Congratulations to local Austin Software company Zilliant, which just raised $13M in a Series G financing round.  Zilliant was founded in 1999 by a group of people that includes a few former colleagues.  And I still have some friends working there. Thanks to Austin Startup for breaking the story (for me at least).

Zilliant’s software helps companies optimize their pricing.  If there is a process for pricing – and I’m confident there is – it is folks like Zilliant and Mimiran that will figure it out in specialized software. At the very least, they’ll figure out the hard part (optimum price).  It looks like the surrounding process of signaling, proposing, refining, approving, and rolling out pricing changes is also being targeted by these packages.  You might call it BPM for Pricing…

Austin’s economy has already been demonstrating a fair amount of resiliency in the last couple of years.  This week there’s been a flurry of good news for startups and entrepreneurs here.

First there’s the article from Bijoy Goswami in the Austin Business Journal, “Time has come for Austin’s entrepreneurs to make a scene.”  The ABJ has become primary source of business news for Austin business owners.  The article announces the launch of a news portal for Austin Entrepreneurs – www.abjentrepreneur.com.

Two of the first three articles:

Dachis buys third firm in 3 weeks

and

SolarBridge collects $15M in VC

Not sure how much overlap there will be with the kind of coverage we see on Austin Startup, which also focuses on entrepreneurs and startups in Austin, but it more of a blogging format.

Congratulations to Bryan Menell for landing an interview with Fast Company about Austin’s startup ecosystem, as well as the background contributors to Austin being a great place to start a company.

I’ll boil it down to what I think matters most:

1. Great quality of life.
2. Abundant educated workforce
3. Abundant housing
4. Access to funding
5. Great ecosystem to support entrepreneurs (especially first-timers) and startups

Great quality of life is in the eye of the beholder- some like Austin for the weather (and some hate it), some like Austin for the music (and some hate the noise), some like it because it is “Weird” (and some hate the weirdness), some like the abundant water recreation (and some people prefer dry land).  Some people even like UT sports events!  (And some really really don’t)  Almost everyone likes the food in Austin.

The point is, there’s something for everyone, and usually more than one something. I think the quality of life in Austin retains people who otherwise might move: when they get laid off, when they pursue another job opportunity, etc.  In fact many people return to Austin after flirting with the Bay Area or Boston.

Bryan’s list of startups only scratched the surface.  What I find interesting about Austin is the diversity of businesses that have been started: furniture,  groceries, consumer websites, enterprise software, chips, food and beverage firms, ad firms, music venues, ticket sales, music promoters, manufacturing, biotech, batteries, green building.  And I’m still just scratching the surface still.  I think you get this diversity in Austin because of the background support for entrepreneurship, and the willingness of the workforce in Austin to bet on startups and work in them. Well that, and because you can work at a startup and then play with your band at the Saxon Pub.

The news this morning in Austin (besides the chill wind blowing here today) is that BMC just bought local startup Phurnace.  Additional coverage from Austin Startup and Redmonk.    There are a few friends and former colleagues over there, and I wish them well at the new firm!  There have been a flurry of IPOs and (mostly) acquisitions in Austin lately, which will hopefully presage a new round of interesting startups growing up in our town.

I recently wrote a guest article for Austin Startup that just went live today here, about Conformity, a startup in Austin attempting to solve a core process problem for enterprises using SaaS and Cloud applications – how to manage, govern, and provision these applications in an enterprise that cares to protect itself.  Its a clear need in the market and another demonstration of the confluence of enterprise and Web 2.0 innovations.  If Conformity is successful it should help make SaaS applications (even BPM SaaS applications) more palatable to the Enterprise market.  Thanks to Bryan Mennel for the opportunity to contribute to the discussion.