HomeAway acquired by Expedia for $3.9B
HomeAway has agreed to a $3.9 billion offer from Expedia. The Bellevue, Washington-based travel giant has offered $38.31 per share to acquire the Austin-based rental property network, whose localized sites span 190 countries. [Built In Austin]
Edgecase raises $7.5M
Edgecase received Austin tech’s third largest funding in October. CEO Susanne Bowen said in a statement that the company plans to expand its workforce by 50 percent in the coming year, especially in sales and marketing, to support its growth. Edgecase will also use the capital to further develop the product data enrichment IP that powers its Product Curation Engine. See the other top 5 fundings in October here.
Qvinci raises $3.4M for hiring
The enterprise accounting software company plans to use the capital from 15 investors for hiring. Qvinci allows users to pull consolidated reports from QuickBooks and other software on multiple locations of a business to detect troubling trends early on. [Austin Business Journal]
Howdy raises $1.5M for slackbot service
The company behind the automated assistant Howdy is called XOXCO, which will now pivot to consulting. Howdy is an AI program that runs on Slack, the messaging and collaboration platform for teams, and is in free beta until 2016. Read more about it here. [Austin Business Journal]
Wide Open Spaces raises $1.1M
The company plans to use the capital from 10 investors to expand its series of web media for what it calls “heartland consumers” into other cultural areas like food and music. [Austin Business Journal]
Mozido names new CEO
Mozido announced late last week that Todd Bradley is joining the company as its new CEO. Bradley is the former vice president of Hewlett-Packard’s printing and personal systems unit, a $60 billion annual business. [Built In Austin]
SkillGigs “robo recruiter” comes to Austin
The Houston-based jobs site that pairs employers with workers using artificial intelligence is expanding its service to Austin. SkillGigs also allows employers to bid on new hires in an auction designed to maximize salaries for candidates. [Texas Tech Pulse]
VMWare officially acquires Boxer
The company has confirmed the deal we reported on earlier this month. The email productivity app will be combined with VMWare’s AirWatch, which produces solutions for enterprise mobility and security. [Austin Business Journal]
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