Convey raises $4.5M Series A to improve your delivery experience
Logistics company Convey (formerly Pivot Freight) announced a $4.5 million Series A round of funding this week. The Techstars graduate will use the new infusion of capital to continue developing their product. [Built In Austin]
ATC launches Policy Coalition to help align tech with government
The Austin Technology Council announced a new initiative this morning aiming to better align Austin's tech community and the city’s government. The newly formed ATC Policy Coalition will work to bring together leaders from the tech community and elected officials to foster innovation and represent Austin tech in the civic community. [Built In Austin]
Fitness platform launching in Austin
Pittsburgh-based startup Fitt plans to expand to Austin soon. The company, incorporated as Vennare Ventures LLC, plans to expand its health and fitness discovery platform to five more cities next month and another five by year-end, bringing the total to 17. [Austin Business Journal]
E2open acquires Orchestro
E2open, the largest and most comprehensive supply chain operating network, today announced that it has acquired Orchestro, the leading provider of demand signal repositories and preemptive analytics for retail and omni-channel fulfillment. The combination delivers the world’s only demand-driven Supply Chain Operating Network. [Press release]
Banyan Water raises $1.4M
Banyan Water Inc., a software maker, reported raising $1.4 million of a planned $2.1 million financing. Banyan Water, founded in 2011, provides technological water management services for large water users such as CBRE Inc., American Airlines and The Blackstone Group, according to its website. [Austin Business Journal]
Epicor Software seeking sale
Austin-based Epicor Software is looking for a buyer again. It was on the block in 2014 but ultimately chose not to sell, turning down offers it deemed too low from bidders including CVC Capital Partner. [Wall Street Journal]
Favor appoints VP of Marketing
Favor, the popular on-demand delivery app, today announces the appointment of Uri Bogler as VP of Marketing. Bogler joins the Favor executive team to help the company drive consumer and runner acquisition and retention, enhance the in-app user experience, and optimize brand marketing and media campaigns. Bogler joins Favor with over 10 years of marketing leadership, building great consumer experiences and accelerating business growth across a wide variety of industries.
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