TeleStax raises $2.4 million
TeleStax, an Austin company that develops open-source communications platforms, recently raised $2.4 million from four undisclosed investors. The company did not issue a statement. In September, Frost & Sullivan recognized Telestax with the 2018 North American Enabling Technology Leadership Award for its cloud-based, white-label Restcomm platform.
Local scooter company GOAT gets acquired
GOAT, the Austin-based scooter company that launched last May announced this week that it has been acquired by Seamount Consulting for an undisclosed amount. GOAT will continue to operate under the same name. Seamount Consulting has existing partnerships with ride-sharing scooter manufacturers in China and will begin selling GOAT scooters this month with U.S. and E.U. subsidiary companies that provide cloud-based local management platforms. [Press Release]