Mercury

Mercury is a purpose-built early-stage venture capital platform dedicated to supporting transformative software startups in communities across America, particularly in Middle America. The company identifies and partners with exceptional founders, offering both guidance to new entrepreneurs and resources to experienced innovators. With a focus on operationally-driven investment strategies, Mercury has generated over $9 billion in value, facilitating rapid and sustainable growth for its portfolio companies. Through its comprehensive growth partner network, Mercury aims to leverage local assets and talent, fostering entrepreneurship and innovation within the regions it serves.

Nafisa Istami

Senior Analyst

Past deals in Texas

SmartAC.com

Venture Round in 2024
SmartAC.com Inc., established in 2016 and located in Houston, Texas, specializes in manufacturing custom sensors that gather essential data on HVAC system performance. The company's platform supports proactive maintenance for HVAC and plumbing systems by alerting contractors and homeowners to potential issues such as breakdowns or water leaks before they escalate into significant problems. The sensors track various parameters, including cooling and heating efficiency, airflow, air filter longevity, and vulnerable water leak areas. SmartAC.com offers a comprehensive service that includes a lifetime warranty on the hardware, daily health checks of the system, monthly performance reports, discounted air filters, active monitoring for water leaks, and real-time consultations with certified HVAC professionals. Additionally, the company has developed energy-saving devices aimed at reducing electricity consumption in air conditioning systems, thereby promoting energy efficiency for homeowners.

Topl

Series A in 2022
Topl is a company that specializes in blockchain infrastructure aimed at enabling businesses and communities to monetize their ethical and sustainable practices. Founded in 2017 and based in both Maastricht, Netherlands, and Houston, Texas, Topl offers blockchain-as-a-service solutions tailored for supply chain management and certification. Its primary product, the Topl Blockchain, serves as a protocol designed specifically for the impact sector, allowing organizations to verify and monetize their positive contributions. In addition to the blockchain, Topl provides a suite of hosted services and tools that facilitate user interaction with its technology, supporting projects across various industries and borders. Overall, Topl seeks to empower companies to transform their social and environmental impact into tangible assets.

Spruce

Series B in 2022
Spruce develops a platform that enables individuals to receive services in their homes through a mobile app. Its services range from full housekeeping to a quick tidy up or a dog walk for a furry friend. The company was founded in 2016 and is headquartered in Austin, Texas.

Upgrade Boutique

Seed Round in 2022
Upgrade Boutique is a managed marketplace that provides beauty products and services. The company connects with consumers that seek custom wigs, extensions, and curated beauty products with a network of stylists and colorists. Upgrade Boutique was founded in 2019 by Britney Winters and is headquartered in Houston, Texas.

Graylog

Venture Round in 2021
Graylog is a company that specializes in enterprise log management, providing an open-source solution for the collection, storage, and analysis of machine data from IT infrastructures and applications. Its platform is utilized by threat hunters, operations professionals, and DevOps teams to enhance situational awareness and address various challenges related to security, compliance, operations, and application development. By offering services and support for its solution, Graylog helps organizations improve the efficiency of their IT operations while significantly reducing costs. Headquartered in Houston, the company is committed to empowering users to scale their event processes and workflows across the organization.

Upgrade Boutique

Seed Round in 2021
Upgrade Boutique is a managed marketplace that provides beauty products and services. The company connects with consumers that seek custom wigs, extensions, and curated beauty products with a network of stylists and colorists. Upgrade Boutique was founded in 2019 by Britney Winters and is headquartered in Houston, Texas.

Molecule Software

Series A in 2021
Molecule Software, Inc. develops a cloud-based energy trading and risk management application designed for commodity traders, risk managers, and operations teams. The company's flagship product, Molecule, features physical inventory support, reconciliation, market data download capabilities, and market data analytics. By integrating trades and position data from various exchanges and spreadsheets with real-time market data, Molecule enables users to quickly calculate positions, profit and loss, and value-at-risk, thereby streamlining operations and enhancing data security and reliability. Founded in 2012 and headquartered in Houston, Texas, Molecule Software serves various sectors, including electricity, natural gas, natural gas liquids, and crude oil.

Topl

Seed Round in 2020
Topl is a company that specializes in blockchain infrastructure aimed at enabling businesses and communities to monetize their ethical and sustainable practices. Founded in 2017 and based in both Maastricht, Netherlands, and Houston, Texas, Topl offers blockchain-as-a-service solutions tailored for supply chain management and certification. Its primary product, the Topl Blockchain, serves as a protocol designed specifically for the impact sector, allowing organizations to verify and monetize their positive contributions. In addition to the blockchain, Topl provides a suite of hosted services and tools that facilitate user interaction with its technology, supporting projects across various industries and borders. Overall, Topl seeks to empower companies to transform their social and environmental impact into tangible assets.

Spruce

Series A in 2020
Spruce develops a platform that enables individuals to receive services in their homes through a mobile app. Its services range from full housekeeping to a quick tidy up or a dog walk for a furry friend. The company was founded in 2016 and is headquartered in Austin, Texas.

Cloudsnap

Venture Round in 2019
Cloudsnap, Inc. is an Austin-based company founded in 2011 that provides an Integrated Platform-as-a-Service solution designed to help developers create software applications using various third-party services. Its platform employs distributed P2P interception techniques to facilitate the development and deployment of mobile and web applications integrated with popular services such as Salesforce, Evernote, Highrise, Basecamp, and Campfire. Cloudsnap aims to streamline the integration of essential business applications, relieving companies of the burdens associated with manual processes and data synchronization. The company emphasizes the importance of its onboarding teams and automation engineers, who leverage their understanding of customer needs to create tailored solutions. With over 350 customers, Cloudsnap continues to expand its client base, supported by institutional investors.

Spruce

Venture Round in 2019
Spruce develops a platform that enables individuals to receive services in their homes through a mobile app. Its services range from full housekeeping to a quick tidy up or a dog walk for a furry friend. The company was founded in 2016 and is headquartered in Austin, Texas.

Cloudsnap

Seed Round in 2019
Cloudsnap, Inc. is an Austin-based company founded in 2011 that provides an Integrated Platform-as-a-Service solution designed to help developers create software applications using various third-party services. Its platform employs distributed P2P interception techniques to facilitate the development and deployment of mobile and web applications integrated with popular services such as Salesforce, Evernote, Highrise, Basecamp, and Campfire. Cloudsnap aims to streamline the integration of essential business applications, relieving companies of the burdens associated with manual processes and data synchronization. The company emphasizes the importance of its onboarding teams and automation engineers, who leverage their understanding of customer needs to create tailored solutions. With over 350 customers, Cloudsnap continues to expand its client base, supported by institutional investors.

