Archive for December, 2020

Richardson-Based RealPage Is Acquired by Thoma Bravo in $10B Deal

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The real estate software and data analytics provider expects to continue operating under Chairman and CEO Steve Winn and his existing leadership team in Richardson. Winn founded the company, which now serves some 12,200 clients worldwide, in 1998.
dallasinnovates.com/richardson-based-realpage-is-acquired-by-thoma-bravo-in-10b-deal/

Blackstone Announces Significant Minority Investment in ISN, Valuing the Company at Over $2 Billion

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Blackstone announced today that funds managed by Blackstone (“Blackstone”) have made a significant minority investment in ISN, the global leader in third-party contractor and supplier management software, at a valuation of over $2 billion. The investment is led by Blackstone …

Dallas-Based Life Insurance Startup Bestow Lands $70 Million Series C

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Dallas-based Bestow, a fully digital life insurance company, announced today a $70 million Series C funding round. The startup, launched three years ago, has raised $145 million to date. The company, which aims to make coverage accessible to millions, says …

Actuate Therapeutics, a Fort Worth- and Dublin-based biopharmaceutical company, has raised around $14M out of $50M fund

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Actuate Therapeutics, a Fort Worth- and Dublin-based biopharmaceutical company, has raised around $14M out of $50M fund per an SEC filing reported by the DBJ. Actuate is a private company that focuses on developing compounds to be used in the …

Plano-based CarOffer sells majority stake in car trading platform for $140 million

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Plano-based car trading platform CarOffer is selling a majority stake in the company to a bigger online automotive player for $140 million. The cash and stock deal gives publicly traded CarGurus a 51% stake in the firm founded in 2019 …

Grand Prairie-based Neos Therapeutics is merging with a Colorado pharma company

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Grand Prairie-based Neos Therapeutics will merge with a Colorado specialty pharmaceutical company in an all-stock deal worth $44.9 million. Under terms of the deal, Neos shareholders will own about 30% of the shares in the acquiring company, Englewood-based Aytu BioScience …

Frisco Digital Adoption Platform Developer Apty Secures $5.4M in Post-Seed Funding

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Apty’s Digital Adoption Platform software aims to help enterprises with complex business processes and software adoption. With the round, Apty plans to fuel its business expansion plans by adding to its product offerings and client list, which already includes big …

Frisco Digital Adoption Platform Developer Apty Secures $5.4M in Post-Seed Funding

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Apty’s Digital Adoption Platform software aims to help enterprises with complex business processes and software adoption. With the round, Apty plans to fuel its business expansion plans by adding to its product offerings and client list, which already includes big …

Two Dallas Startups To Pitch in $2M Competition for Black Founders

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Dallas’ own Kanarys, Inc. and Zirtue are joining the three-day Rise of the Rest Virtual Tour: Equity Edition. This year’s speakers include AOL co-founder Steve Case and NBA and NHL sports team owner Ted Leonsis.
dallasinnovates.com/two-dallas-startups-to-pitch-in-2m-competition-for-black-founders/