News releases from Austin Business Journal
AffiniPay has new CEO
Today 8:55 EDT
There's a new chief executive at this 15-year-old company that saw revenue climb an impressive 75% from 2017 to 2019. 2020 was good, too. "The company is poised for our next chapter of growth and...
The Randalls store at 6600 S. MoPac Expy., at the highway’s intersection with William Cannon Drive in Southwest Austin, will close due to it “underperforming,” a company spokesperson told KXAN News.
The Software Factory program allows Army Futures Command to lead technical instruction at Austin Community College, with the goal of helping the Army handle technological issues internally.
UT's move to SEC could boost Austin tourism
July 27, 2021
The Longhorns are an economic powerhouse in Central Texas. Moving to the nation's top college football conference could mean even more spending on game days at local hotels and restaurants.
Who are Austin's fastest-growing companies?
July 26, 2021
The deadline to nominate companies for Austin Business Journal's annual Fast 50 Awards is quickly approaching.
This adds to a rapidly growing electric vehicle ecosystem in Austin. It's not just the $1.1 billion Tesla factory rising in eastern Travis County — there are scores of companies working in different...
Masks making a comeback as Covid cases rise
July 23, 2021
Austin and Travis County health officials elevated the area to Stage 4 Covid-19 risk-based guidelines Friday as the delta variant accelerates the rise in cases.
After selling his fintech company for $275 million, Ryan Wuerch says he's moving on to the "next chapter." Dosh had raised at least $96 million in venture capital before it was bought by Nasdaq-listed...
Increased access to Covid-19 vaccines has led to a surge in the percentage of Americans who are comfortable returning to live events. It's also affecting how they view Covid-19 safety protocols.
This Austin venture capitalist raised money from J.P. Morgan, Capital Creek Partners and others. She's involved with something called Project Spark, a J.P. Morgan Asset Management aimed at helping...
Disco's stock pops on first day of trading
July 21, 2021
Disco, a legal-technology company based in Austin, just went public. It was a big day for founder and CEO Kiwi Camara, while investors such as Austin VC firm LiveOak saw their investments multiplied...
As Samsung weighs where it will build a $17 billion chipmaking plant in the United States, a few more details about its preferred timeline emerged at a Travis County Commissioners Court meeting on July...
This company makes it safe for Amazon and others to drop off packages to apartment dwellers. Investors are bullish, fueling a major expansion. This story explains the company's business model and...
What does that mean for businesses? It's up to individual companies whether they want to mandate masks or change operations, such as restaurants going back to pickup and delivery only. But these are...
The week in bankruptcies: Sports cafe files for Ch. 11
July 19, 2021
Business bankruptcy filings are trending way down this year compared with 2020 at the federal courthouse in Austin. Last week, just one local company sought protection from creditors.
This video-on-demand company will feature “original scripted and unscripted TV series, movies, documentaries and podcasts all featuring Latino talent." Click through to read more about the plans from...
In this opinion piece, a fellow from the Manhattan Institute argues against adding rail lines in the Austin area as well as plans to expand I-35. "For projects this costly, Austinites deserve...
Armed with billions, an Austin venture capital firm and a Michigan-based warehousing company are teaming up to build logistics startups and invest in them.
HNTB has new leader for Austin office
July 15, 2021
HNTB works with clients such as TxDOT and Capital Metro to build roads and other infrastructure to move people around this increasingly congested region. The firm has a new leader in Austin — and he...
Austin startups are raising more money than ever as companies relocate to Austin and local entrepreneurs tap into new venture funds and alternatives like crowdfunding.
What's more Austin than a musician, a producer and a tech CEO teaming up on a startup to help creators of all kinds connect with fans and promote their work? The Crowdmouth founding team has parlayed...
For the first time since 2003, Texas Democrats are crossing state lines to break quorum. Here's what we know.
Richard Bagdonas beat cancer, then Covid-19. Now he's applying lessons learned from those journeys to launch a new startup to help people dealing with medical issues communicate with their family and...
For the year, Austin has recorded 15 business bankruptcy filings. Here are some of the latest, including one for a construction firm.
Abbott unveils agenda for special session
July 07, 2021
Texas Gov. Greg Abbott has released the list of 11 agenda items for legislators to consider during this summer's special session, and they include a slate of Republican priorities.
ABJ events returning to 'normal' soon
July 07, 2021
93% of Austin Business Journal subscribers said they are ready to get back to in-person events immediately. Let's do this.
One of Austin's largest employers is gearing up to hire 1,000 jobs at its new distribution facility in this northern suburb.
Pandemic traffic: Better than Houston, worse than Dallas
July 01, 2021
What shutdown? According to the Texas A&M Transportation Institute, Austin ranked No. 7 in the amount of hours each commuter wasted in traffic in 2020. They call it "delay hours per commuter." Although...
Viewpoint: Immigration issues still plague economy
July 01, 2021
From the chief of the Texas Association of Business: "We must urge Congress, especially our senators, to act now and grant legislative protections to dreamers. These protections would allow them to...
June was packed with a couple IPOs, more than a dozen fundings and plenty of venture capital firm activity. Catch up on all of it in our monthly roundup...