TXSE Group Raises $430 Million Following Third Funding Round
Dallas-based TXSE Group, parent of the Texas Stock Exchange, has completed its third funding round, bringing its total capital to $430 million, the most ever raised by a new exchange. Bloomberg reports the round raised $155 million. Existing owners accounted…
Dallas Biotech Startup Lands $2.6M Grant to Fight Cancer
Dallas-based MusiQ Bio, a UT Southwestern Medical Center spinoff, has received a $2.59 million grant from the Cancer Prevention and Research Institute of Texas (CPRIT). The funding will let the startup and UT Southwestern's Lux Lab advance its MUSIC platform…
Dallas Startup AI Hospitality Group Raises $7.5M to Manage Hotels With AI Agents
Dallas-based AI Hospitality Group has launched with $7.5 million in seed funding led by Rackhouse Venture Capital, with participation from Sierra Ventures, Dynamo Ventures, and angel investors from the hospitality industry. Rackhouse founder Kevin Novak has joined as a board…
Dallas-Based Island Announces $400 Million Series F, Bringing Valuation to $6.4 Billion
Dallas-based Island has raised a $400 million Series F led by Evolution Equity Partners, bringing its valuation to $6.4 billion, more than double its 2024 level. Existing investors Prysm Capital, Sequoia Capital, Coatue Management, Cyberstarts, Insight Partners, J.P. Morgan Growth…
Khosla-Backed, Frisco-Based Mazama Energy Raises $135M to Drill Deeper Into Superhot-Rock Geothermal
Frisco-based Mazama Energy has raised $135 million in an oversubscribed Series B round co-led by Centaurus Capital and Doerr Capital. ConocoPhillips and Shell Ventures joined the round, existing investors Khosla Ventures and Gates Frontier returned, and SiteGround Capital, H. Barton…
Dallas-Based GDT To Be Acquired by Softcat, Expanding Capabilities & International Reach
Dallas-based General Datatech (GDT) has signed a definitive agreement to be acquired by London Stock Exchange-listed Softcat plc at an enterprise value of about $1.05 billion (£785 million). The seller is H.I.G. Capital, which invested in GDT in 2021. Softcat…
SMU Gets $19.3M from DOE to Adapt Oil-and-Gas Tech for Critical Minerals Mining
Southern Methodist University has received a $19.3 million award from the U.S. Department of Energy, the largest individual funding commitment in the university's history. The award, from the DOE's Mine of the Future program, backs a $25 million project led…
Dallas-Based StrikeReady Announces Investment Led by Wa’ed Ventures to Power Unmetered AI Security Operations
Dallas-based StrikeReady, a Composite AI platform for security operations, has received an investment from Wa'ed Ventures, the $500 million venture capital arm wholly owned by Aramco. Terms were not disclosed, but the new round brings StrikeReady's total funding raised to…
Dallas’ Perry Weather Raises $110M to Automate Severe Weather Safety Decisions
Dallas-based Perry Weather has closed a $110 million Series C led by Boston-based Silversmith Capital Partners, with participation from Minneapolis-based Arthur Ventures, which led the company's $6.25 million Series A and $15 million Series B. The round brings Perry Weather's…
DataBahn Raises $40M Series B Led by Insight Partners
Dallas-based enterprise data pipeline startup DataBahn closed a $40 million Series B led by New York-based Insight Partners, with participation from existing investors Forgepoint Capital, GTM Capital, and S3 Ventures. The round brings total funding to $59 million and comes…
Sendero Consulting Acquires Torq Consulting to Advance AI-Driven, ‘Bespoke’ Digital Transformation
Dallas-based Sendero Consulting has acquired Plano-based Torq Consulting, which specializes in accelerating digital transformation through AI-powered custom development, data engineering, and analytics. The deal adds about 90 consultants and expands Sendero's capabilities in custom application development and advanced data analytics.…
Dallas-Based Cardinal Data Power Raises $70M Series A
Cardinal Data Power, a Dallas developer of gigawatt-scale data centers powered by on-site generation, raised approximately $70 million in a Series A led by Hood River Capital Management with participation from Empery Digital, which invested $20 million for an 8%…
Rockwall-Based Resolute Grid Raises $18.21M
Resolute Grid, a Rockwall-based producer of American-made transformers and hardware for electrical transmission systems, raised $18.21 million, with participation from Stage 1 Ventures and Wave Function Ventures. The company closed $18.21 million of a targeted $18.9 million round. Founded in…
Carrollton-Based Brava Raises $5.04M
Brava, a Carrollton-based developer of hidden orthodontic braces placed behind the teeth, raised $5.04 million, according to Texas CEO Magazine's weekly Texas deal roundup. The investors were not disclosed. Built by Brius Technologies, Brava's system uses customized devices the company…
