Austin Startup Fundings: July 2019

“The capital of Texas has everything you need to get a startup off the ground,” said BF (Business Facilities) Editor in Chief Jack Rogers in a recent article about the booming Texas startup scene.

Austin is quickly becoming the place to grow a startup with its ability to attract new talent. Check out these expanding startups which recently secured venture funding.

1. OutBoundEngine

  • Funding Date: July 2, 2019
  • Funding Amount: $8 Million
  • Funding Type: Debt Financing
  • Website: www.outboundengine.com
    Overview from their Crunchbase.com profile: OutboundEngine is an Austin, TX-based marketing technology company that helps businesses grow by making online marketing simple. The company’s SaaS platform automates email marketing, social media posting, online review collection and more for over 10,000 customers. Founded in 2012, OutboundEngine is ranked No. 95 on the Inc. 5000 and has been consistently named a top workplace in Austin. For more information, please visit www.outboundengine.com.

2. Vyopta

  • Funding Date: July 10, 2019
  • Funding Amount: $7.5 Million
  • Funding Type: Series B
  • Website: www.vyopta.com
    Overview from their Crunchbase.com profile: Vyopta provides analytics products that large enterprises use to improve video and web collaboration. The cloud-based platform allows organizations to simplify the management, reduce the cost, and improve quality and increase usage of video and web collaboration tools. We serve a wide range of customers including those in the financial, technology, healthcare, consumer products, education, and government sectors.

3. E2open

  • Funding Date: July 17, 2019
  • Funding Amount: $950 million
  • Funding Type: Debt Financing
  • Website: www.e2open.com
    Overview from their Crunchbase.com profile: E2open is a leading provider of cloud-based, on-demand software solutions enabling enterprises to procure, manufacture, sell, and distribute products more efficiently through collaborative execution across global trading networks. Brand owners use E2open solutions to gain visibility into and control over their trading networks through the real-time information, integrated business processes, and advanced analytics that E2open provides. E2open customers include Celestica, Cisco, Dell, Hitachi, IBM, LSI, Motorola, RIM, Seagate, and Vodafone. E2open is headquartered in Foster City, California with operations worldwide.

4. Homeward

  • Funding Date: July 22, 2019
  • Funding Amount: $21 Million
  • Funding Type: Debt Financing
  • Website: www.homeward.com
    Overview from their Crunchbase.com profile: Since forever, most homeowners have had to sell their home first, then rush to find a new home before the old home sale closes. Playing the timing game is stressful and forces you to settle for a home you may not love, pay more than you want, or move into a rental property while you keep searching for the right home.

5. TrustRadius

  • Funding Date: July 23, 2019
  • Funding Amount: $12.5 Million
  • Funding Type: Series C
  • Website: www.trustradius.com
    Overview from their Crunchbase.com profile: TrustRadius is the most trusted review platform for business technology. We help buyers make confident decisions with in-depth reviews and ratings from real users. We also help vendors engage and convert buyers by putting their customer’s voice to work, authentically and at scale. Clients range from category defining companies like Marketo, disruptive startups like TrendKite and industry giants like Oracle. Headquartered in Austin, TX, TrustRadius was founded by successful entrepreneurs and is backed by the Mayfield Fund.

6. Turnkey Vacation Rentals

  • Funding Date: July 23, 2019
  • Funding Amount: $48 Million
  • Funding Type: Series E
  • Website: turnkeyvr.com
    Overview from their Crunchbase.com profile: TurnKey Vacation Rentals, Inc. markets and manages premier vacation rental homes in top U.S. destinations. We’re a passionate team of travel enthusiasts devoted to creating the extraordinary experiences that only vacation homes can offer. Our dedicated in-market experts and proprietary technologies ensure each TurnKey property is unmatched in quality and value, offering homeowners and their guests the consistent, high-end experience of a fine hotel while retaining the unique benefits and authenticity of a vacation rental home.

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