Spruce

Venture Round in 2018
Spruce develops a platform that enables individuals to receive services in their homes through a mobile app. Its services range from full housekeeping to a quick tidy up or a dog walk for a furry friend. The company was founded in 2016 and is headquartered in Austin, Texas.

Ambiq Micro

Venture Round in 2018
Ambiq Micro, Inc. specializes in the development of ultra-low power integrated circuits tailored for power-sensitive applications. The company focuses on creating subthreshold power optimized technology, producing real-time clocks and microcontrollers for various uses, including wearables, smart cards, wireless sensors, and Internet-of-Things (IoT) devices. Founded in 2009 and based in Austin, Texas, Ambiq Micro also maintains offices in San Jose, California, and several locations in China. Its pioneering technology aims to facilitate the creation of next-generation wireless electronics by enabling innovative companies to design products that minimize battery dependency, reduce overall power consumption, and enhance design flexibility. Additionally, Ambiq Micro provides technical support services to its clients, further contributing to its mission of advancing low-power semiconductor solutions.

TrendKite

Series D in 2016
TrendKite is an Austin, Texas-based company founded in 2012, specializing in public relations (PR) analytics software. The company's mission is to assist organizations in understanding public perception and responding effectively. TrendKite's platform provides comprehensive tools for measuring the impact of PR efforts on brand awareness, website traffic, and overall business objectives. It enables users to create automated or customizable dashboards that can swiftly analyze vast amounts of data, streamlining workflow and improving efficiency. The software is designed to help brands and agencies evaluate trends across various media types, generate insightful reports, and focus on the quality of media coverage rather than merely the quantity.

GameSalad

Debt Financing in 2016
GameSalad Inc. is a mobile game development platform that enables users to design, publish, and distribute original games across various platforms including iOS, Android, and HTML5. Founded in 2007 and based in Austin, Texas, GameSalad provides a visual programming interface that simplifies game creation, making it accessible to both aspiring developers and educators. The platform has been utilized by over one million users and has supported the development of numerous successful games that have ranked in the top 100 of the App Store. Additionally, GameSalad serves as an educational tool, offering a curriculum aligned with programming fundamentals and computational thinking, thereby fostering skills in game design and digital media creation among students worldwide. Formerly known as Gendai Games, Inc., the company rebranded to GameSalad Inc. in 2010.

Ambiq Micro

Series C in 2016
Ambiq Micro, Inc. specializes in the development of ultra-low power integrated circuits tailored for power-sensitive applications. The company focuses on creating subthreshold power optimized technology, producing real-time clocks and microcontrollers for various uses, including wearables, smart cards, wireless sensors, and Internet-of-Things (IoT) devices. Founded in 2009 and based in Austin, Texas, Ambiq Micro also maintains offices in San Jose, California, and several locations in China. Its pioneering technology aims to facilitate the creation of next-generation wireless electronics by enabling innovative companies to design products that minimize battery dependency, reduce overall power consumption, and enhance design flexibility. Additionally, Ambiq Micro provides technical support services to its clients, further contributing to its mission of advancing low-power semiconductor solutions.

Resonant Therapeutics

Series A in 2016
Resonant Therapeutics, Inc. is a biotechnology company based in Houston, Texas, that operates a proprietary drug discovery platform aimed at accelerating the identification of therapeutic targets for cancer treatment. The company utilizes its Integrated Microenvironment Pathway Catalog and Triage (IMPaCT) platform to simultaneously discover novel targets and high-affinity, functional antibodies with remarkable efficiency. By leveraging insights into the tumor microenvironment and the immune system, the platform can identify therapeutic candidates from patient-derived tumor tissues or cell lines, including cancer stem cells. Resonant Therapeutics has developed a pipeline of candidates demonstrating potent anti-tumor activity, particularly in breast and ovarian cancers, and its antibodies are designed to be used either alone or in combination with emerging immunotherapies. The company also maintains a strategic alliance with Retrogenix Ltd. to further enhance its capabilities in drug discovery.

Meshify

Debt Financing in 2016
Meshify, Inc. develops electronic-device management software focused on the Internet of Things (IoT) market, enabling Original Equipment Manufacturers (OEMs) to transform existing devices into internet-connected products. Founded in 2012 and based in Houston, Texas, the company offers a range of software solutions that facilitate measurement, monitoring, and control of devices, allowing users to receive alerts via email, text, and mobile applications. Meshify's platform includes features such as user management, permissions, and data visualization tools, which help businesses gain insights and recurring revenue from their connected products. Additionally, the company provides hardware-related services, including board design and wireless integration, and offers specific IoT solutions such as sensors for water shutoff, energy management, and remote monitoring across various industries. Meshify operates as a subsidiary of HSB Group, Inc.

TrendKite

Series C in 2015
TrendKite is an Austin, Texas-based company founded in 2012, specializing in public relations (PR) analytics software. The company's mission is to assist organizations in understanding public perception and responding effectively. TrendKite's platform provides comprehensive tools for measuring the impact of PR efforts on brand awareness, website traffic, and overall business objectives. It enables users to create automated or customizable dashboards that can swiftly analyze vast amounts of data, streamlining workflow and improving efficiency. The software is designed to help brands and agencies evaluate trends across various media types, generate insightful reports, and focus on the quality of media coverage rather than merely the quantity.

TrendKite

Series B in 2015
TrendKite is an Austin, Texas-based company founded in 2012, specializing in public relations (PR) analytics software. The company's mission is to assist organizations in understanding public perception and responding effectively. TrendKite's platform provides comprehensive tools for measuring the impact of PR efforts on brand awareness, website traffic, and overall business objectives. It enables users to create automated or customizable dashboards that can swiftly analyze vast amounts of data, streamlining workflow and improving efficiency. The software is designed to help brands and agencies evaluate trends across various media types, generate insightful reports, and focus on the quality of media coverage rather than merely the quantity.

