More venture capital on horizon: LiveOak reportedly plans $110M fund

Another sizable pool of investment capital could soon be available to Austin entrepreneurs: LiveOak Venture Partners reportedly plans a new $110 million fund.
The fund, LiveOak Venture Partners II LP, was disclosed in a Monday securities filing. None of the money has been secured yet, according to the filing.
The three partners behind the venture capital firm — Venu Shamapant, Krishna Srinivasan and Ben Scott — are among the most active investors in Austin’s startup scene, according to Austin…

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Crane Watch update: Major Austin projects break ground in suburbs

Construction on nearly 1 million square feet of office and industrial space is now underway in Pflugerville and Round Rock, highlighting immense development activity in the suburbs north of Austin.
That activity that began within the past month — and more — can be found in Austin Business Journal’s Crane Watch map. Go here to check out the map and bookmark this page to stay up to date on commercial real estate construction across the region.
Crane Watch shows office, mixed-use, residential,…

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Why the decline in mobile banking apps could be a good thing for Austin fintech companies

In the span of five years, mobile banking has gone from novelty to necessity for the majority of financial institutions. New day show there are fewer banking apps being released nowadays — but that may be a good thing for local developers of financial services software.

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With HomeAway growing like crazy, Expedia closes in on Airbnb for market share

Airbnb Inc. ranks No. 1 in the home-sharing market, but travel booking giants Priceline Group Inc. and Expedia Inc. are catching up — the latter boosted by rapid growth at Austin-based HomeAway Inc.
Airbnb, based in San Francisco, has a roughly 15 percent share of the global home-sharing market, compared with 12 percent for Expedia (Nasdaq: EXPE) and 9 percent for Priceline (Nasdaq: PCLN), according to research by the Susquehanna International Group.
But both travel sites are boosting their home…

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Chameleon Cold-Brew adds whole bean coffee to boost its java credentials

Since its founding in 2010, Chameleon Cold-Brew has built its business around producing cold-brew coffee. Now it’s taking a bold step toward being known simply as a coffee producer by introducing a new product line. CEO Chris Campbell and the company’s director of coffee offer their thoughts on why they made the leap.

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Austin AI startup thinks it can predict the next bestseller — with backing from Chicago print media giant

An Austin artificial intelligence company says it has an algorithm that can pinpoint the next bestseller. Now it’s partnering with an industry giant to get that technology into the hands of publishers across the nation. In an exclusive interview with ABJ, a company co-founder explains how the deal came together.

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Austin pizza purveyors open east-side neighborhood bar, food truck with Midwest vibe

In addition to being restaurateurs, brothers Brandon Hunt and Zane Hunt have new titles as they expand their budding food-and-drinks business holdings: bar owners.
They have opened the Nickel City neighborhood bar at 1133 East 11th St., the former space of Longbranch Inn, Eater Austin reports.
That’s in addition to the two brick-and-mortar locations and two food trailers of their popular Detroit-style pizza eatery Via 313.
Longbranch Inn had operated on the site since 1935 until it closed last…

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Slew of high-profile restaurants head to Austin airport

The expansion of Austin-Bergstrom International Airport is seen by many in the business community as one of the primary ways to unlock the region’s future economic development.
It is also opening up some some big opportunities for Austin’s leading culinary brands.
Construction is expected to begin later this year on new food courts in the concourse. Some of the high-profile tenants were first reported last week by Eater Austin but an ABIA spokesman contacted by ABJ added more to the list:
Hut’s…

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Bullock Museum gets new director with Texas roots, nationwide experience

The Bullock Texas State History Museum has a new director in Catherine Taylor.
Taylor was appointed Saturday by the Texas State Preservation Board, which oversees the downtown Austin museum. She replaces interim director Margaret Koch and former director Victoria Ramirez, who left the museum in December to become director of the El Paso Museum of Art.
"Catherine is going to be a great addition to the Bullock Museum," State Preservation Board Executive Director Rod Welsh said in a statement. "We…

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Developers sell mixed-use center, new downtown tower planned amid latest deals from prominent players

A wide variety of retail, office and industrial deals have closed under the radar in the past few weeks and ABJ has the details — hundreds of millions of dollars worthy of property and more than 1.5 million square feet changed hands in all, with many properties being acquired by outside investors.

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