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Photo: rev.com
Austin technology companies have a variety of initiatives along the way. Find out what these Austin tech startups with ample funding and extensive growth plans are planning with last week’s developments. This is the weekly update from Built In Austin.
Rev.com hires 130 people. The positions include departments such as engineering, sales, product and marketing. The company also plans to expand the size of its Austin office in Hartland Plaza to 14,478 square feet. Rev.com offers a voice-to-text service that can transcribe video and audio files using AI and human intelligence. [Built In Austin]
Homeward collected $ 371 million. To help home buyers keep up with the trend of getting cash offers for a new home, finance firm Homeward has launched a massive new round of funding to invest in its platform. It plans to scale up and expand into additional markets. Homeward is currently available in Texas, Colorado, and Georgia. It also hires across teams, including engineering, finance, product, and marketing. [Built In Austin]
Austin Tech Quote of the Week
“It’s no secret that people are reluctant to travel again, and we predict that travel behavior will increase over the course of the summer, and much of the outdoor travel we saw last summer will continue this summer. People continue to avoid big cities and crowds, and many people are discovering a new connection with nature. – Sarah Crockett, CMO, Backcountry
Outdoorsy teams up with the backcountry. Austin-based Outdoorsy rents RVs and campers, while Backcountry sells outdoor gear. With their new partnership, the companies want to offer their customers a central place to shop for all of their upcoming summer activities. Outdoorsy is also currently hiring a variety of positions including some in engineering. [Built In Austin]
SparkCognition has opened the first building on its new campus. Located on the company’s new HyperWerx campus, the AI company’s new facility will be used to test and demonstrate the potential of AI-integrated physical systems. The building will host innovations from integrating air and land systems to developing unmanned robotic platforms. [Built In Austin]
Revival Healthcare Capital received $ 500 million. With its new fund, the VC company is planning a strategic investment in a company with high potential, where one of its partners has the opportunity to acquire the company in the future. With the aim of building collaborative partnerships, Revival focuses on the medical device and diagnostic health care sectors. [Business Wire]
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