Hyperwallet moves HQ to Austin
The Canadian fintech company plans to hire several hundred local employees to work in its new North Austin office. [Austin Business Journal].
Ortho Kinematics raises $4 million
The company will use the investment to further commercialize its flagship product, a biomechanical spinal scanning process called Vertebral Motion Analysis, or VMA. [Built In Austin]
Silvercar raises $28 million round led by Audi
Other investors included Austin Ventures and Facebook co-founder Eduardo Saverin, both of whom participated in previous rounds. Audi North America President Scott Keogh will join Silvercar’s board of directors as it partners with the German automaker to develop a fleet solution for companies who wish to provide accessible transportation to employees on corporate campuses. [Built In Austin]
6 executives on the move
- hires new CFO J. Scott Di Valerio from Redbox and Coinstar [press release]
- Vista Equity Partners announces Kenneth Frank as CEO of newly joined MarketLive-Shopatron [press release]
- Brandon Tolany Joins Silicon Labs as Senior Vice President of Worldwide Sales [press release]
- Compeat hires CFO Kerry Carney [press release]
- Ben Parsons joins Executive Team [press release]
- Bethany Little joins as the Vice President of Client Services [press release]
6 Austinites among Forbes' 30 Under 30 list
Forbes released their annual 30 under 30 list this week, recognizing those who have made huge contributions in very little time in 20 different industries. Austin was represented by ScoreMore Shows president Sascha Guttfreund, above, and five others, including Cassandra Tognoni, of BookReport, which makes accounting software for schools. [Culturemap Austin]
Austin Energy plans more efficient grid
The innovative utility company is using Tesla batteries to store energy from wind and solar, then distribute it efficiently using new software. [AustinInno]
Photo of Sascha Guttfreund of ScoreMore Shows by Grant Waring. Photo of Karl Popham, manager of Austin Energy's Electric Vehicles & Emerging Technologies team, by AustinInno's Brent Wistrom.
Have a tip for us or know of a company that deserves coverage? Email us via [email protected].