Graylog

Seed Round in 2015
Graylog is a company that specializes in enterprise log management, providing an open-source solution for the collection, storage, and analysis of machine data from IT infrastructures and applications. Its platform is utilized by threat hunters, operations professionals, and DevOps teams to enhance situational awareness and address various challenges related to security, compliance, operations, and application development. By offering services and support for its solution, Graylog helps organizations improve the efficiency of their IT operations while significantly reducing costs. Headquartered in Houston, the company is committed to empowering users to scale their event processes and workflows across the organization.

Experiment Engine

Seed Round in 2014
Experiment Engine, Inc. is a conversion optimization platform headquartered in Austin, Texas, that specializes in managing testing programs and scaling experimentation for brands and agencies. Founded in 2014, the company provides tools that enable teams to plan, execute, and analyze testing projects effectively. Its platform facilitates collaboration on testing programs, offering access to design, development, copywriting, and quality assurance resources. By allowing users to conduct tests on various web page versions, Experiment Engine helps clients understand performance metrics and prioritize experiments based on data insights. The company serves diverse sectors, including e-commerce, publishing, lead generation, and agencies, and operates as a subsidiary of Optimizely, Inc. since 2017.

Molecule Software

Seed Round in 2014
Molecule Software, Inc. develops a cloud-based energy trading and risk management application designed for commodity traders, risk managers, and operations teams. The company's flagship product, Molecule, features physical inventory support, reconciliation, market data download capabilities, and market data analytics. By integrating trades and position data from various exchanges and spreadsheets with real-time market data, Molecule enables users to quickly calculate positions, profit and loss, and value-at-risk, thereby streamlining operations and enhancing data security and reliability. Founded in 2012 and headquartered in Houston, Texas, Molecule Software serves various sectors, including electricity, natural gas, natural gas liquids, and crude oil.

Ambiq Micro

Series C in 2014
Ambiq Micro, Inc. specializes in the development of ultra-low power integrated circuits tailored for power-sensitive applications. The company focuses on creating subthreshold power optimized technology, producing real-time clocks and microcontrollers for various uses, including wearables, smart cards, wireless sensors, and Internet-of-Things (IoT) devices. Founded in 2009 and based in Austin, Texas, Ambiq Micro also maintains offices in San Jose, California, and several locations in China. Its pioneering technology aims to facilitate the creation of next-generation wireless electronics by enabling innovative companies to design products that minimize battery dependency, reduce overall power consumption, and enhance design flexibility. Additionally, Ambiq Micro provides technical support services to its clients, further contributing to its mission of advancing low-power semiconductor solutions.

Koupon Media

Series C in 2014
Koupon Media, Inc. is a digital campaign management platform specializing in the creation, distribution, redemption, and analysis of digital coupons and promotions. Founded in 2011 and based in Addison, Texas, Koupon serves convenience store retailers and consumer packaged goods (CPG) brands by facilitating personalized, multi-channel promotions that enhance shopper engagement and drive sales. The company offers a comprehensive suite of services, including campaign management, coupon clearing, and consumer analytics, which integrate with various retailer point-of-sale systems. Koupon is recognized for its extensive network, collaborating with 30 of the top 50 convenience store retailers and over 70 brands, and has successfully delivered over 4 billion offers to date.

DNAtrix

Series B in 2014
DNAtrix, Inc. is a clinical-stage biotechnology company based in Texas that specializes in developing virus-driven immunotherapies for cancer treatment. The company’s leading product, DNX-2401, is an oncolytic immunotherapy designed to target and kill glioblastoma cells, a particularly aggressive form of brain cancer. This therapy has shown promising early results, with over 35 patients treated. DNAtrix is also developing additional armed DNX viruses, specifically DNX-2440 and DNX-2450, aimed at treating various solid tumors, as well as MYX-135, which targets hematological malignancies. With a focus on harnessing modified viruses to selectively destroy cancer cells while stimulating the immune system, DNAtrix seeks to expand its platform to address other cancers, including brain metastases, ovarian, and pancreatic cancers. The company was incorporated in 2005 and maintains its headquarters in Houston, Texas, with an additional office in San Diego, California.

Illumitex

Debt Financing in 2014
Illumitex Inc., founded in 2005 and headquartered in Austin, Texas, specializes in the manufacturing of precision LEDs and LED lighting fixtures. The company provides a range of products tailored for various applications, including horticultural lighting for large growers, vertical farms, and greenhouses, as well as industrial and architectural lighting solutions for warehouses, offices, and commercial landscapes. Illumitex focuses on enhancing traditional LED designs by creating innovative packages that emit light in a uniform and precise manner, utilizing advanced optics technology. Their offerings are distributed through retailers and distributors across the United States, serving diverse sectors such as food processing, grocery displays, and indoor gardening.

TrendKite

Venture Round in 2014
TrendKite is an Austin, Texas-based company founded in 2012, specializing in public relations (PR) analytics software. The company's mission is to assist organizations in understanding public perception and responding effectively. TrendKite's platform provides comprehensive tools for measuring the impact of PR efforts on brand awareness, website traffic, and overall business objectives. It enables users to create automated or customizable dashboards that can swiftly analyze vast amounts of data, streamlining workflow and improving efficiency. The software is designed to help brands and agencies evaluate trends across various media types, generate insightful reports, and focus on the quality of media coverage rather than merely the quantity.

TrendKite

Series A in 2014
TrendKite is an Austin, Texas-based company founded in 2012, specializing in public relations (PR) analytics software. The company's mission is to assist organizations in understanding public perception and responding effectively. TrendKite's platform provides comprehensive tools for measuring the impact of PR efforts on brand awareness, website traffic, and overall business objectives. It enables users to create automated or customizable dashboards that can swiftly analyze vast amounts of data, streamlining workflow and improving efficiency. The software is designed to help brands and agencies evaluate trends across various media types, generate insightful reports, and focus on the quality of media coverage rather than merely the quantity.

Patient IO

Seed Round in 2014
Filament Labs is a Techstars Austin ’13 company, building PatientIO, a patient engagement platform. It products, PatientIO, helps health professionals track and manage their patients’ health behaviors between visits. It helps patients adhere to complex treatment regimens and transmit relevant data back to their doctor. Filament Labs was founded in 2013 by [Jason Bornhorst](https://www.crunchbase.com/person/jason-bornhorst) and [Colin Anawaty](https://www.crunchbase.com/person/colin-anawaty). It is based in Austin, T.X.