UTA Lands DOE Genesis Mission Award to Keep AI Honest in Scientific Research
A University of Texas at Arlington researcher will lead a federally funded effort to keep AI systems honest and secure in sensitive scientific work, backed by $750,000 from the U.S. Department of Energy. Habeeb Olufowobi, a faculty member in UTA's…
Frisco-based Public Storage Completes Acquisition of National Storage Affiliates
Frisco-based Public Storage has completed its acquisition of National Storage Affiliates Trust, headquartered in the Denver suburb of Greenwood Village, in a deal valued at about $10.5 billion when signed in March. NSA shareholders received 0.14 Public Storage shares per…
Coppell-Based Csquare Raises $1.05B in IPO
Csquare, a Coppell-based enterprise digital infrastructure platform, raised roughly $1.05 billion in its initial public offering, listing on the New York Stock Exchange under the ticker CSQR — the largest Texas deal on Texas CEO Magazine's list for the week.…
Dallas-Based ASP Isotopes Reports $109.2M Raise in SEC Filing
ASP Isotopes Inc. (Nasdaq: ASPI), headquartered at 2200 Ross Avenue in Dallas, reported selling $109.2 million of securities in a Form D filing with the SEC, the largest DFW operating-company raise recorded in the filings this summer. Founded in September…
Dallas-Based Hexivon Lands Investment from Hillwood to Advance Technology to Take ‘Forever Chemicals’ Out of Water
Hexivon, a Dallas-based water technology company, secured an investment from Hillwood to advance its method of eliminating PFAS, or "forever chemicals," in water. Terms were not disclosed. Unlike carbon filters, ion exchange, and reverse osmosis, which move PFAS around and…
Fort Worth’s Ranchbot Reports $15.8M Raise in SEC Filing
Ranchbot Technology Holdings Inc., a Fort Worth-based agricultural technology company, reported selling $15.8 million of securities out of a $20 million offering, according to a Form D filing with the SEC. The filing lists the company under the technology industry…
Dallas-Based Frontlands Raises $4M
Frontlands, a Dallas-based provider of asset-backed lines of credit secured by mineral and royalty rights, raised $4 million, according to Texas CEO Magazine's weekly Texas deal roundup. The investors were not disclosed. The company operates at the intersection of energy…
Grapevine-Based The Boardroom Mastermind Raises $1.73M Seed
The Boardroom Mastermind, a Grapevine-based real estate education company, raised $1.73 million in a seed round, according to Texas CEO Magazine's weekly Texas deal roundup. The investors were not disclosed. The company runs peer mastermind groups for real estate investors,…
Dallas-Based Climb Group Raises $1.4M Seed
Climb Group, a Dallas-based provider of Databricks-focused data and AI consulting services for enterprises, raised $1.4 million in a seed round, according to Texas CEO Magazine's weekly Texas deal roundup. The investors were not disclosed. The company specializes in helping…
Texas Instruments Awarded $33.6M Texas Semiconductor Innovation Fund Grant for Richardson Fab Expansion
Governor Greg Abbott announced a $33.6 million Texas Semiconductor Innovation Fund grant to Dallas-based Texas Instruments for expanded capacity and technology investments at RFAB, the company's 300mm semiconductor wafer fabrication plant in Richardson. The project is expected to total $700…
Fort Worth’s Lithos Industries Reports $6.2M Raise in SEC Filing
Lithos Industries Inc., the Fort Worth company operating as Element3 Resources, reported selling $6.2 million of securities out of a $6.5 million offering, according to a Form D filing with the SEC. The company is based at 3432 W. 7th…
Dallas-Based Long Angle Raises $7.05M Series A
Long Angle, a Dallas-based private community and investment resource for high-net-worth individuals, raised $7.05 million in a Series A round led by Collins Resources. The company operates a vetted peer community of self-made very-high-net-worth entrepreneurs, executives, and investors, primarily millennials…
Dallas-Based Plotsy Raises $1.5M Seed
Plotsy, a Dallas developer of AI-powered streaming entertainment built from independent fiction, raised $1.5 million in a seed round led by Pier 88 Investment Partners. Founded by Teladoc co-founder Michael Gorton, Plotsy turns novels into cinematic, episodic video — what…
Plano-Based Republic Finance To Be Acquired by J.C. Flowers-Led Investor Group
Republic Finance, a Plano-based consumer loan provider, has agreed to be acquired by an investor group led by J.C. Flowers & Co., a private investment firm focused on global financial services, alongside Nowlake Technology. Funds advised by CVC Capital Partners,…
Plano’s Worlds Enterprises Reports $7.3M Raise in SEC Filing
