Archive for April, 2019

Calise Partners Acquires Dallas Digital Shop Imaginuity

Posted by admin

Calise Partners, a Dallas-based integrated agency announced that it has acquired the Dallas digital shop Imaginuity. The deal will create one of the largest independent marketing services providers in the Southwest. The company will do business under the Imaginuity brand.…

Novo Labs Receives $2M In Seed Funding Round

Posted by admin

Novo Labs, the Dallas-based provider of conversational artificial intelligence services for large restaurant chains, said that it has received $2 million in seed funding, led by Austin-based Silverton Partners. Founded in 2017 by Clinton Coleman and Jeff Loukas, Novo Labs …

Modern Systems Sells To Vista Equity Partners

Posted by admin

A Dallas tech company is selling to a large U.K. firm with private equity backing. Modern Systems, which provides clients with application modernization, has entered into an agreement to be acquired by Advanced, according to a statement this week. Terms …

Stryve Biltong Closes $16.5M Series B Funding

Posted by admin

Plano-based Stryve Biltong has received $16.5 million in a series B fund round that the company said will be used for education, awareness, trial among consumers, investment in talent, and operations. The round was led by Meaningful Partners, Pendyne Capital, …

Dallas AI Startup Edgetensor Technologies Gets VC Funding

Posted by admin

Dallas-based artificial intelligence startup Edgetensor Technologies has received an undisclosed amount from early-stage venture capital firm SRI Capital. Edgetensor produces software development kits (Face SDK) for cameras, including ones in smartphones with facial-tracking capabilities.
dallasinnovates.com/follow-money-vc-backs-edgetensor-stryve-biltong-gets-16-5m-neiman-marcus-invests-fashionpile/

Elite Electronics Acquired By Chicago Company

Posted by admin

Richardson-based Elite Electronics, which specializes in automotive diagnostic and repair services, has been acquired by LKQ Corp. The acquisition puts Chicago-based LKQ into the vehicle services market by melding its parts and distribution business with Elite’s services.
dallasinnovates.com/follow-money-vc-backs-edgetensor-stryve-biltong-gets-16-5m-neiman-marcus-invests-fashionpile/

Qorvo Buys Richardson-Based Active-Semi International

Posted by admin

Richardson-based Active-Semi International Inc. is being acquired by North Carolina-base Qorvo, a maker and supplier of semiconductors. No details of the deal were released. Active-Semi designs, develops, makes, and sells digital and programmable power management and digital motor drive integrated …

Securadyne Systems Bought By California Firm

Posted by admin

California security firm Allied Universal is buying Dallas-based Securadyne Systems and will establish a security technology headquarters in North Texas, according to a report in The Dallas Morning News. The acquisition of Securadyne will create the nation’s fourth-largest security services …

Dallas-Based Meteora Raises Round From Aristos Ventures

Posted by admin

In the first quarter, Aristos Ventures invested in three companies. Two of those-Edgetensor and Meteora-are Dallas-based. The other, Houston-based Nesh, is a “smart assistant” for oil and gas. Felipe Mendoza, managing director of Dallas-based Aristos Ventures, said overall the funding …

EdgeTensor Raises Seed Funding From Dallas Venture Firm

Posted by admin

In the first quarter, Aristos Ventures invested in three companies. Two of those-Edgetensor and Meteora-are Dallas-based. Felipe Mendoza, managing director of Dallas-based Aristos Ventures, said overall the funding potential for companies raising venture capital in the Dallas area looked “good” …