Apsara Therapeutics

Debt Financing in 2014
Apsara Therapeutics is a biopharmaceutical company based in Houston, Texas, that specializes in developing antibody therapies for neuromyelitis optica (NMO), a demyelinating disorder that affects the spinal cord and optic nerve. The company's innovative therapies aim to block the formation of lesions associated with NMO and to interrupt the inflammatory processes that lead to demyelination and neuronal cell death. By focusing on antibody-mediated immune disorders, Apsara Therapeutics is working towards providing effective treatments that address the underlying mechanisms of this debilitating condition.

Apsara Therapeutics

Debt Financing in 2014
Apsara Therapeutics is a biopharmaceutical company based in Houston, Texas, that specializes in developing antibody therapies for neuromyelitis optica (NMO), a demyelinating disorder that affects the spinal cord and optic nerve. The company's innovative therapies aim to block the formation of lesions associated with NMO and to interrupt the inflammatory processes that lead to demyelination and neuronal cell death. By focusing on antibody-mediated immune disorders, Apsara Therapeutics is working towards providing effective treatments that address the underlying mechanisms of this debilitating condition.

Deep Imaging Technologies

Debt Financing in 2014
Deep Imaging Technologies, Inc. is a subsurface imaging company established in 2008 and located in Tomball, Texas. The company specializes in developing advanced data collection equipment and software technologies tailored for the oil and gas industry. Its product offerings include surface imaging systems that utilize electromagnetic fields generated at very low frequencies to effectively image geological features. The combination of transmitters, receivers, and imaging software positions Deep Imaging Technologies as a key player in enhancing subsurface data acquisition and interpretation within the sector.

Molecule Software

Seed Round in 2013
Molecule Software, Inc. develops a cloud-based energy trading and risk management application designed for commodity traders, risk managers, and operations teams. The company's flagship product, Molecule, features physical inventory support, reconciliation, market data download capabilities, and market data analytics. By integrating trades and position data from various exchanges and spreadsheets with real-time market data, Molecule enables users to quickly calculate positions, profit and loss, and value-at-risk, thereby streamlining operations and enhancing data security and reliability. Founded in 2012 and headquartered in Houston, Texas, Molecule Software serves various sectors, including electricity, natural gas, natural gas liquids, and crude oil.

Deep Imaging Technologies

Debt Financing in 2013
Deep Imaging Technologies, Inc. is a subsurface imaging company established in 2008 and located in Tomball, Texas. The company specializes in developing advanced data collection equipment and software technologies tailored for the oil and gas industry. Its product offerings include surface imaging systems that utilize electromagnetic fields generated at very low frequencies to effectively image geological features. The combination of transmitters, receivers, and imaging software positions Deep Imaging Technologies as a key player in enhancing subsurface data acquisition and interpretation within the sector.

Patient IO

Debt Financing in 2013
Filament Labs is a Techstars Austin ’13 company, building PatientIO, a patient engagement platform. It products, PatientIO, helps health professionals track and manage their patients’ health behaviors between visits. It helps patients adhere to complex treatment regimens and transmit relevant data back to their doctor. Filament Labs was founded in 2013 by [Jason Bornhorst](https://www.crunchbase.com/person/jason-bornhorst) and [Colin Anawaty](https://www.crunchbase.com/person/colin-anawaty). It is based in Austin, T.X.

Macheen

Debt Financing in 2013
Macheen Inc. specializes in enabling connected device manufacturers, retailers, and solution providers to offer products that are ready for immediate use upon unboxing, as they come pre-connected to mobile networks. The company's cloud-based platform facilitates innovative business models for various stakeholders, including device makers, retailers, cloud service providers, and network operators. By enhancing adoption rates and market penetration of connected devices and cloud services, Macheen delivers significant value across its ecosystem. Headquartered in Austin, Texas, Macheen operates globally and has wholly owned subsidiaries in Germany and the United Kingdom. Key enrollment partners include major technology companies such as Dell and Lenovo.

DNAtrix

Debt Financing in 2013
DNAtrix, Inc. is a clinical-stage biotechnology company based in Texas that specializes in developing virus-driven immunotherapies for cancer treatment. The company’s leading product, DNX-2401, is an oncolytic immunotherapy designed to target and kill glioblastoma cells, a particularly aggressive form of brain cancer. This therapy has shown promising early results, with over 35 patients treated. DNAtrix is also developing additional armed DNX viruses, specifically DNX-2440 and DNX-2450, aimed at treating various solid tumors, as well as MYX-135, which targets hematological malignancies. With a focus on harnessing modified viruses to selectively destroy cancer cells while stimulating the immune system, DNAtrix seeks to expand its platform to address other cancers, including brain metastases, ovarian, and pancreatic cancers. The company was incorporated in 2005 and maintains its headquarters in Houston, Texas, with an additional office in San Diego, California.

DNAtrix

Debt Financing in 2013
DNAtrix, Inc. is a clinical-stage biotechnology company based in Texas that specializes in developing virus-driven immunotherapies for cancer treatment. The company’s leading product, DNX-2401, is an oncolytic immunotherapy designed to target and kill glioblastoma cells, a particularly aggressive form of brain cancer. This therapy has shown promising early results, with over 35 patients treated. DNAtrix is also developing additional armed DNX viruses, specifically DNX-2440 and DNX-2450, aimed at treating various solid tumors, as well as MYX-135, which targets hematological malignancies. With a focus on harnessing modified viruses to selectively destroy cancer cells while stimulating the immune system, DNAtrix seeks to expand its platform to address other cancers, including brain metastases, ovarian, and pancreatic cancers. The company was incorporated in 2005 and maintains its headquarters in Houston, Texas, with an additional office in San Diego, California.

Ambiq Micro

Series B in 2013
Ambiq Micro, Inc. specializes in the development of ultra-low power integrated circuits tailored for power-sensitive applications. The company focuses on creating subthreshold power optimized technology, producing real-time clocks and microcontrollers for various uses, including wearables, smart cards, wireless sensors, and Internet-of-Things (IoT) devices. Founded in 2009 and based in Austin, Texas, Ambiq Micro also maintains offices in San Jose, California, and several locations in China. Its pioneering technology aims to facilitate the creation of next-generation wireless electronics by enabling innovative companies to design products that minimize battery dependency, reduce overall power consumption, and enhance design flexibility. Additionally, Ambiq Micro provides technical support services to its clients, further contributing to its mission of advancing low-power semiconductor solutions.