Worlds Enterprises Inc., a Plano-based artificial intelligence company, reported selling $7.3 million of securities out of a $10.3 million offering, according to a Form D filing with the SEC. The filing lists the company under the technology industry group. Worlds…
Hunt Energy’s Dallas-Based Subsidiary Mantle Energy Raises $5M Seed Funding
Mantle Energy, a geothermal spinout of Dallas-based Hunt Innovative Technologies, has successfully closed a $5 million seed round led by Dallas’ 17Shoals Inc. Mantle uses groundbreaking techniques to create heat in oil and gas formations to extract more oil from…
Dallas’ Cornbread Hustle Acquired by North Carolina’s Faith-Based TruRecruiting
Dallas-based Cornbread Hustle, which offers second-chance employment for people with criminal records, has been acquired by TruRecruiting, a faith-based workforce solutions organization in North Carolina focused on creating employment pathways for underserved populations. Founded in 2016 by Cheri Norris, Cornbread…
Dallas Aggregates & Infrastructure Products Co. Arcosa To Be Acquired by CRH for $8.5B
Arcosa, a Dallas-based aggregates and infrastructure products company, has agreed to be acquired by New York City-based building materials provider CRH in an all-cash deal at $150 per share, an enterprise value of about $8.5 billion. The offer implies a…
Irving-Based Wash42 Raises $6.28M Seed
Wash42, an Irving-based provider of high-speed truck and vehicle washing services, raised $6.28 million in a seed round, according to Texas CEO Magazine's weekly Texas deal roundup. The investors were not disclosed. The company operates in the commercial vehicle care…
Irving-Based Howdy 12.0 Raises $1.37M Seed
Howdy 12.0, an Irving-based company operating in stealth, raised $1.37 million in a seed round, according to Texas CEO Magazine's weekly Texas deal roundup. Neither the investors nor the company's line of business were disclosed. Stealth-mode raises of this size…
Fast Hippo Media Acquires Plano Website Design
Frisco-based digital marketing agency Fast Hippo Media has acquired Plano Website Design, a Plano agency focused on web design, SEO, answer engine optimization, and digital marketing. Terms were not disclosed. Plano Website Design continues under its own brand, and its…
North Texas Critical-Materials Company Buys 114-Year-Old Isola Group, Raises $280M
Principal Mineral, a Southlake company founded two years ago, has acquired Isola Group, a maker of printed circuit board materials whose roots reach back to 1912, paired with about $280 million in new funding. The round was co-led by Overmatch…
Dallas Capital Bank To Be Acquired by Oklahoma City’s MidFirst Bank
Dallas Capital Bank has agreed to be acquired by Oklahoma City-based MidFirst Bank, the largest privately owned bank in the U.S. with more than $42 billion in assets and locations across seven states. Terms were not disclosed. Founded in 2015,…
Plano-Based Fortium Acquired by N.J. Talent Advisory Firm ZRG
Fortium, a Plano-based provider of fractional, interim, and project-based CIO, CTO, and CISO leadership, has been acquired by New Jersey global talent advisory firm ZRG. Founder and CEO Burke Autrey joins ZRG as president of Fortium Partners, a ZRG company,…
Dallas-Based DataBank Closes $1.45B Financing, Supports Data Center Project in Red Oak
Dallas-based DataBank, a data center company providing enterprise-class edge colocation, interconnection, and managed services, closed two financing transactions totaling $1.45 billion: an $800 million corporate revolving credit facility and a $650 million upsize of construction financing for its Red Oak…
Plano-Based Apogee Semiconductor Raises $16.2M Series A-4
Apogee Semiconductor, a Plano-based provider of radiation-hardened semiconductor solutions for space, aerospace, and defense applications, raised $16.2 million in a Series A-4 round led by LDV Partners. The round brings the company's total funding to roughly $30.4 million from a…
Dallas-Based Waldo Raises $10.36M
Waldo, a Dallas-headquartered developer of AI-powered research and automation tools for knowledge workers, raised $10.36 million, according to Texas CEO Magazine's weekly Texas deal roundup. The investors in the round were not disclosed. Waldo's platform analyzes large volumes of online…
Dallas’ Interstate Threaded Products Acquired by Austin’s Rox Capital Partners
Dallas-based specialty threaded fastener manufacturer Interstate Threaded Products has been acquired by Austin's Rox Capital Partners, which is using the company to launch an industrial fastener platform it plans to expand through organic growth and further acquisitions. Terms were not…
Frisco-Based Klinic Raises $24M Series A for Specialty Provider-Enablement Platform
Klinic Inc., a Frisco-based health technology company, has raised $24 million in a Series A equity round. The company's SEC Form D filing reports $23.9 million sold of a $24.2 million offering, with the round drawing 34 investors. Backers listed…
