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WP Engine passes $100M in revenue and secures $250M investment from Silver Lake

A Smart Bear: Startups and Marketing for Geeks

This week we closed $250M in financing from Silver Lake , the premier technology private equity firm. Every day, 5% of the entire online world visits a customer running on the WP Engine Digital Experience Platform. The majority of the funds pay back our early investors who believed in us enough to trust us with their money.

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Texas Startup Manifesto 2.0

Austin Startup

Austin, Dallas, Houston, San Antonio form a massive startup Megalopolis that is attracting top talent, impact-focused investors, and the most innovative companies in the world. Or are they running to a fresh perspective, a massive talent pool, and an innovation culture that balances social impact with global domination?

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A review of the first eleven Techstars Unicorns

David Cohen

Twilio became a popular perk for Techstars companies globally over the years and many other Techstars portfolio companies use the product extensively. They went on to raise capital from Founder Co-op, Vulcan Capital, Trilogy Equity Partners, DFJ, and Top Tier Capital Partners, among others. 4: Zipline (2011). 11: DataRobot (2013).

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MassChallenge Texas Launches with Plans to Work With up to 100 Startups

SiliconHills

MassChallenge, a global network of network of startup accelerators, announced Wednesday plans to launch its new program in the Austin and San Antonio region. The Austin-based nonprofit accelerator will work with up to 100 startups that will compete for up to $500,000 in equity-free cash awards.

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Apollo Global Acquires Rackspace for $4.3 Billion

SiliconHills

Apollo Global Management Friday announced plans to acquire San Antonio-based Rackspace for $4.3 As part of the deal, funds managed by Searchlight Capital Partners will make a strategic equity investment in Rackspace. The […] The post Apollo Global Acquires Rackspace for $4.3

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Rackspace Reportedly Close to a $3.5 Billion Buyout

SiliconHills

Rackspace Hosting, the managed hosting and cloud computing company based in San Antonio, is reportedly close to closing a $3.5 billion deal with Apollo Global, a private equity firm, to take Rackspace private, according to reports in the Wall Street Journal, Fortune and numerous other publications.

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27 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

My PR journey started with an amazing position with the renowned Jason Dady restaurant group in San Antonio, Texas. We do home equity funds without interest or monthly payments in exchange for sharing in the future upside/downside of home values. I needed a way to make money and be with my children. Image Credit: Ray Higdon.