Koupon Media

Venture Round in 2013
Koupon Media, Inc. is a digital campaign management platform specializing in the creation, distribution, redemption, and analysis of digital coupons and promotions. Founded in 2011 and based in Addison, Texas, Koupon serves convenience store retailers and consumer packaged goods (CPG) brands by facilitating personalized, multi-channel promotions that enhance shopper engagement and drive sales. The company offers a comprehensive suite of services, including campaign management, coupon clearing, and consumer analytics, which integrate with various retailer point-of-sale systems. Koupon is recognized for its extensive network, collaborating with 30 of the top 50 convenience store retailers and over 70 brands, and has successfully delivered over 4 billion offers to date.

Deep Imaging Technologies

Debt Financing in 2013
Deep Imaging Technologies, Inc. is a subsurface imaging company established in 2008 and located in Tomball, Texas. The company specializes in developing advanced data collection equipment and software technologies tailored for the oil and gas industry. Its product offerings include surface imaging systems that utilize electromagnetic fields generated at very low frequencies to effectively image geological features. The combination of transmitters, receivers, and imaging software positions Deep Imaging Technologies as a key player in enhancing subsurface data acquisition and interpretation within the sector.

DNAtrix

Debt Financing in 2013
DNAtrix, Inc. is a clinical-stage biotechnology company based in Texas that specializes in developing virus-driven immunotherapies for cancer treatment. The company’s leading product, DNX-2401, is an oncolytic immunotherapy designed to target and kill glioblastoma cells, a particularly aggressive form of brain cancer. This therapy has shown promising early results, with over 35 patients treated. DNAtrix is also developing additional armed DNX viruses, specifically DNX-2440 and DNX-2450, aimed at treating various solid tumors, as well as MYX-135, which targets hematological malignancies. With a focus on harnessing modified viruses to selectively destroy cancer cells while stimulating the immune system, DNAtrix seeks to expand its platform to address other cancers, including brain metastases, ovarian, and pancreatic cancers. The company was incorporated in 2005 and maintains its headquarters in Houston, Texas, with an additional office in San Diego, California.

Infochimps

Debt Financing in 2013
Infochimps, Inc. is a provider of Big Data systems that operates on a Platform-as-a-Service model, catering to enterprise companies. Founded in 2009 and headquartered in Austin, Texas, with an additional office in Redwood City, California, Infochimps offers a comprehensive suite of cloud services known as Infochimps Cloud. This suite includes Cloud::Streams for real-time data streaming and analytics, Cloud::Queries for NoSQL databases and ad hoc analytics, and Cloud::Hadoop for elastic Hadoop clusters and batch processing. The platform is augmented by tools such as the Infochimps Command Center, which provides monitoring and control of streaming data, and a systems provisioning tool that automates machine configurations. Infochimps serves a diverse range of industries, including media, retail, manufacturing, financial services, telecommunications, and healthcare, helping organizations simplify the management of complex Big Data environments and enhance decision-making capabilities. As a subsidiary of DXC Technology Company, Infochimps continues to innovate in the Big Data space.

Ambiq Micro

Series B in 2012
Ambiq Micro, Inc. specializes in the development of ultra-low power integrated circuits tailored for power-sensitive applications. The company focuses on creating subthreshold power optimized technology, producing real-time clocks and microcontrollers for various uses, including wearables, smart cards, wireless sensors, and Internet-of-Things (IoT) devices. Founded in 2009 and based in Austin, Texas, Ambiq Micro also maintains offices in San Jose, California, and several locations in China. Its pioneering technology aims to facilitate the creation of next-generation wireless electronics by enabling innovative companies to design products that minimize battery dependency, reduce overall power consumption, and enhance design flexibility. Additionally, Ambiq Micro provides technical support services to its clients, further contributing to its mission of advancing low-power semiconductor solutions.

Macheen

Venture Round in 2012
Macheen Inc. specializes in enabling connected device manufacturers, retailers, and solution providers to offer products that are ready for immediate use upon unboxing, as they come pre-connected to mobile networks. The company's cloud-based platform facilitates innovative business models for various stakeholders, including device makers, retailers, cloud service providers, and network operators. By enhancing adoption rates and market penetration of connected devices and cloud services, Macheen delivers significant value across its ecosystem. Headquartered in Austin, Texas, Macheen operates globally and has wholly owned subsidiaries in Germany and the United Kingdom. Key enrollment partners include major technology companies such as Dell and Lenovo.

Infochimps

Debt Financing in 2012
Infochimps, Inc. is a provider of Big Data systems that operates on a Platform-as-a-Service model, catering to enterprise companies. Founded in 2009 and headquartered in Austin, Texas, with an additional office in Redwood City, California, Infochimps offers a comprehensive suite of cloud services known as Infochimps Cloud. This suite includes Cloud::Streams for real-time data streaming and analytics, Cloud::Queries for NoSQL databases and ad hoc analytics, and Cloud::Hadoop for elastic Hadoop clusters and batch processing. The platform is augmented by tools such as the Infochimps Command Center, which provides monitoring and control of streaming data, and a systems provisioning tool that automates machine configurations. Infochimps serves a diverse range of industries, including media, retail, manufacturing, financial services, telecommunications, and healthcare, helping organizations simplify the management of complex Big Data environments and enhance decision-making capabilities. As a subsidiary of DXC Technology Company, Infochimps continues to innovate in the Big Data space.

Molecule Software

Seed Round in 2012
Molecule Software, Inc. develops a cloud-based energy trading and risk management application designed for commodity traders, risk managers, and operations teams. The company's flagship product, Molecule, features physical inventory support, reconciliation, market data download capabilities, and market data analytics. By integrating trades and position data from various exchanges and spreadsheets with real-time market data, Molecule enables users to quickly calculate positions, profit and loss, and value-at-risk, thereby streamlining operations and enhancing data security and reliability. Founded in 2012 and headquartered in Houston, Texas, Molecule Software serves various sectors, including electricity, natural gas, natural gas liquids, and crude oil.

