Archive for May, 2023

Rosy Wellness Raises $1.2M To Grow Its Women’s Sexual Health Platform

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Dallas-based Rosy Wellness raised $1.2 million of a $1.5 million bridge funding round, bringing to $4.2 million, the amount raised to date. The startup currently has 6 full-time employees and about 20 contractors. Read more in Dallas Innovates.

Rosy Wellness

Grapevine’s Car Capital Announces Funding, Organizational Changes

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Grapevine-based, Car Capital, which enables franchise and independent dealers with its proprietary loan-approval technology, announced an $8.8M Series C, $50M in debt, and its relaunch into the Midwest and Southeast and expansion to Western states. 

https://www.prnewswire.com/news-releases/car-capital-announces-exciting-relaunch-new-management-and-capital-raise-301821926.html 

Frisco-based Threat Detection Secures Development Capital

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Netwrix, a Frisco-based visibility and governance company that does threat detection, entered into a definitive agreement to receive an undisclosed amount of development capital from Centerbridge Partners. Global private equity firm, TA Associates (TA), remains the majority shareholder, with

Mavenir Raises $100M to Accelerate Innovation and Sustainability in Telco Networks

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Mavenir Systems, a Richardson-based network software provider, raised $100M of development capital from Siris Capital Group to support its strategy of digitizing telco networks with cloud-native applications. This total follows last year’s $250 million fundraise. President and CEO Pardeep