Archive for March, 2020

Trend Micro Spin-Out Cysiv Raises $26M In Series A Round

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Cysiv, an Irving-based enterprise Security Operations Center-as-a-Service company originally incubated within Trend Micro, announced it has closed a $26 million Series A funding round, which will be used to scale business operations and fuel further platform enhancements. The startup’s service …

Flight Booking App FlyLine Reports $500K In Pre-Seed Funds

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Dallas-based travel app FlyLine has raised $500,000 in pre-seed funding, the company reported earlier this year. Founded in January by CEO Adam Ward and CTO Zachary Burau, Flyline is a subscription flight booking engine that works to save members up …

Greenway Technologies Reports $118K In Equity Funding

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Arlington-based Greenway Technologies Inc. reported in a U.S. Securities and Exchange Commission filing that it raised $118,000 in equity funding. Greenway is researching and developing proprietary gas-to-liquids syngas conversion systems and micro-plants, which can be scaled to meet specific gas …

Audax Private Equity Acquires Dallas-Based Kofile Inc.

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Dallas-based Kofile Inc., the largest provider of information management and access systems solutions for U.S. government agencies, has been acquired by Audax Private Equity. Founded in 2009, Kofile provides restoration, preservation, and digitization services for critical government records, along with …

Rideshare Startup Alto Raises $6M In Second Funding Round

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Dallas-based rideshare Alto announced that it has raised a second funding round of $6 million, raising its funding so far to $20.5 million. The money will be used to expand in Dallas and enter two new markets, Alto said. Existing …

Tricolor Receives $10M In Preferred Equity Funding

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Tricolor, a Dallas-based community development financial institution, announced that it has received $30 million in preferred equity funding from an unnamed global institutional investor. Along with its affiliate Ganas Auto Group, Tricolor said it has disbursed nearly $1 billion in …

Worlds Raises $10M In Series A Funding For AI-Based Models

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Out of stealth, Worlds announced that it has raised $10 million in series A funding that it will use to power a vision of building AI-models that gives businesses a new way to view their physical world. A spinout of …

Shiftsmart Raises $16.3M In Equity Funding

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Shiftsmart Inc., a Dallas-based marketplace for part-time work, has reported in a filing with the U.S. Securities and Exchange Commission that it raised more than $16.3 million in equity funding of a $16.5 million offering. Founded in 2015, Shiftsmart connects …

Nepris Raises $5 Million Series A, Led by K12, Inc. to Expand Real-World Learning and Career Pathways for Students in K-12 and Higher Education

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Nepris has closed a $5 million investment round led by K12, Inc., one of the nation’s preeminent education technology companies and a premier provider of career readiness education services. Nepris is a school-to-industry platform that has connected over 70,000 educators …

AI-Powered Energy Broker EnergyBot Raises Series B

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Dallas-based energy broker EnergyBot announced a new round of series B funding. The amount of the round was undisclosed, and the company reported it was led by a group of strategic investors in the energy industry.
dallasinnovates.com/ai-powered-energy-broker-energybot-raises-series-b/