Alert Logic

Series F in 2012
Alert Logic specializes in providing security and compliance solutions tailored for cloud, on-premises, and hybrid infrastructures. The company offers Security-as-a-Service, which is fully managed by a team of experts, delivering comprehensive protection for networks, systems, and web applications. Alert Logic partners with major cloud platforms and hosting providers, serving over 3,600 organizations globally. Its advanced platform processes petabytes of data, analyzes more than 400 million events, and identifies upwards of 50,000 security incidents monthly, all monitored by a 24/7 Security Operations Center. Founded in 2002 and headquartered in Houston, Texas, Alert Logic's offerings include a range of SaaS solutions such as intrusion detection, log management, web application firewalls, and vulnerability assessments, alongside managed security services. The company leverages innovative analytics technology to enhance asset visibility and security analytics across diverse environments.

Illumitex

Venture Round in 2012
Illumitex Inc., founded in 2005 and headquartered in Austin, Texas, specializes in the manufacturing of precision LEDs and LED lighting fixtures. The company provides a range of products tailored for various applications, including horticultural lighting for large growers, vertical farms, and greenhouses, as well as industrial and architectural lighting solutions for warehouses, offices, and commercial landscapes. Illumitex focuses on enhancing traditional LED designs by creating innovative packages that emit light in a uniform and precise manner, utilizing advanced optics technology. Their offerings are distributed through retailers and distributors across the United States, serving diverse sectors such as food processing, grocery displays, and indoor gardening.

Koupon Media

Series B in 2012
Koupon Media, Inc. is a digital campaign management platform specializing in the creation, distribution, redemption, and analysis of digital coupons and promotions. Founded in 2011 and based in Addison, Texas, Koupon serves convenience store retailers and consumer packaged goods (CPG) brands by facilitating personalized, multi-channel promotions that enhance shopper engagement and drive sales. The company offers a comprehensive suite of services, including campaign management, coupon clearing, and consumer analytics, which integrate with various retailer point-of-sale systems. Koupon is recognized for its extensive network, collaborating with 30 of the top 50 convenience store retailers and over 70 brands, and has successfully delivered over 4 billion offers to date.

DNAtrix

Seed Round in 2012
DNAtrix, Inc. is a clinical-stage biotechnology company based in Texas that specializes in developing virus-driven immunotherapies for cancer treatment. The company’s leading product, DNX-2401, is an oncolytic immunotherapy designed to target and kill glioblastoma cells, a particularly aggressive form of brain cancer. This therapy has shown promising early results, with over 35 patients treated. DNAtrix is also developing additional armed DNX viruses, specifically DNX-2440 and DNX-2450, aimed at treating various solid tumors, as well as MYX-135, which targets hematological malignancies. With a focus on harnessing modified viruses to selectively destroy cancer cells while stimulating the immune system, DNAtrix seeks to expand its platform to address other cancers, including brain metastases, ovarian, and pancreatic cancers. The company was incorporated in 2005 and maintains its headquarters in Houston, Texas, with an additional office in San Diego, California.

Koupon Media

Series A in 2011
Koupon Media, Inc. is a digital campaign management platform specializing in the creation, distribution, redemption, and analysis of digital coupons and promotions. Founded in 2011 and based in Addison, Texas, Koupon serves convenience store retailers and consumer packaged goods (CPG) brands by facilitating personalized, multi-channel promotions that enhance shopper engagement and drive sales. The company offers a comprehensive suite of services, including campaign management, coupon clearing, and consumer analytics, which integrate with various retailer point-of-sale systems. Koupon is recognized for its extensive network, collaborating with 30 of the top 50 convenience store retailers and over 70 brands, and has successfully delivered over 4 billion offers to date.

BlackLocus

Series A in 2011
BlackLocus is a provider of automated pricing tools aimed at mid-market and large online retailers. Based in Austin, Texas, the company leverages competitive pricing data from the web alongside clients' online store data to deliver actionable insights on pricing and product assortment. By utilizing advanced machine learning and revenue management techniques, BlackLocus offers a pricing-as-a-service model that enables retailers to optimize their pricing strategies effectively. The platform also helps businesses monitor competitors' product prices and shipping rates, providing recommendations for pricing, inventory management, and marketing. BlackLocus aims to simplify complex enterprise data, allowing retailers to maximize their market opportunities.

Macheen

Series B in 2011
Macheen Inc. specializes in enabling connected device manufacturers, retailers, and solution providers to offer products that are ready for immediate use upon unboxing, as they come pre-connected to mobile networks. The company's cloud-based platform facilitates innovative business models for various stakeholders, including device makers, retailers, cloud service providers, and network operators. By enhancing adoption rates and market penetration of connected devices and cloud services, Macheen delivers significant value across its ecosystem. Headquartered in Austin, Texas, Macheen operates globally and has wholly owned subsidiaries in Germany and the United Kingdom. Key enrollment partners include major technology companies such as Dell and Lenovo.

Illumitex

Venture Round in 2011
Illumitex Inc., founded in 2005 and headquartered in Austin, Texas, specializes in the manufacturing of precision LEDs and LED lighting fixtures. The company provides a range of products tailored for various applications, including horticultural lighting for large growers, vertical farms, and greenhouses, as well as industrial and architectural lighting solutions for warehouses, offices, and commercial landscapes. Illumitex focuses on enhancing traditional LED designs by creating innovative packages that emit light in a uniform and precise manner, utilizing advanced optics technology. Their offerings are distributed through retailers and distributors across the United States, serving diverse sectors such as food processing, grocery displays, and indoor gardening.

Alert Logic

Series E in 2011
Alert Logic specializes in providing security and compliance solutions tailored for cloud, on-premises, and hybrid infrastructures. The company offers Security-as-a-Service, which is fully managed by a team of experts, delivering comprehensive protection for networks, systems, and web applications. Alert Logic partners with major cloud platforms and hosting providers, serving over 3,600 organizations globally. Its advanced platform processes petabytes of data, analyzes more than 400 million events, and identifies upwards of 50,000 security incidents monthly, all monitored by a 24/7 Security Operations Center. Founded in 2002 and headquartered in Houston, Texas, Alert Logic's offerings include a range of SaaS solutions such as intrusion detection, log management, web application firewalls, and vulnerability assessments, alongside managed security services. The company leverages innovative analytics technology to enhance asset visibility and security analytics across diverse environments.

GameSalad

Series A in 2011
GameSalad Inc. is a mobile game development platform that enables users to design, publish, and distribute original games across various platforms including iOS, Android, and HTML5. Founded in 2007 and based in Austin, Texas, GameSalad provides a visual programming interface that simplifies game creation, making it accessible to both aspiring developers and educators. The platform has been utilized by over one million users and has supported the development of numerous successful games that have ranked in the top 100 of the App Store. Additionally, GameSalad serves as an educational tool, offering a curriculum aligned with programming fundamentals and computational thinking, thereby fostering skills in game design and digital media creation among students worldwide. Formerly known as Gendai Games, Inc., the company rebranded to GameSalad Inc. in 2010.

