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Lori Hawkins

Business reporter

Latest from Lori Hawkins

Startup accelerators Techstars and Sputnik ATX introduce new Austin cohorts
 One startup -- Rosso & Flynn -- brings together the quality of old school butcher shops with the convenience of online ordering and deliver. Another -- Milkful -- supports breastfeeding moms through community, education and healthy lactation snacks. A third -- Locus -- uses eye tracking technology to provide real-time data on where users...

Posted: a minute ago

One startup -- Rosso & Flynn -- brings together the quality of old school butcher shops with the convenience of online ordering and deliver. Another -- Milkful -- supports breastfeeding moms through community, education and healthy lactation snacks. A third -- Locus -- uses eye tracking technology to provide real-time data on where users...
Thursday Tech Crawl: Apple, returning overseas cash, to pay $38 billion tax bill. Plus Austin is on Amazon’s HQ2 list and more tech news.
 Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s going on: Apple says it will bring hundreds of billions of overseas dollars back to the U.S., pay about $38 billion in taxes on the money and spend tens of billions on domestic jobs, manufacturing and data centers in the...

Posted: 4 days ago

Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s going on: Apple says it will bring hundreds of billions of overseas dollars back to the U.S., pay about $38 billion in taxes on the money and spend tens of billions on domestic jobs, manufacturing and data centers in the...
Home Run: Austin-based Petros PACE scores $10M in deal led by Alex Rodriguez
 Former baseball star Alex Rodriguez and his investment firm are the lead investors in a $10 million funding round for Austin-based Petros PACE Finance. Petros provides long-term PACE financing to U.S. commercial property owners seeking to increase their property values and finance energy conservation.  Rodriguez, who played 22 seasons...

Posted: 4 days ago

Former baseball star Alex Rodriguez and his investment firm are the lead investors in a $10 million funding round for Austin-based Petros PACE Finance. Petros provides long-term PACE financing to U.S. commercial property owners seeking to increase their property values and finance energy conservation.  Rodriguez, who played 22 seasons...
Forget Amazon. Could Austin be home to Apple’s new HQ2? 
 Turns out Amazon isn’t the only tech giant looking to create a second headquarters.  Apple, which already has a significant presence in Austin, said Wednesday that it wants to spend as much as $30 billion on a brand new corporate campus and additions to its existing work sites across the country. The headquarters of Apple, the...

Posted: 4 days ago

Turns out Amazon isn’t the only tech giant looking to create a second headquarters.  Apple, which already has a significant presence in Austin, said Wednesday that it wants to spend as much as $30 billion on a brand new corporate campus and additions to its existing work sites across the country. The headquarters of Apple, the...
Wintry weather tests Austin’s telecommuting abilities
 As Tuesday’s wintry weather hit, a number of Central Texas workers heeded warnings to stay off icy, slick roads and remain at home – but that didn’t mean they all got the day off from work. In today’s high-tech, always-connected world, telecommuting is a viable option for workers in many fields. In fact, in the Austin...

Posted: 5 days ago

As Tuesday’s wintry weather hit, a number of Central Texas workers heeded warnings to stay off icy, slick roads and remain at home – but that didn’t mean they all got the day off from work. In today’s high-tech, always-connected world, telecommuting is a viable option for workers in many fields. In fact, in the Austin...
Austin’s VC profile might be on the rise
 Is Austin finally on the radar of East and West Coast venture capitalists? A new survey suggests the answer is yes. At least 24 Austin startups raised rounds of $10 million or more in 2017, according to a MoneyTree report by PricewaterhouseCoopers and CB Insights. Much of it came in funding rounds led by outside investment firms. “The...

Posted: 9 days ago

Is Austin finally on the radar of East and West Coast venture capitalists? A new survey suggests the answer is yes. At least 24 Austin startups raised rounds of $10 million or more in 2017, according to a MoneyTree report by PricewaterhouseCoopers and CB Insights. Much of it came in funding rounds led by outside investment firms. “The...
Is Austin finally on radar of East and West Coast VCs? New numbers suggest it is.
 Is Austin finally on the radar of East and West Coast venture capitalists? A new survey suggests the answer is yes. At least 24 Austin startups raised rounds of $10 million or more in 2017, according to a MoneyTree report by PricewaterhouseCoopers and CB Insights. Much of it came in funding rounds led by outside investment firms. “The...

Posted: 9 days ago

Is Austin finally on the radar of East and West Coast venture capitalists? A new survey suggests the answer is yes. At least 24 Austin startups raised rounds of $10 million or more in 2017, according to a MoneyTree report by PricewaterhouseCoopers and CB Insights. Much of it came in funding rounds led by outside investment firms. “The...
Thursday Tech Crawl: Qualcomm set to win EU backing for $39B NXP deal, plus more tech news
 Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s happening: Qualcomm Inc. is set to clinch European Union antitrust approval for its $39 billion acquisition of NXP Semiconductors as soon as next week, according to people familiar with the matter. The approval comes as...

Posted: 11 days ago

Good morning, Austin! We have scrolled the internet to bring you the latest in technology news. Here’s what’s happening: Qualcomm Inc. is set to clinch European Union antitrust approval for its $39 billion acquisition of NXP Semiconductors as soon as next week, according to people familiar with the matter. The approval comes as...
Austin’s Shelfbucks, which helps retailers make the most of in-store displays, rings up $9M
 Shelfbucks, which lets retailers analyze the performance of in-store displays, has rung up $9 million in new funding. Founded in 2012, Austin-based Shelfbucks has developed mobile technology that brands and retailers integrate into product displays to measure and improve their performance. The company says its real-time data and field alerts...

Posted: 12 days ago

Shelfbucks, which lets retailers analyze the performance of in-store displays, has rung up $9 million in new funding. Founded in 2012, Austin-based Shelfbucks has developed mobile technology that brands and retailers integrate into product displays to measure and improve their performance. The company says its real-time data and field alerts...
In huge investment deal, Austin’s WP Engine raises $250M 
 WP Engine, which provides hosting for WordPress-built websites, said Thursday it has raised a whopping $250 million to fuel its growth. The Austin-based company received the funding from Silver Lake, a marquee private equity investment firm. Founded in 1999, Silver Lake is one of the largest technology investors in the world. In 2013...

Posted: 18 days ago

WP Engine, which provides hosting for WordPress-built websites, said Thursday it has raised a whopping $250 million to fuel its growth. The Austin-based company received the funding from Silver Lake, a marquee private equity investment firm. Founded in 1999, Silver Lake is one of the largest technology investors in the world. In 2013...
As it fine-tunes its business model, Austin-based Snap Kitchen has raised $16M, according to filings
 Austin-based Snap Kitchen, which recently left the Chicago market and closed locations in Philadelphia, has raised $16.3 million, according to a new securities filing. The company received the funding in equity and options, warrants or other securities, according to a Wednesday filing with the U.S. Securities and Exchange Commission...

Posted: 18 days ago

Austin-based Snap Kitchen, which recently left the Chicago market and closed locations in Philadelphia, has raised $16.3 million, according to a new securities filing. The company received the funding in equity and options, warrants or other securities, according to a Wednesday filing with the U.S. Securities and Exchange Commission...