Flower Mound-Based Healthcare Payments Co. CMSPricer Acquired by Delaware’s Micro-Dyn
CMSPricer, a Flower Mound-based technology provider focused on healthcare payer and provider contract management and commercial claims pricing, has been acquired by Micro-Dyn Medical Systems, a Delaware company serving more than 200 healthcare organizations, in partnership with The Brydon Group.…
Dallas’ MapleMark Bank To Be Acquired by Toronto-Based Scotiabank
Dallas-based Maple Financial Holdings, the parent company of MapleMark Bank, has agreed to be acquired by Toronto-based Scotiabank (NYSE: BNS), one of the largest banks in North America with roughly $1.5 trillion in assets. MapleMark is a U.S. commercial bank…
North Texas’ Secretome Therapeutics Raises $30M Series A to Advance Muscular Dystrophy-Related Drug
Plano-based Secretome Therapeutics, a biotech company advancing therapies derived from neonatal cardiac progenitor cells (nCPC), has announced the closing of $30 million in Series A financing from RA Capital Management, a multi-stage investment manager focused on public and private healthcare,…
Dallas-Based Apex Service Partners Gets Minority Investment From Apollo Funds
Dallas-based Apex Service Partners, which calls itself America's largest residential HVAC, plumbing, and electrical services business, announced that Apollo Funds will acquire a minority interest in the company. Apollo joins management and existing investor Alpine Investors, which is also making…
Plano-Based Ivy Technology Acquires Southlake’s ISP Tek Services
Plano-based Ivy Technology, a portfolio company of Boston's Staple Street Capital that provides technology lifecycle services and infrastructure solutions, has acquired Southlake-based ISP Tek Services from Close the Loop. ISP Tek is an IT asset disposition provider. The acquisition strengthens…
Irving-Based SCL Cold Chain Acquired by Florida’s RealCold
SCL Cold Chain, an Irving logistics company with temperature-controlled expertise across pharmaceuticals, medical devices, wine, and boutique foods, has been acquired by RealCold, a national cold chain solutions provider based in Lakeland, Florida. The deal marks RealCold's entry into chain-of-custody…
Dallas’ Blue Yonder Defense Solutions Awarded $62M U.S. Air Force FLITES Contract
Dallas-based Blue Yonder Defense Solutions has been awarded a 5.5-year, $62 million contract by the U.S. Air Force Life Cycle Management Center for the Foundational Logistics Information Technology Enterprise System, or FLITES, program. Launched in September 2024, FLITES is a…
Plano-Based Oaklin Lane Raises $3.24M Seed
Oaklin Lane, a Plano-based company, raised $3.24 million in a seed round, according to Texas CEO Magazine's weekly Texas deal roundup. The investors were not disclosed. The deal appeared in the same week's list as two far larger and better-publicized…
Onramp Raises $12.5M in Series A Funding, at $135M Valuation
https://www.finsmes.com/2026/05/onramp-raises-12-5m-in-series-a-funding-at-135m-valuation.html Onramp, a Dallas, TX-based bitcoin-centric financial services platform provider, raised $12.5M in Series A funding, at a $135M valuation. The round was led by Early Riders, with participation from strategic angel investors.
Irving, TX based Breeze Acquisition II completed its initial public offering.
Breeze Acquisition II (Irving, TX) (NAS: BREZU), a special purpose acquisition company targeting businesses in healthcare, biotechnology, advanced manufacturing, robotics, and AI, completed its initial public offering of 12.5 million units at $10.00 per unit, raising $125M, with underwriters subsequently partially exercising…
Onramp has raised $12.5 million in a Series A round led by Early Riders,
Onramp has raised $12.5 million in a Series A round led by Early Riders, valuing the bitcoin financial services firm at $135 million as it pushes to scale a custody model designed to meet institutional standards. https://bitcoinmagazine.com/news/onramp-raises-12-5m-series-a Kind regards, Bart…
Irving’s BMO Transportation and Vendor Finance Acquired by NYC-Based Stonepeak
BMO Transportation Finance and Vendor Finance, based in Irving, will be acquired by New York-based Stonepeak under an agreement with parent BMO Financial Group, the eighth largest bank in the U.S. by assets. BMO will reinvest a 19.9% minority interest…
KKR-backed GMR set for trading debut after raising $479M in IPO
GMR Solutions (GMRS), an emergency medical services provider that counts private equity firm KKR & Co. (KKR) among its investors, is set to make its trading debut on Wednesday after pricing its U.S. initial public offering to raise roughly $479M.…
Backed by CBRE IM, Plano’s Accelerate Reaches $1.26B in Capital Commitments for Its Infrastructure Site Acquisitions
