Built In Austin surveyed the local 2015 startup financing landscape and – not surprisingly to those who’ve been paying attention – it was a banner year. Companies in Austin’s digital technology industry raised almost $1 billion in new capital in 2015—not counting HomeAway’s behemoth $3.9 billion buyout by Expedia.
Top segments securing fundraising were e-commerce, marketing and advertising tech and data and analytics—all topping $150 million.
That HomeAway deal is important for another reason. It proves Austin is capable of nurturing and birthing a consumer technology brand and not just enterprise tech brands.
This is all very good news for Austin, and for the tech industry. Congratulations to everyone. Now let’s see what happens next!
Sol Marketing salutes the Austin tech scene, and HomeAway in particular. Sol Marketing has worked with HomeAway several times over the years, starting before the company was even called HomeAway.
Read the whole report here.