Expansion on tap after RigUp raises whopping $300M

RigUp Inc. has quietly built one of the fastest-growing and best-funded startups in Austin. And on Oct. 10 it announced a $300 million funding round — a move that puts the company in a relatively exclusive club of tech unicorns that are valued at over a billion dollars.

The new series D round of funding was led by Andreessen Horowitz LLC — also referred to as a16z — a Silicon Valley venture capital firm that helped make Facebook, Lyft and Pinterest the giants they are today. Andreessen Horowitz…


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