Lori Hawkins

Business reporter

Latest from Lori Hawkins

UPDATE: Austin software maker SailPoint raises $240M in IPO, gets a warm welcome from Wall Street
 Software maker SailPoint Technologies got a warm welcome from Wall Street on its first day as a public company. The Austin-based company raised $240 million in an initial public offering on Thursday. The company priced 20 million shares at $12 each, according to a securities filing. That was well over the $9 to $11 per share price range...

Posted: 2 days ago

Software maker SailPoint Technologies got a warm welcome from Wall Street on its first day as a public company. The Austin-based company raised $240 million in an initial public offering on Thursday. The company priced 20 million shares at $12 each, according to a securities filing. That was well over the $9 to $11 per share price range...
Amid big growth, tech startup Opcity is moving HQ from downtown to Southeast Austin
 Real estate technology startup Opcity is moving its headquarters from downtown to Southeast Austin to fuel its rapid growth. After researching options across town, the company is opening a 50,000-square-foot office at 6800 Burleson Road. The space will allow the company to double its current 225-person headcount, said CEO Ben Rubenstein...

Posted: 3 days ago

Real estate technology startup Opcity is moving its headquarters from downtown to Southeast Austin to fuel its rapid growth. After researching options across town, the company is opening a 50,000-square-foot office at 6800 Burleson Road. The space will allow the company to double its current 225-person headcount, said CEO Ben Rubenstein...
Forbes: CEO of Austin's Bumble is '$1 billion Queen Bee of Dating Apps'
 Dating app Bumble is already one of Austin’s brightest break-out stars. Now founder Whitney Wolfe Herd is taking center stage. Herd, 28, will be featured on the cover of Forbes’ 30 under 30 issue in mid-December, the magazine  tweeted. The cover story, which dubs Herd “the $1 billion Queen Bee of Dating Apps”...

Posted: 3 days ago

Dating app Bumble is already one of Austin’s brightest break-out stars. Now founder Whitney Wolfe Herd is taking center stage. Herd, 28, will be featured on the cover of Forbes’ 30 under 30 issue in mid-December, the magazine tweeted. The cover story, which dubs Herd “the $1 billion Queen Bee of Dating Apps”...
Wednesday Tech Crawl: Google amps up job search with salary and location features, and Amazon’s cashierless store is almost ready for prime time.
 Good morning, Austin! We have scrolled the internet to bring you the latest in tech news. Here’s what’s going on: Earlier this year, Google unveiled new search tools designed specifically to help people find jobs. Now the tech giant is announcing new features to its job search tool. With the updated features, you can search for...

Posted: 3 days ago

Good morning, Austin! We have scrolled the internet to bring you the latest in tech news. Here’s what’s going on: Earlier this year, Google unveiled new search tools designed specifically to help people find jobs. Now the tech giant is announcing new features to its job search tool. With the updated features, you can search for...
Settlement reached in Capital Factory’s suit against Austin co-working space
 After being sued by Austin tech accelerator Capital Factory, an East Austin co-working space has changed its name and a settlement has been reached, according to a court filing. In August, Capital Factory sued atx Factory and its founder, accusing them of trademark infringement, unfair competition and unjust enrichment. The lawsuit...

Posted: 9 days ago

After being sued by Austin tech accelerator Capital Factory, an East Austin co-working space has changed its name and a settlement has been reached, according to a court filing. In August, Capital Factory sued atx Factory and its founder, accusing them of trademark infringement, unfair competition and unjust enrichment. The lawsuit...
ScaleFactor, maker of accounting software for small businesses, raises $2.5 million
 ScaleFactor, which sells finance and accounting software for small businesses, has landed $2.5 million to speed up product development. The Austin-based startup provides a platform that provides automation tools for bookkeeping, tax compliance and financial analysis. Investors in the seed round were Next Coast Ventures, Techstars Ventures...

Posted: 9 days ago

ScaleFactor, which sells finance and accounting software for small businesses, has landed $2.5 million to speed up product development. The Austin-based startup provides a platform that provides automation tools for bookkeeping, tax compliance and financial analysis. Investors in the seed round were Next Coast Ventures, Techstars Ventures...
Austin startup Rollick Outdoor raises $5.6M for platform to sell boats, RVs, motorcycles
 Austin startup Rollick Outdoor has raised $5.6 million to build out its online platform for selling boats, RVs and motorcycles. The funding round was led by Silverton Partners with participation from Autotech Ventures, Troy Capital Partners, Capital Factory and Austin entrepreneur Brett Hurt, Rollick said. Rollick says its marketing...

Posted: 10 days ago

Austin startup Rollick Outdoor has raised $5.6 million to build out its online platform for selling boats, RVs and motorcycles. The funding round was led by Silverton Partners with participation from Autotech Ventures, Troy Capital Partners, Capital Factory and Austin entrepreneur Brett Hurt, Rollick said. Rollick says its marketing...
Wednesday Tech Crawl: Twitter doubles its character count and Apple wants an AR headset to succeed the iPhone. Plus more tech news.
 Good morning, Austin! We have scrolled the internet to bring you the latest in tech news. Here’s what’s going on: Call it double trouble: Twitter is rolling out a 280-character limit for single tweets after testing the option among a handful of users since September. The new character limit applies to languages where cramming...

Posted: 10 days ago

Good morning, Austin! We have scrolled the internet to bring you the latest in tech news. Here’s what’s going on: Call it double trouble: Twitter is rolling out a 280-character limit for single tweets after testing the option among a handful of users since September. The new character limit applies to languages where cramming...
Austin-based Accruent ramps up its European expansion with an acquisition
 Austin-based software company Accruent is ramping up its European expansion by acquiring a Dutch software maker. Financial terms of the deal were not disclosed. Accruent, which develops real estate, facilities and equipment management software, has grown through acquisitions. It has purchased 15 companies since its founding in 1995....

Posted: 11 days ago

Austin-based software company Accruent is ramping up its European expansion by acquiring a Dutch software maker. Financial terms of the deal were not disclosed. Accruent, which develops real estate, facilities and equipment management software, has grown through acquisitions. It has purchased 15 companies since its founding in 1995....
Austin’s SailPoint plans to raise $200 million in upcoming IPO
 Austin-based software maker SailPoint Technologies is getting closer to an initial public offering of stock, with plans to raise $200 million. The company on Monday announced terms for its IPO. It plans to offer 20 million shares (29 percent are insider shares) at a price range of $9 to $11.  At the midpoint of the of the proposed...

Posted: 12 days ago

Austin-based software maker SailPoint Technologies is getting closer to an initial public offering of stock, with plans to raise $200 million. The company on Monday announced terms for its IPO. It plans to offer 20 million shares (29 percent are insider shares) at a price range of $9 to $11.  At the midpoint of the of the proposed...
Wednesday Tech Crawl: Social media giants get grilled on Capitol Hill and Sony’s robotic dog is back with new tricks. Plus more tech news.
 Good morning, Austin! We scrolled the internet to bring you the latest in tech news. Here’s what’s happening: Facebook, Google and Twitter were in Washington yesterday for the first of three public hearings with congressional committees to discuss Russia’s attempt to influence last year’s U.S. presidential election...

Posted: 18 days ago

Good morning, Austin! We scrolled the internet to bring you the latest in tech news. Here’s what’s happening: Facebook, Google and Twitter were in Washington yesterday for the first of three public hearings with congressional committees to discuss Russia’s attempt to influence last year’s U.S. presidential election...