Deep Imaging Technologies

Debt Financing in 2011
Deep Imaging Technologies, Inc. is a subsurface imaging company established in 2008 and located in Tomball, Texas. The company specializes in developing advanced data collection equipment and software technologies tailored for the oil and gas industry. Its product offerings include surface imaging systems that utilize electromagnetic fields generated at very low frequencies to effectively image geological features. The combination of transmitters, receivers, and imaging software positions Deep Imaging Technologies as a key player in enhancing subsurface data acquisition and interpretation within the sector.

Ambiq Micro

Seed Round in 2010
Ambiq Micro, Inc. specializes in the development of ultra-low power integrated circuits tailored for power-sensitive applications. The company focuses on creating subthreshold power optimized technology, producing real-time clocks and microcontrollers for various uses, including wearables, smart cards, wireless sensors, and Internet-of-Things (IoT) devices. Founded in 2009 and based in Austin, Texas, Ambiq Micro also maintains offices in San Jose, California, and several locations in China. Its pioneering technology aims to facilitate the creation of next-generation wireless electronics by enabling innovative companies to design products that minimize battery dependency, reduce overall power consumption, and enhance design flexibility. Additionally, Ambiq Micro provides technical support services to its clients, further contributing to its mission of advancing low-power semiconductor solutions.

Infochimps

Series A in 2010
Infochimps, Inc. is a provider of Big Data systems that operates on a Platform-as-a-Service model, catering to enterprise companies. Founded in 2009 and headquartered in Austin, Texas, with an additional office in Redwood City, California, Infochimps offers a comprehensive suite of cloud services known as Infochimps Cloud. This suite includes Cloud::Streams for real-time data streaming and analytics, Cloud::Queries for NoSQL databases and ad hoc analytics, and Cloud::Hadoop for elastic Hadoop clusters and batch processing. The platform is augmented by tools such as the Infochimps Command Center, which provides monitoring and control of streaming data, and a systems provisioning tool that automates machine configurations. Infochimps serves a diverse range of industries, including media, retail, manufacturing, financial services, telecommunications, and healthcare, helping organizations simplify the management of complex Big Data environments and enhance decision-making capabilities. As a subsidiary of DXC Technology Company, Infochimps continues to innovate in the Big Data space.

GameSalad

Series A in 2010
GameSalad Inc. is a mobile game development platform that enables users to design, publish, and distribute original games across various platforms including iOS, Android, and HTML5. Founded in 2007 and based in Austin, Texas, GameSalad provides a visual programming interface that simplifies game creation, making it accessible to both aspiring developers and educators. The platform has been utilized by over one million users and has supported the development of numerous successful games that have ranked in the top 100 of the App Store. Additionally, GameSalad serves as an educational tool, offering a curriculum aligned with programming fundamentals and computational thinking, thereby fostering skills in game design and digital media creation among students worldwide. Formerly known as Gendai Games, Inc., the company rebranded to GameSalad Inc. in 2010.

Macheen

Series A in 2010
Macheen Inc. specializes in enabling connected device manufacturers, retailers, and solution providers to offer products that are ready for immediate use upon unboxing, as they come pre-connected to mobile networks. The company's cloud-based platform facilitates innovative business models for various stakeholders, including device makers, retailers, cloud service providers, and network operators. By enhancing adoption rates and market penetration of connected devices and cloud services, Macheen delivers significant value across its ecosystem. Headquartered in Austin, Texas, Macheen operates globally and has wholly owned subsidiaries in Germany and the United Kingdom. Key enrollment partners include major technology companies such as Dell and Lenovo.

DNAtrix

Debt Financing in 2010
DNAtrix, Inc. is a clinical-stage biotechnology company based in Texas that specializes in developing virus-driven immunotherapies for cancer treatment. The company’s leading product, DNX-2401, is an oncolytic immunotherapy designed to target and kill glioblastoma cells, a particularly aggressive form of brain cancer. This therapy has shown promising early results, with over 35 patients treated. DNAtrix is also developing additional armed DNX viruses, specifically DNX-2440 and DNX-2450, aimed at treating various solid tumors, as well as MYX-135, which targets hematological malignancies. With a focus on harnessing modified viruses to selectively destroy cancer cells while stimulating the immune system, DNAtrix seeks to expand its platform to address other cancers, including brain metastases, ovarian, and pancreatic cancers. The company was incorporated in 2005 and maintains its headquarters in Houston, Texas, with an additional office in San Diego, California.

DNAtrix

Seed Round in 2008
DNAtrix, Inc. is a clinical-stage biotechnology company based in Texas that specializes in developing virus-driven immunotherapies for cancer treatment. The company’s leading product, DNX-2401, is an oncolytic immunotherapy designed to target and kill glioblastoma cells, a particularly aggressive form of brain cancer. This therapy has shown promising early results, with over 35 patients treated. DNAtrix is also developing additional armed DNX viruses, specifically DNX-2440 and DNX-2450, aimed at treating various solid tumors, as well as MYX-135, which targets hematological malignancies. With a focus on harnessing modified viruses to selectively destroy cancer cells while stimulating the immune system, DNAtrix seeks to expand its platform to address other cancers, including brain metastases, ovarian, and pancreatic cancers. The company was incorporated in 2005 and maintains its headquarters in Houston, Texas, with an additional office in San Diego, California.

ActaCell

Series A in 2008
ActaCell, Inc. is a technology start-up focused on commercializing advanced lithium-ion battery technology developed at The University of Texas at Austin. The company's innovations aim to provide significantly longer cycle life at a lower cost while prioritizing safety. ActaCell's energy storage solutions utilize a nanocomposite alloy anode material as a replacement for traditional graphite, enhancing efficiency and longevity in high-energy applications. The company secured $5.8 million in Series A financing in July 2008, led by DFJ Mercury and supported by investors such as Google.org's RechargeIT program and Applied Ventures, LLC. These funds are intended to recruit essential technical talent and further advance ActaCell's battery technology for commercial use.

