Archive for November, 2020

Colorcast has raised $15K in debt and equity financing.

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Per a filing with the SEC, Colorcast has raised $15K in debt and equity financing. The Dallas tech startup aims to revolutionize live sports: It allows athletes, influencers, and fans to share their ‘hot takes’ via real-time audio commentary during …

2020 Big Idea Competition Winners Announced, X-Nerve Takes Home the $100K Prize

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This year, the University of Texas at Dallas joined the Texas Startups Roadshow for the Big Idea Competition (BIC), an annual event that draws over 1,000 attendees each year with more than $200,000 given to the competition’s winners through prize …

ECI Software Solutions to Be Acquired by Leonard Green & Partners; Funds Advised by Apax Partners to Retain Minority Stake

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ECI Software Solutions (“ECI”), a leader in cloud-based business management software solutions for small and medium sized companies, today announced that Leonard Green & Partners (“LGP”) will acquire a majority stake in the company from funds advised by Apax Partners …

Dallas based Forgenow raises $1.3m of a $2m equity round

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Dallas based Forgenow raises $1.3m of a $2m equity round. Forgenow is a training provider for skilled employees in the workforce.
www.intelligence360.news/dallas-texas-based-forgenow-is-raising-2000000-00-in-new-equity-investment/

The Perfect (Out)Fit: Dallas Fashion Tech Startup Rent My Wardrobe Exits to Peer-to-Peer Rental Platform Wardrobe

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Dallas-based tech fashion startup Rent My Wardrobe (RMW), an app for ‘borrowing’ and wearing stylish clothes from local closets, has exited to New York-based Wardrobe, one of the fastest-growing peer-to-peer rental platforms in the industry. Though the two boast similar …

The Perfect (Out)Fit: Dallas Fashion Tech Startup Rent My Wardrobe Exits to Peer-to-Peer Rental Platform Wardrobe

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Dallas-based tech fashion startup Rent My Wardrobe (RMW), an app for ‘borrowing’ and wearing stylish clothes from local closets, has exited to New York-based Wardrobe, one of the fastest-growing peer-to-peer rental platforms in the industry. Though the two boast similar …

Covered Care Secures $100 Million Financing from Affiliates of Fortress Investment Group

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-Covered Care, a division of Covered, announced today it has secured a $100 million financing line from funds and accounts managed by Fortress Investment Group LLC, a leading, highly-diversified global investment manager.
www.businesswire.com/news/home/20201111005012/en/Covered-Care-Secures-100-Million-Financing-from-Affiliates-of-Fortress-Investment-Group

Cellwize Closes $32M Series B Round To Bring in the Age of 5G

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Cellwize Wireless Technologies, a provider of mobile network automation and orchestration, has closed on a $32 million Series B round to boost its next wave of expansion efforts. Cellwize aims to enable the “networks of the future today” by helping …

Refinitiv to add fraud prevention capability with acquisition of GIACT

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Allen-based Giact announced the company will be acquired by Refinitiv to add to the global fintech firm’s fraud prevention capability. Founded in 2004 by CEO Melissa Townsley-Solis and CTO Merlin Bise, Giact Systems helps businesses detect and prevent fraud. The …