Plano-based Accelerate Infrastructure Opportunities and CBRE Investment Management closed a $630 million primary capital raise, bringing total equity committed to the platform to $1.26 billion. The round drew additional investment from CBRE IM-managed funds plus new commitments from Mubadala Investment…
UT Arlington, Rice Get $4M Grant to Build Hill Country Flood Warning System
The University of Texas at Arlington and Rice University have received a $4 million grant from the Office of Governor Greg Abbott to build a real-time flood warning system, following catastrophic Central Texas flooding last year that claimed more than…
Irving-Based ANSpect Technologies Raises $1.03M Seed
ANSpect Technologies, an Irving-based company, raised $1.03 million in a seed round, according to Texas CEO Magazine's weekly Texas deal roundup. The investors were not disclosed. The raise was one of a small number of North Texas deals recorded that…
Serent Capital Announces Investment in Autire, a Cloud-Based and AI-Powered Platform Supporting CPA Firms in Employee Benefit Plan Audits
Serent Capital, a growth-focused private equity firm investing in founder-led B2B SaaS and technology companies, today announced an investment in Autire, a cloud-based and AI-powered software platform built to support CPA firms performing employee benefit plan (EBP) audits. https://www.businesswire.com/news/home/20260303443096/en/Serent-Capital-Announces-Investment-in-Autire-a-Cloud-Based-and-AI-Powered-Platform-Supporting-CPA-Firms-in-Employee-Benefit-Plan-Audits
UT Dallas Draper Pitch Competition Awards Record $330K to Student, Alumni Startups
University of Texas at Dallas students and alumni competed for a record $330,000 in prize money April 14 at the Draper Pitch Competition, showcasing startup ideas spanning AI, robotics, and biotech. The event was formerly known as the Big Idea…
Yesway completed a $280M IPO on the Nasdaq Global Select Market
Yesway (Fort Worth, TX), an award-winning convenience store operator with 449 stores across nine states in the Midwest and Southwest, completed a $280M IPO on the Nasdaq Global Select Market (ticker: YSWY) at $20.00 per share. The underwriters subsequently exercised…
AMAROK Acquires 45% Stake in Dallas’ Evolon Technology
AMAROK, a Columbia, South Carolina company specializing in electric security fencing for commercial businesses, has acquired a 45% stake in Dallas-based Evolon Technology, which provides AI-powered video monitoring and virtual guarding solutions. The investment pairs perimeter defense with AI-driven monitoring,…
DataBank Secures $2.0B of Construction Financing for First Three Data Centers on New South Dallas Campus
DataBank, a leading provider of enterprise-class colocation, interconnection, and managed cloud services, announced today that it has secured a $2.0B loan for construction of the first three data centers on its new Red Oak, TX campus. This financing represents one…
Fort Worth’s Terrasoul Superfoods Acquired for $48M by Colorado’s Laird Superfood
Fort Worth-based Terrasoul Superfoods has been acquired by Colorado's Laird Superfood for $48 million in cash, subject to customary purchase price adjustments, plus an earnout of up to $5 million payable in cash if performance milestones are met. Terrasoul is…
McKesson To Sell $1.25B Minority Stake in Medical-Surgical Unit to Apollo Ahead of Planned IPO
Irving-based McKesson Corporation (NYSE: MCK), Dallas-Fort Worth's largest public company, has agreed to sell a minority stake in its Medical-Surgical Solutions business to funds managed by Apollo affiliates. Apollo Funds will invest $1.25 billion in convertible preferred equity for roughly…
Caruso, an Australia-Based Platform for Private Markets With an Office in Dallas, Closes $6.5M Series A » Dallas Innovates
https://dallasinnovates.com/caruso-an-australia-based-platform-for-private-markets-with-an-office-in-dallas-closes-6-5m-series-a/ Caruso, a Sydney, Australia-based fund administration platform for private markets, has closed a $6.5 million Series A raise and secured a $55 million valuation following rapid growth and large enterprise customer wins. The AI-native firm—which has a U.S. office…
Dallas’ Precision Aerospace Holdings Acquired by Maine-Based Precinmac
Dallas-based Precision Aerospace Holdings, which manufactures precision machined aerospace, defense, and space components, has been acquired by Maine-based Precinmac LP, a manufacturer of high-complexity precision components. Terms were not disclosed. Launched in 2022, PAH brought together Applegate EDM, Clearwater Engineering,…
Coppell-Based The Container Store To Be Acquired by Bed Bath & Beyond for $150M
Bed Bath & Beyond (NYSE: BBBY) has agreed to acquire Coppell-based The Container Store in a $150 million deal, two years after first exploring a move for the specialty retailer of storage, organization products, and custom closets. Founded in 1978,…
SyncData.ai (McKinney, TX) received an undisclosed investment from the McKinney Economic Development Corporation.
