Austin tech companies made several new announcements last week. Catch up on Atmosphere’s $65 million raise and learn which companies are hiring local talent. This is the Built In Austin Weekly Refresh.
Atmosphere raised $65M. Atmosphere is a streaming platform for bars, restaurants, gyms and other businesses. Last week the company closed a $65 million Series D round and became a tech unicorn with a valuation of $1 billion. Atmosphere is currently hiring and has several job listings on Built In. [Built In Austin]
M-Files acquired Ment. Austin-based M-Files is a document management platform that enables clients to process documents efficiently. It recently acquired Finland-based Ment, a no-code platform that creates documents with automation capabilities. M-Files is currently hiring and has open roles in finance and sales. [Business Wire]
Austin Tech Quote of the Week
“The live music industry is a $200 billion global industry that hasn’t been innovated in the last few decades. Ticketing experiences have been very transactional. What I felt was missing and needed was a membership community in the live event space that allows people to feel a part of the experience.” — Ed Vincent, founder and CEO of festivalPass
FestivalPass was featured in the Built In Future 5 series. FestivalPass is a live event ticket platform where customers can sign up for monthly and yearly memberships to purchase tickets without checkout fees. The company’s founder Ed Vincent previously worked closely with MoviePass. FestivalPass also implements Web3 technology onto its ticketing platform and sells lifetime NFT passes. [Built In Austin]
Choose Ketamine got seed funding. Choose Ketamine is a telehealth platform that treats people with severe psychological conditions using ketamine, a psychedelic drug. With the fresh funding raised last week, the company looks to expand nationwide. [Built In Austin]
Overhaul acquired SensiGuard. Overhaul is a supply chain software company that provides visibility, risk, compliance and insurance solutions for brands. The Austin-based company acquired SensiGuard and expanded its global presence by establishing offices in Brazil, Mexico and the Czech Republic. Alongside its rapid growth, Overhaul currently has several open positions listed on Built In across marketing, finance, software and operations. [Overhaul]