Virtuix offers a specialized treadmill that allows players to walk, run and jump when playing VR games or engaging in other virtual reality experiences.
Workrise, one of Austin s most heavily funded tech companies, has raised $300 million to accelerate its push beyond the oil and gas industry.
Founded in 2014, Workrise was launched as an online platform that connects oil and gas companies and service companies. Clients use the platform for recruiting and onboarding employees, ongoing worker management, training invoicing and payments.
Skilled laborers can use the platform to find work, while companies can use it to find trained workers.
Over the past two years, Workrise has expanded its reach to include wind, solar, construction, and defense industries. Its platform now matches workers with more than 500 companies in its network.
2021 jobs announcements in Austin area at fever pitch - Austin Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
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The Daily Dash is a quick look at what s happening in the freight ecosystem. In today s edition, we highlight the end of an injunction in California that had kept an independent contractor law from applying to trucking, as well as a funding round for Arrive Logistics and more.
The High Five
1.
An injunction that stopped the California trucking industry from coming under AB5, the state s law governing the use of independent contractors, has been overturned.
2.
Austin, Texas-based freight brokerage Arrive Logistics announced that ATL Partners, a New York City-based private equity firm focused on aerospace, transportation and logistics, led a funding round of more than $300 million to become Arrive s largest minority owner.