McKinney-based SyncData.ai's platform is built to help organizations of all sizes better manage risk while improving operational efficiency. MEDC said its investment is part of its ongoing focus to support companies that provide both an economic boost and robust innovation.…
Psychedelic Games Raises $3.5M for Golden Tides With KRAFTON, FlyQuest, and Arbitrum Gaming Ventures
Psychedelic Games Raises $3.5M for Golden Tides With KRAFTON, FlyQuest, and Arbitrum Gaming Ventures. Dallas-based Psychedelic Games has closed a $3.5M funding round for Golden Tides, a pirate-themed 4v4 adventure MOBA built to challenge genre conventions. KRAFTON, FlyQuest, and Arbitrum…
Dallas-Based Verily Raises $300M, Ending Alphabet’s Controlling Stake
Dallas-based Verily has raised a $300 million round led by Series X Capital, with participation from Alphabet, UCHealth, the University of Colorado Anschutz, and other investors, funding the next phase of its precision health AI strategy. With the round, Alphabet…
Lantern Secures $30M Strategic Investment from Morgan Health and Echo Health Ventures
Lantern Secures $30M Strategic Investment from Morgan Health and Echo Health Ventures to Help Employers Reduce Costs and Improve Outcomes for Specialty Care. Lantern, the leading Specialty Care Platform serving 12 million people across the U.S., today announced a $30…
Dallas-Based Renter Network Stake Acquires Irving’s UMoveFree
Dallas-based renter network Stake has acquired Lighthouse and its subsidiary UMoveFree, the largest apartment locating platform in Texas, headquartered in Irving. Both companies use AI to match renters with properties offering the best savings. UMoveFree says it has assisted more…
Dallas Digital Engineering Services Firm AppsTek Acquired by Frisco’s Sage IT
Sage IT, a Frisco-based technology services company with over two decades of experience delivering AI-driven digital transformation and enterprise modernization, has acquired AppsTek Corp., a Dallas-based digital engineering services firm. The deal includes all of AppsTek's operations across the U.S.,…
Farmers Branch-Based Risk Theory Acquires New York’s Roundhill Express
Farmers Branch-based specialty insurance platform Risk Theory has completed its acquisition of Roundhill Express, a managing general agent that underwrites commercial habitational properties throughout New York City. It is Risk Theory's first MGA acquisition. Policies written through the Roundhill platform…
Zcash Open Development Lab (ZODL) (Dallas, TX) raised $25M+ in a Seed round.
Zcash Open Development Lab (ZODL) (Dallas, TX), a privacy-focused cryptocurrency development lab building the Zcash protocol and self-custodial mobile wallet Zodl, raised $25M+ in a Seed round led by Paradigm and a16z crypto, with participation from Winklevoss Capital, Coinbase Ventures,…
Fort Worth’s Farmer Brothers Coffee Co. To Be Acquired by Alabama’s Royal Cup Coffee and Tea
Farmer Brothers Coffee Co. has agreed to be acquired by Birmingham, Alabama-based Royal Cup Coffee and Tea, which will purchase all outstanding shares at $1.29 per share in an all-cash transaction. Farmer Brothers has been headquartered in Fort Worth since…
Dallas-Based 3PL Provider WWEX Group To Be Acquired by Chicago’s Thoma Bravo
Dallas-based third-party logistics provider WWEX Group has agreed to be acquired by Thoma Bravo, the Chicago technology-focused investment firm. Terms were not disclosed. After closing, Thoma Bravo will combine WWEX Group with portfolio company Auctane, the global shipping and fulfillment…
Rogers Healy & Assoc. Real Estate Brokerage Merges With Compass
Dallas-based Rogers Healy & Associates, Texas' largest independent real estate brokerage, has joined New York-based Compass. Terms were not disclosed. Founded 20 years ago, RHA grew into one of the nation's largest independent real estate companies, with roughly $1 billion…
Cembra Holding Company is a Dallas-based permanent capital holding raised $21.95M from undisclosed investors.
