Lori Hawkins

Business reporter

Latest from Lori Hawkins

Austin's Elsewhere Partners plans to invest in software startups outside traditional VC hubs
 Two years ago, venture capitalist Chris Pacitti founded AVX Partners to invest in software companies that have released products and signed customers, but need outside investment to accelerate their growth. Rather than raising a venture fund, AVX Partners invests on a deal-by-deal basis, using dollars from Pacitti’s network of...

Posted: a day ago

Two years ago, venture capitalist Chris Pacitti founded AVX Partners to invest in software companies that have released products and signed customers, but need outside investment to accelerate their growth. Rather than raising a venture fund, AVX Partners invests on a deal-by-deal basis, using dollars from Pacitti’s network of...
Austin’s TrustRadius brings in $5.5M for expansion
 Austin-based TrustRadius, which runs a review platform for business-to-business technology, has raised $5.5 million to ramp up growth. The TrustRadius site, which launched in 2013, lets IT professionals share information in the same way that consumers do on sites like Yelp and Angie’s List. The site includes reviews and ratings...

Posted: 2 days ago

Austin-based TrustRadius, which runs a review platform for business-to-business technology, has raised $5.5 million to ramp up growth. The TrustRadius site, which launched in 2013, lets IT professionals share information in the same way that consumers do on sites like Yelp and Angie’s List. The site includes reviews and ratings...
Wednesday Tech Crawl: Amazon is secretly building Alexa-enabled smart glasses and Toshiba is sold for $18B.
 Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s happening: Amazon is working on its first wearable device: a pair of smart glasses that would allow its virtual assistant Alexa to be summoned any time, anywhere, according to the Financial Times. The device, which would...

Posted: 3 days ago

Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s happening: Amazon is working on its first wearable device: a pair of smart glasses that would allow its virtual assistant Alexa to be summoned any time, anywhere, according to the Financial Times. The device, which would...
Check out Google’s new downtown Austin offices 
 Three cityview terraces. Gourmet cafeterias that serve complimentary breakfast, lunch and dinner. A “speakeasy” secret hangout with floor-to-ceiling bookshelves, a bar, couches and a piano.  Welcome to Google’s new downtown Austin offices. The 300,000-square foot space currently holds more than 450 employees. Two additional...

Posted: 3 days ago

Three cityview terraces. Gourmet cafeterias that serve complimentary breakfast, lunch and dinner. A “speakeasy” secret hangout with floor-to-ceiling bookshelves, a bar, couches and a piano.  Welcome to Google’s new downtown Austin offices. The 300,000-square foot space currently holds more than 450 employees. Two additional...
Car insurance site The Zebra raises $40M and announces a new CEO
 The Zebra, an Austin company that lets consumers compare car insurance rates online, has raised $40 million and named a new CEO. Silicon Valley-based Accel Partners was the lead investor in the Series B deal, which brings the total amount raised by The Zebra to $61.5 million. Meanwhile, tech industry veteran Keith Melnick has joined The Zebra...

Posted: 3 days ago

The Zebra, an Austin company that lets consumers compare car insurance rates online, has raised $40 million and named a new CEO. Silicon Valley-based Accel Partners was the lead investor in the Series B deal, which brings the total amount raised by The Zebra to $61.5 million. Meanwhile, tech industry veteran Keith Melnick has joined The Zebra...
Austin biotech firm gets $4M in drug development grants
 Austin-based Pain Therapeutics has received two grants totaling $4 million to continue its development of two drugs. The news sent shares of the company up more than 8 percent. The drug development company, which was founded in 1998, was awarded a $2.2 million research and development grant from the National Institute on Drug Abuse. ...

Posted: 4 days ago

Austin-based Pain Therapeutics has received two grants totaling $4 million to continue its development of two drugs. The news sent shares of the company up more than 8 percent. The drug development company, which was founded in 1998, was awarded a $2.2 million research and development grant from the National Institute on Drug Abuse. ...
This Austin software startup has a new name and a fresh infusion of cash 
 An Austin startup that wants to help sales professionals do their work has a new name and a fresh infusion of cash. Olono, formerly Nexd, says its enterprise software tool automates the process of pursuing and closing deals, letting sales reps save time on tasks like data entry to focus on the bigger picture. “Olono acts like a sales...

Posted: 5 days ago

An Austin startup that wants to help sales professionals do their work has a new name and a fresh infusion of cash. Olono, formerly Nexd, says its enterprise software tool automates the process of pursuing and closing deals, letting sales reps save time on tasks like data entry to focus on the bigger picture. “Olono acts like a sales...
Austin’s FloSports races ahead with expansion plans
 Austin-based FloSports is racing ahead with expansion plans. The company, which provides digital coverage of sports that don’t typically get network coverage, is launching FloBikes.com, a site dedicated to in-depth coverage of competitive cycling.  FloSports has hired Ian Dille, a former professional cyclist and national...

Posted: 9 days ago

Austin-based FloSports is racing ahead with expansion plans. The company, which provides digital coverage of sports that don’t typically get network coverage, is launching FloBikes.com, a site dedicated to in-depth coverage of competitive cycling.  FloSports has hired Ian Dille, a former professional cyclist and national...
Wednesday Tech Crawl: Apple bets on augmented reality to sell new phones. Plus does Boston have an edge on second Amazon headquarters?
 Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s happening: Apple's new iPhone 8, iPhone 8 Plus, and iPhone X smartphones are intended to bring augmented reality technology to the masses. The company unveiled three new smartphones on Tuesday that executives bragged would...

Posted: 10 days ago

Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s happening: Apple's new iPhone 8, iPhone 8 Plus, and iPhone X smartphones are intended to bring augmented reality technology to the masses. The company unveiled three new smartphones on Tuesday that executives bragged would...
Two tech companies to eliminate nearly 200 Austin-area jobs through layoffs
 Nearly 200 Austin-area workers are being laid off as part of job reductions by Oracle America and Novitex Enterprise Solutions. Oracle America, which is a subsidiary of Oracle Corp., is eliminating 108 jobs, according to a WARN letter the company sent to the Texas Workforce Commission.  A WARN letter, which stands for Worker Adjustment...

Posted: 11 days ago

Nearly 200 Austin-area workers are being laid off as part of job reductions by Oracle America and Novitex Enterprise Solutions. Oracle America, which is a subsidiary of Oracle Corp., is eliminating 108 jobs, according to a WARN letter the company sent to the Texas Workforce Commission.  A WARN letter, which stands for Worker Adjustment...