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Cloudsnap Hires Former Rackspace Executive as CEO, Lands $1.8M from Active Capital to Fund Growth
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Cloudsnap Hires Former Rackspace Executive as CEO, Lands $1.8M from Active Capital to Fund Growth

Cloudsnap, a fast-growing Austin-based software company, announced Thursday a $1.8 million funding round led by San Antonio venture firm Active Capital and Houston-based Mercury Fund as well as the hiring of former Rackspace executive Matt Bradley as its new chief executive officer (CEO). Both moves help position the software as a service (SaaS) startup for more aggressive growth. Cloudsnap offers mid-sized companies a cloud-computing Platform as a Service (PaaS) system that automates the secure transfer of data between third-party software applications and a company's enterprise resource planning or ERP business process management software. Companies use ERP software to manage and integrate their financial data, supply chain, operations, reporting, manufacturing, and human resource act...
Port San Antonio Board Approves Phase 1 Plans for New Innovation Center
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Port San Antonio Board Approves Phase 1 Plans for New Innovation Center

Port San Antonio announced it would begin development of its proposed innovation center after board members approved plans in a meeting on Wednesday, according to Port officials. The board resolution authorizes the Port to spend up to $1 million on architectural and engineering design development costs for Phase 1 of the new facility. Completion of the design package for the project, complete with conceptual renderings, is expected in spring 2020. The approved center will include a technology arena, museum, collaborative technology transfer lab, an industry showroom, and community spaces and amenities. The new center is designed to accelerate innovation development already in progress at the Port and across San Antonio, Port president and CEO Jim Perschbach said during the annual Por...
Shift in Port San Antonio Strategic Approach Yields Close to 3,000 New Jobs
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Shift in Port San Antonio Strategic Approach Yields Close to 3,000 New Jobs

Port San Antonio's new strategic course launched 18 months ago has paid off with close to 3,000 new jobs in cybersecurity, aerospace, and other advanced technologies, Port president and CEO Jim Perschbach said in Friday's State of the Port address. Organized by the West San Antonio Chamber of Commerce, the annual year in review emphasized how bold decisions have paid off so far in economic development and new opportunities for innovation at the Port. Of the 2,757 jobs created since the start of fiscal year 2018 to date, only 50 were a result of economic incentives offered by the San Antonio Economic Development Foundation, Pershbach said.  The Port is home to significant cybersecurity operations, including 1,000 personnel employed by the 16th Air Force (Air Forces Cyber) headquarters...
UT Health San Antonio TechNovum Accelerator for Researchers Graduates 8 New Companies
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UT Health San Antonio TechNovum Accelerator for Researchers Graduates 8 New Companies

A new accelerator program designed for aspiring life science entrepreneurs has helped in the formation of eight new biomedical startups. Earlier this year, UT Health San Antonio launched TechNovum, a new technology commercialization accelerator for faculty researchers interested in developing their inventions for the market. John Fritz and Sean Thompson of the Office of Technology Commercialization at UT Health are co-directors and mentors for the new program. The first cohort graduated two therapeutics companies, spurred the development of four new medical devices, and included two digital health startups. The companies are: Atomic Therapeutics, developing novel anticancer therapeutics for leukemia Protectum Oncology, introducing low-dose arsenic for reducing cancer therapy ...
Reckon Point Robotics Startup Raises $1.5M in Seed Funding
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Reckon Point Robotics Startup Raises $1.5M in Seed Funding

San Antonio indoor navigation robotics startup Reckon Point announced Friday the close of its $1.5 million seed funding round.  Notes We Buy, LLC, headed by George Atallah, an entrepreneur with over 30 years of experience as a real estate investor, developer and asset manager in the Texas and California markets, led the round with $1.2 million.   Reckon Point also received funding from Khaled Saffouri, angel investor and president of the San Antonio-based digital marketing company Digiboost, to bring the total amount invested to $1.5 million. Located at Port San Antonio, Reckon Point specializes in indoor GPS mapping and navigation services. San Antonio native, chief executive, and founder Gabe Garza launched Reckon Point in 2015 after he engineered robots for indoor navigation using th...
Plus One Robotics Expands to New 10,500-Square-Foot Facility at Port San Antonio
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Plus One Robotics Expands to New 10,500-Square-Foot Facility at Port San Antonio