Cembra Holding Company is a Dallas-based permanent capital holding company that acquires and operates niche, market-leading businesses with the goal of owning them indefinitely and supporting their long-term growth and stability. Cembra Holding Company raised $21.95M from undisclosed investors. $21.95M…
Dallas Underwriting Platform Lumen Holdings Acquired by Chicago’s Vistria Group
Dallas-based underwriting platform Lumen Holdings has been acquired by The Vistria Group, a Chicago middle-market private investment firm. Terms were not disclosed. The deal establishes Lumen as a new platform investment within Vistria's Financial Services portfolio, targeting the evolution of…
Dallas’ Enhabit Home Health & Hospice To Be Acquired for $1.1B by Kinderhook Industries
Enhabit (NYSE: EHAB), a Dallas-based national home health and hospice provider, has agreed to be acquired by Kinderhook Industries, a New York City middle-market private equity firm, in an all-cash transaction valued at around $1.1 billion. The acquisition was unanimously…
American Drone Network raised $1.85M from undisclosed investors
American Drone Network (Dallas, TX), a platform that connects businesses with vetted commercial drone pilots and provides training, hardware, and operational support for drone programs, raised $1.85M from undisclosed investors. https://www.texasceomagazine.com/p/texas-weekly-deal-highlights-269 Kind regards, Bart Slowik Managing Director, Innovation D: 214-746-6616…
Yendo Secures Additional $200M Commitment From i80 Group to Fuel Growth of AI-Enabled Credit Card Products
Yendo, a fintech company serving main street consumers, today announced a $200 million funding commitment from i80 Group. The new capital will supply up to $200 million in new credit card originations, enabling Yendo to continue to scale its customer…
‘Groundbreaking’ Vinyl Record Recycling Program To Roll Out in North Texas With $100K Grant
VMB Micro LLC has received a $100,000 grant from the Vinyl Institute and the Vinyl Sustainability Council to launch its Record Vinyl Recycling Project, which will be piloted at the company's Dallas-Fort Worth facility. The initiative offers what the company…
‘Experiential’ Trading Card Co. Oh YAAS To Be Led by Former Topgolf CEO
Dallas-based Oh YAAS is pioneering Experiential Collectibles—a new category that turns traditional trading cards into interactive experiences. Through digital activation, every card offers exclusive content, rare digital collectibles, and direct connections between fans, collectors, stars, and brands. https://dallasinnovates.com/experiential-trading-card-co-oh-yaas-to-be-led-by-former-top-golf-ceo/ Kind regards,…
SpendRule raises $2M, emerges from stealth to help hospitals track spending.
SpendRule (Dallas, TX), an AI-powered platform helping healthcare systems track their spending, raised a $2M Seed round led by Abundant Venture Partners with participation from MemorialCare Innovation Fund and Zeal Capital Partners. https://techcrunch.com/2026/02/17/spendrule-raises-2-million-emerges-from-stealth-to-help-hospitals-track-spending/ Kind regards, Bart Slowik Managing Director, Innovation…
Cydelphi emerged from stealth with $3 million in seed funding.
Cydelphi, an AI-native digital forensics & incident response (DFIR) platform company that bolsters cyber resilience, emerged from stealth with $3 million in seed funding. The round was led by Glasswing Ventures, with participation from Blu Ventures, Hyde Park Angels, and…
Uptiq raises $25M to add AI agents to bank workflows
Uptiq (McKinney, TX), which builds AI agents that automate lending and wealth workflows inside banks and credit unions, raised a $25M Series B led by Curql, with participation from Silverton Partners, 645 Ventures, Broadridge, Green Visor Capital, Live Oak Ventures,…
NASA Invests $750K in UTA Materials Research to Improve Advanced Air Mobility Safety
NASA is investing $750,000 in UT Arlington research aimed at one of the biggest hurdles facing advanced air mobility: making next-generation aircraft safer during frequent landings and unexpected impacts. The three-year grant from NASA's Minority University Research and Education Project…
Plano-Based European Wax Center To Be Taken Private by General Atlantic in $330M Deal
European Wax Center (Nasdaq: EWCZ), the Plano-based franchisor and operator of more than 1,000 waxing services locations across the U.S., is being taken private by New York-based global investor General Atlantic in an all-cash deal valued at around $330 million.…
North Texas’ LiquidStack To Be Acquired by Ireland-Based Trane Technologies
Trane Technologies, a global climate-control company based in Swords, Ireland, has agreed to acquire LiquidStack, a leading provider of liquid cooling technology for data centers headquartered in Carrollton. LiquidStack's high-density liquid, direct-to-chip, and immersion cooling solutions are designed for the…
Dallas Sports Franchise Investor Arctos Inks $1.4B Deal To Be Acquired by KKR
Dallas-based Arctos Partners, the largest institutional investor in professional sports franchises — with stakes spanning the NFL's Buffalo Bills, the NBA's Utah Jazz, and teams across MLB, NHL, and MLS — has agreed to be acquired by New York-based KKR…
Dallas-Based OpenKey Acquired by San Francisco’s Canary Technologies
Dallas-based OpenKey, a pioneer in using smart devices to unlock hotel rooms, has been acquired by San Francisco's Canary Technologies, a leader in hotel guest management technology. Founded in 2014, OpenKey helped pioneer mobile key access for hotels, resorts, and…
