Big updates from our 50 startups to watch — and we're only halfway through the year
Summary
Other investors included Austin Ventures and Facebook co-founder Eduardo Saverin, both of whom participated in previous rounds. Audi North America President Scott Keogh joined Silvercar’s board of directors as it partnered with the German automaker to develop a fleet solution for companies who wish to provide accessible transportation to employees on corporate campuses. In February, the Austin-based student loan benefits provider raised $3 million in seed funding to continue its growth and to roll out new products. In February, WigWag announced $3.175 million in a seed round led by CSC Venture Capital, the Palo Alto, Calif.-based American arm of a Chinese private investment firm. The three-year-old Austin startup produces open-source software and hardware to standardize the protocols connecting the category of home and lifestyle consumer electronic devices known as the Internet of Things.