Despite the gloomy weather, onlookers eagerly lined up to tour the new Plus One Robotics facility at Port San Antonio Tuesday. Co-founders Shaun Edwards, Paul Hvass, and Erik Nieves have combined several advanced technologies in order to automate warehouse operations for e-commerce companies. The robotics startup developed innovative software that trains three-dimensional camera-equipped robots using machine learning to teach them how to see and pick up items on an assembly line. The advanced vision capabilities and high-performance manipulators are parts of the company's PickOne system, an automated, mixed parcel sorting and picking (or singulation) system. The company also offers Yonder, a remote robot management service for enterprises, and CheckOne, an automated quality assurance...
Data Privacy Startup Rectify Wins $50K Prize at Tech Fuel Pitch Competition
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Data Privacy Startup Rectify Wins $50K Prize at Tech Fuel Pitch Competition

Data protection and privacy company Rectify won the top prize of $50,000 Tuesday evening at TechFuel. The pitch competition is San Antonio's largest, equity-free, three-tiered $100,000 cash-prize pitch competition open to early-stage tech startups.   Launched by  Tech Bloc, a San Antonio technology industry advocacy nonprofit, the competition is designed to help emerging tech entrepreneurs launch innovative companies and is funded by Bexar County’s Innovation Fund. During the event, a panel of five judges with venture funding expertise questioned, then selected the $50,000 grand prize winner. The remaining prize money was awarded based on votes from the audience in reaction to the pitches. Rectify was one of five San Antonio-based finalists out of 57 startups that applied to the pitc...
RealCo Adds HackNotice and BetterYou Companies to Its Accelerator Program
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RealCo Adds HackNotice and BetterYou Companies to Its Accelerator Program

The San Antonio-based RealCo long-term accelerator program announced the addition of two new companies to its portfolio — BetterYou and HackNotice. BetterYou is based in St. Paul, MN, while HackNotice is located in Austin, TX. Founder of HackNotice Steve Thomas has over ten years of security experience. Previously, Thomas launched PwnedList in 2011, the first enterprise credential service, which was acquired in 2013. Thomas learned much from his first startup and is now on a “bigger and better cybersecurity mission with HackNotice,” he told Startups San Antonio. The company provides threat intelligence, specializing in data breaches as well as leaked credentials and identities. HackNotice’s real-time notifications help businesses stay one step ahead of potential security ri...
What Does San Antonio’s Startup Ecosystem Need?
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What Does San Antonio’s Startup Ecosystem Need?

Many people are betting on San Antonio’s future as a city known for its innovation. Momentum is building across the Alamo City’s major technology, cybersecurity, and bioscience sectors as more entrepreneurially minded inventors and scientists launch new companies. Venture capitalists (VCs) are also looking in San Antonio for promising startups. Investors often diversify their portfolios as a cushion against market volatility. That makes San Antonio a good place to invest—we stand out as a city with unique, diverse capabilities. A big part of a VC’s due diligence is asking founders hard questions. Is an early-stage company working on a significant problem with a sizable market that can be scaled into a solid solution? Getting to the point where a founder can satisfactorily answe...
CyberWraith Video Game New Way to Close Cybersecurity Workforce Gap
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CyberWraith Video Game New Way to Close Cybersecurity Workforce Gap

The cybersecurity labor crunch is projected to hit 3.5 million unfilled jobs by 2021. Yet, possessing certifications is not enough for those on the front lines of cybersecurity. Contributing to the workforce gap is the challenge in identifying the skills and experience candidates need for these jobs. One San Antonio entrepreneur is looking to solve this problem by proposing a new, immersive video game called CyberWraith as the solution. U.S. Air Force veteran Nigel LeBlanc launched the Cyber Warrior Network (CWN) in 2015 after he realized transitioning military members needed help connecting with civilian employers looking for cyber experts. He saw the need to upend the cybersecurity applicant tracking system, which he called a “glorified keyword match between the job listing and can...