Archive for the ‘Success’ Category

Dallas Fintech Zippy Gets Growth Investment from Brand Foundry, Hires B2B2C Growth Veteran

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Dallas-based fintech Zippy has raised additional investment from Brand Foundry and repeat investors. The startup said the capital infusion will drive scalability and meet the growing demand for manufactured home loans. Zippy is in its second year and is

Loopback Analytics Announces Strategic Growth Investment to Expand Offerings to Health System, Life Sciences Organizations

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Loopback Analytics, a Dallas-based provider of analytics and data-enabled services for health systems and life sciences organizations, announced a strategic growth investment by PSG. The amount of the investment was not released. Founder Neil Smiley will continue to serve as

Space Auto Secures Series A Funding Backed by Global Business Leader John Paul DeJoria and Others

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Space Auto, a Dallas-based provider of an integrated software and marketing solution for car dealerships, raised an undisclosed amount of Series A funding. The round saw participation from John Paul DeJoria who is the co-founder of Paul Mitchell and founder

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

Irving Mobile Healthcare Firm MedArrive Gets $8M in Funding To Help Reduce ER Visits, Hospitalizations

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MedArrive, an Irving-based mobile-integrated care management platform company, has received $8 million in new funding led by Cobalt Ventures, a wholly owned subsidiary of Blue Cross and Blue Shield of Kansas City (Blue KC).

https://dallasinnovates.com/irving-mobile-healthcare-firm-medarrive-gets-8m-in-funding-to-help-reduce-er-visits-hospitalizations/

 

Recuro Health Secures $47M in Series B Funding for its Digital Medical Home

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Coppell-based Recuro Health has closed a $47 million Series B investment round that includes both new and existing investors, including ARCH Venture Partners, the Flippen Group, GPG Ventures, 4D Capital, and others.

https://dallasinnovates.com/recuro-health-secures-47m-in-series-b-funding-for-its-digital-medical-home/

Dallas AI Platform for Data Entry Secures Seed Money

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Deep Cognition, a Dallas-based artificial intelligence platform for data entry processes, raised $1.2M of seed funding in the form of convertible notes from undisclosed investors. SEC FORM