Silicon Valley-based TripActions expands with Austin office
TripActions, a fast-growing Silicon Valley business travel platform, has landed in Austin to tap into the region's tech talent pool. The company, based in Palo Alto, Calif., has opened an office in downtown Austin at 600 Congress Ave. with a 25-person team. It says it plans to double its local headcount by the end of the year. The Austin office follows TripActions' recent $155 million funding deal, which was led by Andreessen Horowitz. The investment increased the company's valuation to $5 billion. TripActions currently has a 63-person office in Dallas and another 40 remote Texas-based emp...