Phurnace Software

Series A in 2008
Phurnace Software specializes in automating the deployment of mission-critical applications, allowing companies to enhance revenue and significantly reduce costs. Founded in 2007 and based in Austin, Texas, the company utilizes patent-pending technology to streamline the installation, deployment, and upgrade processes for web applications. Its flagship product, Phurnace Deliver, addresses configuration-related errors and minimizes reliance on scripting, facilitating the management of dependencies when introducing changes to applications and other digital assets. By automating these processes, Phurnace Software aims to eliminate manual, error-prone practices, enabling businesses to achieve a substantial return on investment within weeks. As of late 2009, Phurnace Software operates as a subsidiary of BMC Software.

Illumitex

Series B in 2008
Illumitex Inc., founded in 2005 and headquartered in Austin, Texas, specializes in the manufacturing of precision LEDs and LED lighting fixtures. The company provides a range of products tailored for various applications, including horticultural lighting for large growers, vertical farms, and greenhouses, as well as industrial and architectural lighting solutions for warehouses, offices, and commercial landscapes. Illumitex focuses on enhancing traditional LED designs by creating innovative packages that emit light in a uniform and precise manner, utilizing advanced optics technology. Their offerings are distributed through retailers and distributors across the United States, serving diverse sectors such as food processing, grocery displays, and indoor gardening.

Alert Logic

Series C in 2008
Alert Logic specializes in providing security and compliance solutions tailored for cloud, on-premises, and hybrid infrastructures. The company offers Security-as-a-Service, which is fully managed by a team of experts, delivering comprehensive protection for networks, systems, and web applications. Alert Logic partners with major cloud platforms and hosting providers, serving over 3,600 organizations globally. Its advanced platform processes petabytes of data, analyzes more than 400 million events, and identifies upwards of 50,000 security incidents monthly, all monitored by a 24/7 Security Operations Center. Founded in 2002 and headquartered in Houston, Texas, Alert Logic's offerings include a range of SaaS solutions such as intrusion detection, log management, web application firewalls, and vulnerability assessments, alongside managed security services. The company leverages innovative analytics technology to enhance asset visibility and security analytics across diverse environments.

Phurnace Software

Series A in 2007
Phurnace Software specializes in automating the deployment of mission-critical applications, allowing companies to enhance revenue and significantly reduce costs. Founded in 2007 and based in Austin, Texas, the company utilizes patent-pending technology to streamline the installation, deployment, and upgrade processes for web applications. Its flagship product, Phurnace Deliver, addresses configuration-related errors and minimizes reliance on scripting, facilitating the management of dependencies when introducing changes to applications and other digital assets. By automating these processes, Phurnace Software aims to eliminate manual, error-prone practices, enabling businesses to achieve a substantial return on investment within weeks. As of late 2009, Phurnace Software operates as a subsidiary of BMC Software.

Vizionware

Series B in 2007
VizionWare offers audio and video digital interconnect technology solutions for consumer and commercial A/V applications. It offers high definition multimedia interface (HDMI) digital interconnects, fiber optic HDMI interconnects, digital visual interface (DVI) digital interconnects, HDMI-to-DVI digital interconnects, switcher and digital audio synchronizers, integrator-friendly accessory products, HDMI and DVI swivel adapters, HDMI connector locking mounts, and heavy duty cable pull through socks. The company serves home theater, commercial, original equipment manufacturer, and consumer markets. VizionWare was founded in 2004 and is based in Austin, Texas.

Podcast Ready

Series A in 2007
Podcast Ready, Inc. is a company based in San Antonio, Texas, that focuses on enhancing the adoption of podcasting through its software and services. Established in 2005, it offers users a dedicated portal for managing their podcast programs and subscriptions. One of its key products is myPodder, a podcast management software that can be pre-loaded on MP3 players or downloaded for free from its website. By simplifying the podcasting experience, Podcast Ready aims to address the challenges faced by both subscribers and content creators in the growing podcasting landscape.

Alert Logic

Series B in 2006
Alert Logic specializes in providing security and compliance solutions tailored for cloud, on-premises, and hybrid infrastructures. The company offers Security-as-a-Service, which is fully managed by a team of experts, delivering comprehensive protection for networks, systems, and web applications. Alert Logic partners with major cloud platforms and hosting providers, serving over 3,600 organizations globally. Its advanced platform processes petabytes of data, analyzes more than 400 million events, and identifies upwards of 50,000 security incidents monthly, all monitored by a 24/7 Security Operations Center. Founded in 2002 and headquartered in Houston, Texas, Alert Logic's offerings include a range of SaaS solutions such as intrusion detection, log management, web application firewalls, and vulnerability assessments, alongside managed security services. The company leverages innovative analytics technology to enhance asset visibility and security analytics across diverse environments.

DNAtrix

Debt Financing in 2006
DNAtrix, Inc. is a clinical-stage biotechnology company based in Texas that specializes in developing virus-driven immunotherapies for cancer treatment. The company’s leading product, DNX-2401, is an oncolytic immunotherapy designed to target and kill glioblastoma cells, a particularly aggressive form of brain cancer. This therapy has shown promising early results, with over 35 patients treated. DNAtrix is also developing additional armed DNX viruses, specifically DNX-2440 and DNX-2450, aimed at treating various solid tumors, as well as MYX-135, which targets hematological malignancies. With a focus on harnessing modified viruses to selectively destroy cancer cells while stimulating the immune system, DNAtrix seeks to expand its platform to address other cancers, including brain metastases, ovarian, and pancreatic cancers. The company was incorporated in 2005 and maintains its headquarters in Houston, Texas, with an additional office in San Diego, California.

Alert Logic

Series A in 2005
Alert Logic specializes in providing security and compliance solutions tailored for cloud, on-premises, and hybrid infrastructures. The company offers Security-as-a-Service, which is fully managed by a team of experts, delivering comprehensive protection for networks, systems, and web applications. Alert Logic partners with major cloud platforms and hosting providers, serving over 3,600 organizations globally. Its advanced platform processes petabytes of data, analyzes more than 400 million events, and identifies upwards of 50,000 security incidents monthly, all monitored by a 24/7 Security Operations Center. Founded in 2002 and headquartered in Houston, Texas, Alert Logic's offerings include a range of SaaS solutions such as intrusion detection, log management, web application firewalls, and vulnerability assessments, alongside managed security services. The company leverages innovative analytics technology to enhance asset visibility and security analytics across diverse environments.
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