Trace Gained $ 47M, Diligent Robotics Got $ 30M, and More Austin Tech News

Photo: Diligent Robotics

There might not have been a “cyber rodeo” this week, but there was a lot of news about Austin tech companies raising money, opening offices and building robots. Catch up on what you may have missed with the Built In Austin weekly refresh.

Iris Telehealth got $ 40M. Iris Telehealth provides mental health services for hospitals and community health services, digitally, in over 30 states. The new funds will allow the company to grow by improving its technology and expanding its team. The company plans to add 200 more clinicians and 50 administrative workers throughout the year. [Built In Austin]

Thoma Bravo will acquire SailPoint. Austin-based SailPoint provides identity security solutions using AI and machine learning. With the acquisition by private equity firm Thoma Bravo, the public company will become private again. The deal is said to be worth about $ 6.9 billion. [Built In Austin]


“Players want to see themselves and parents want to safeguard their children’s best life moments. We let Sarah, and her parents, watch all of her plays in the game without any additional work or effort. You don’t have to record, you don’t have to do any editing, Sarah can sit back after the game and watch from her perspective, moment to moment, memory to memory. ” – Trace CEO David Lokshin

Trace gained $ 47M. Trace captures video footage of young athletes who play softball, baseball and soccer. The Series C funding round will allow Trace to make its technology available to more sports. Trace also plans to hire over 100 positions in the future. [Built In Austin]

Diligent Robotics gained $ 30M. Diligent Robotics creates socially intelligent robots to perform services. Its most notable robot Moxi works as a frontline healthcare worker. The Series B funding raised will allow Diligent to improve the supply chain and help its teams to roll out robots quicker. [PR Newswire]

Wise opened an Austin office. Wise is a London-based fintech that employs about 3,000 people across 18 offices. A Wise account allows users to hold more than 50 currencies and transfer money across borders at at lower exchange rate. The company plans to hire 100 employees in Austin, which means it may soon outgrow its new co-working space at Industrious. [Built In Austin]

Everyware launched Pay By Text. Everyware provides contactless payment and customer engagement solutions for organizations across multiple industries. Its new Pay By Text is meant to eliminate the need for card sharing information and allows customers to only answer “yes” to permit payment. The company is currently looking to hire for 8 roles. [PR Newswire]

M-Files extended its leadership. M-Files is an information management platform making it easier for workers to find the information they need. M-Files announced it appointed Bob Pritchard as the chief revenue officer. The company also added to the board of directors, appointing Nancy Harris and Christophe Duthoit. The appointments come at a time of growth for the company. [M-Files]

SecureLink was acquired by Imprivata. Austin-based SecureLink has been acquired by Lexington, Massachusetts-based Imprivata, a digital identity company working in the healthcare industry. Terms of the deal, which was finalized last week, were not disclosed. SecureLink provides privacy, security and data governance to companies across industries, including healthcare, manufacturing and government. It is also actively hiring for engineers and analysts. [Vista Equity Partners]

Leave a Comment