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Oracle Closed Cerner Deal, LibLab Raised $42M, and More Austin Tech News

Photo: Oracle

News of Austin Technology was abuzz last week, with big funding rounds, a massive Oracle acquisition and several young companies emerging from Stealth. Find out all the technology news you’ve missed with the built-in Austin Weekly Refresh.

LibLab has collected 42M. The Austin-based company provides software development kits (SDKs) for engineering teams, calling itself an SDK-as-a-Service platform. A series A increase would allow LibLab to expand its core SDK code generator services The service is currently in beta testing [PR Newswire]

Zello $ 20M protected. Zello is an app that transforms smartphones into walkie-talkies with its intuitive push-to-talk technology. The app has become popular among first-line workers in the retail, transportation, construction and hospitality industries. Previously bootstrapped, the company will use its first round of funding to improve its products and expand its 65-person team. [Built In Austin]

Oracle has stopped acquiring Sarner. The $ 28 billion acquisition, which was first announced in December, closed on June 8. Cerner Oracle will be organized as a dedicated industrial business unit. Oracle says it plans to make Cerner’s initial interface a hands-free, voice digital assistant. Oracle plans to move Cerner to Oracle’s Gen2 cloud infrastructure. [TechCrunch]

Austin Technology Quotes of the Week

“When we talk about retail churning, a lot of these workers are leaving retail because they haven’t found the flexibility that works for them. Payment works, but it’s not a driving factor. “- Mike Myers, co-founder and CEO of Reflex

Reflex Future 5 appeared in the series. Austin Startup has created a platform that allows retail store managers to post open shifts that can be picked by Flex employees who don’t want to be tied down by a specific schedule. Reflex recently emerged from Stealth with 4.5 million, which it will use to expand its team and enter new markets. [Built In Austin]

443ID $ 8M won. Identity Security Startup 443ID emerged from Stealth last week with the goal of launching Open Source Intelligence, or OSINT, into the identity security marketplace. The new Seed Fund will allow 443ID to increase its core number from five to 25 employees. [Built In Austin]

Hypori has gained industry recognition. The company’s Hypori Halo product has been named the most innovative mobile device solution at the 10th Annual Global Infosec Awards at the RSA Conference 2022. The product empowers companies to use your own-device programs, including the ability to stream any one personal virtual workspace. The device protects customer data within their enterprise by preventing data at rest or in transit outside the enterprise. [Business Wire]

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