Texas Roundup: New funds, Salesforce Buys Toopher, Chin Heads to UT

The post-South By Southwest haze revealed a lot of Austin innovation news, including several startups with new fundraises, an accelerator with a new name, and San Francisco’s Salesforce acquiring Toopher.

Here is the latest news from Xconomy Texas, with stories from myself and my colleague, David Holley.

—MD Anderson’s Lynda Chin departs the Texas Medical Center to become the first associate vice chancellor for health transformation and chief innovation officer for health affairs for the University of Texas System. Chin, an Xconomist, says she will be leading efforts to use big data to help treat diabetes and hopes to collaborate with her former colleagues at the TMC.

—Austin’s Incubation Station gets a new name—SKU—and unveils its latest class of consumer goods startups.

Conceivable raises $800,000 in seed funding to help launch an app that uses traditional Chinese medicine to help women conceive.

Toopher, an Austin-based online security company, is bought by Salesforce of San Francisco. Terms of the deal were not disclosed.

—Take a trip back to the just completed first quarter of 2015 and check out Xconomy Texas’s top stories, including new investments and a wrap up of SXSW, along with billionaire entrepreneur Mark Cuban.

—Two technology startups in Dallas—KeepTrax and Silicone Arts Laboratories—as well as myRoundUp in Houston, announce new funding.

—Retail data company eyeQ in Austin raises $1.2 million; investors include DreamIt and the Houston Angel Network.

Testlio, which has created a network of freelance mobile testers who can test apps for a variety of customers, has raised $1 million, Techcrunch reported. The startup was part of the first class of Techstars Austin in 2013.

 

Author: Angela Shah

Angela Shah was formerly the editor of Xconomy Texas. She has written about startups along a wide entrepreneurial spectrum, from Silicon Valley transplants to Austin transforming a once-sleepy university town in the '90s tech boom to 20-something women defying cultural norms as they seek to build vital IT infrastructure in a war-torn Afghanistan. As a foreign correspondent based in Dubai, her work appeared in The New York Times, TIME, Newsweek/Daily Beast and Forbes Asia. Before moving overseas, Shah was a staff writer and columnist with The Dallas Morning News and the Austin American-Statesman. She has a Bachelor's of Journalism from the University of Texas at Austin, and she is a 2007 Knight-Wallace Fellow at the University of Michigan. With the launch of Xconomy Texas, she's returned to her hometown of Houston.