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5 stories

Ontic raises $230M Series C as KKR bets on Austin's connected-security platform
FundingMara Whitfield · Mar 12

Ontic raises $230M Series C as KKR bets on Austin's connected-security platform

The protective-intelligence company plans to fold AI and automation into its software as corporate physical-security budgets grow.

Saronic raises $600 million Series C at $4 billion valuation for autonomous warships
FundingMara Whitfield · Feb 4

Saronic raises $600 million Series C at $4 billion valuation for autonomous warships

The Austin defense-tech company's round, led by Elad Gil, quadrupled its valuation as it builds an autonomous shipyard called Port Alpha.

FundingMara Whitfield · Feb 2

CesiumAstro closes $470 million to scale satellite communications and a new Austin HQ

The space-comms company combined a $270 million equity Series C led by Trousdale Ventures with $200 million in financing from EXIM and J.P. Morgan.

NinjaOne hits $5 billion valuation with $500 million in Series C extensions
FundingMara Whitfield · Jan 6

NinjaOne hits $5 billion valuation with $500 million in Series C extensions

The founder-controlled Austin IT-management company raised funding led by ICONIQ Growth and CapitalG to fund autonomous endpoint features and an acquisition.

FundingMara Whitfield · Oct 8

Base Power closes $1 billion Series C, plans downtown Austin battery factory

The Austin home-battery company raised one of the largest private rounds in city history and is building its first factory on the old Austin American-Statesman printing site.

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