Archive for March, 2022

Sangoma Technologies boosts channel play with $80M acquisition of NetFortis

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Sangoma Technologies, the communications-as-a-service provider, has acquired Plano-based NetFortis for $80 million. The deal extends Sangoma’s suite of cloud services with new MSP capabilities, which it says means more one-stop shopping for customers. It’s the company’s eleventh acquisition in eleven

Mobile security firm Zimperium is being acquired by Liberty Capital for $525M deal

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Zimperium, the mobile security platform purpose-built for enterprise environments, today announced it will be acquired for approximately $525 million by Liberty Strategic Capital, the private equity firm founded and led by former U.S. Secretary of the Treasury Steven T. Mnuchin.

Digital Engagement Platform Company Juno Raises $10M

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Dallas-based Juno has raised $10M in a Series A round led by Insight Partners. The company’s digital engagement platform allows organizations to have a single platform to connect their global community whether networking, communicating, education, or events. The platform creates

KKR completes $15B acquisition of datacenter owner/operator CyrusOne

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CyrusOne Inc, a Dallas-based data center and IT services manager, was acquired by KKR for $15B in a post-IPO equity deal. This accounts for $90.50/share as well as assumption of debt, in an all-cash transaction. CyrusOne had previously raised $1.8B in debt

Island Raises $115M in Series B Funding

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Just weeks after emerging from stealth, a local tech startup has become the region’s newest unicorn. Island, a company that says it’s creating the “desktop of the future,” unveiled a $115 million Series B funding round led by Insight Partners

iOLAP , a data science and advanced analytics company, acquired by Elixirr for $40M

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Founded in 1999 and headquartered in Frisco, Texas, iOLAP provides technology and data consulting services to clients in a range of industries. It’s offerings include app design and development, data and analytics, AI and machine learning, and IT managed services.

Mammoth Project: Dallas’ Colossal Raises $60M to Advance Genetic Engineering and ‘De Extinction’ Technologies

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Colossal launched last September with a plan to “de-extinct” the woolly mammoth by using CRISPR genetic engineering to create a mammoth-elephant hybrid.

With a total raise of $75 million to date, the startup aims to have its first set of

Building on a ‘Crypto Mining Gold Rush’: Dallas’ Blockmetrix Raises 43M Series B

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Blockmetrix says Texas is in the midst of a “crypto mining gold rush”—and with fresh funding, the company looks to a future where mining bitcoin is only the beginning. The Dallas-based bitcoin mining startup has announced landing a $43 million

Aiming to Make Fort Worth a Hub of ‘Energy 2.0,’ Electric Motor Maker Launches Production with $17M Funding

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With 95 patents issued or pending on its tech, Fort Worth’s Linear Labs wants to bring manufacturing back to the U.S., seeing the electrification supply chain as a “national security strategic imperative.” Brad Hunstable launched Linear Labs in 2014 after

Micro-betting technology platform nVenue raises $3.5M seed round to expand tech

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Predictive analytics and micro-betting technology company nVenue has recently announced a fully-funded seed round after successfully raising $3.5M in late February. nVenue’s female-led and founded data and micro-betting technology platform uses proprietary sports machine learning and artificial intelligence algorithms leverage