AT&T Completes $5.75B Acquisition of Most of Denver-Based Lumen Mass Markets Fiber Business
Dallas-based AT&T has closed its acquisition of substantially all of Lumen's Mass Markets fiber business for $5.75 billion in an all-cash transaction. When the deal was announced last May, AT&T said it would significantly expand access to AT&T Fiber in…
Dallas-Based Kofile Acquires HF Group’s ECS Conservation, Govt. Records Preservation & Digitizing Services
Dallas-based Kofile Technologies, which modernizes and digitizes local government records, has acquired Ohio-based HF Group's ECS conservation, government records preservation, and digitizing services businesses. HF Group is a recognized leader in the information industry, providing expert services in the care,…
Dallas-Based Kofile Acquires HF Group’s ECS Conservation, Govt. Records Preservation & Digitizing Services
Dallas-based Kofile Technologies, which modernizes and digitizes local government records, has acquired Ohio-based HF Group's ECS conservation, government records preservation, and digitizing services businesses. HF Group is a recognized leader in the information industry, providing expert services in the care,…
Datatruck (Irving, TX), a provider of freight marketplace logistics technology, raised a $12M Series A
Datatruck (Irving, TX) provider of an AI-native transportation management system (TMS) for long-haul carriers, has closed a $12 million Series A funding round led by Avenue Growth Partners, with participation from existing backers. The capital will be used to accelerate…
Dallas’ Advantis Medical Staffing Acquired by Florida-Based Adecco
Dallas-based Advantis Medical Staffing, a healthcare staffing company specializing in travel nursing and allied health, has been acquired by Jacksonville, Florida-based Adecco, a leading global workforce solutions provider. Terms were not disclosed. Adecco said the acquisition represents "a strategic expansion"…
Dallas’ OneRyan Global Acquires Controlling Interest in Mr Gatti’s Pizza
OneRyan Global LLC, the Dallas family office of businessman and philanthropist G. Brint Ryan, has acquired a controlling interest in Fort Worth-based Mr Gatti's Pizza. Terms were not disclosed. Brint Ryan will serve as chairman and Amanda S. Ryan as…
Dallas’ The Jarrell Company Acquired by Atlanta-Based Construction Resources
The Jarrell Company, a Dallas-based luxury appliance, plumbing, and lighting distributor with kitchen and bath showrooms serving builders, interior designers, and homeowners, has been acquired by Atlanta's Construction Resources Company LLC. Terms were not disclosed. President Eric Neel and his…
Dallas’ HR-Focused Enforce Merges With Paris-Based HR Path
Dallas-based HR information systems management company Enforce is merging with HR Path, a Paris-based global leader in HR consulting, digital transformation, and payroll outsourcing. Enforce specializes in the Dayforce global platform, which integrates payroll, HR, benefits, talent, and workforce management…
Dallas’ Solidion Gets U.S. Army Grant for Fiber-Based Battery System, Will Partner With UTD on Research
Dallas-based Solidion Technology (Nasdaq: STI) has been awarded a grant from the U.S. Army's Small Business Technology Transfer program to develop an advanced fiber-based electronic battery system built on a coaxial carbon nanotube yarn architecture. It is the company's third…
Dallas’ Realtor-Focused Empire Learning Acquired by California’s OnlineEd
Dallas-based realtor education company Empire Learning has been acquired by OnlineEd LLC, a subsidiary of Real Estate Business Services, the for-profit arm of the California Association of Realtors. Terms were not disclosed. Empire Learning has provided online real estate education…
VelaFi Raises $20M Series B to Expand Global Stablecoin Infrastructure
VelaFi, a stablecoin-powered financial infrastructure platform under Galactic Holdings, today announced the completion of its $20 million Series B financing, led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, existing shareholder BAI Capital, and other global investors. This…
With U.S. HQ in Dallas, Ireland’s H&MV Engineering Acquires Amarillo-Based Cooke Power Services
H&MV Engineering, a global provider of specialist high-voltage electrical engineering services based in Limerick, Ireland, has acquired Cooke Power Services, a power infrastructure company based in Amarillo. Terms were not disclosed. The company said its U.S. headquarters in Dallas, combined…
Masterplan Consultants CEO Acquires Dallas-Based USA Engineers
USA Engineers, a civil engineering and surveying firm serving North Texas with additional national support capabilities, has been acquired by real estate expert Dallas Cothrum, CEO of Masterplan Consultants. USA Engineers will operate as part of Cothrum's family of companies…
Buda Juice (Dallas, TX) raised approximately $23M in an initial public offering led by MDB Capital.
Buda Juice (Dallas, TX) (NYSE American: $BUDA), a pioneer of the new UltraFresh™ juice category for the supermarket fresh produce department with its cold-crafted, citrus juices, raised approximately $23M in an initial public offering led by MDB Capital. They provide…
Fort Worth’s VoidForm Products Acquired by Atlanta-Based White Cap
Fort Worth-based VoidForm Products, a leading manufacturer of products that protect concrete structures from damage caused by expansive, corrosive, and seismic soil conditions, has been acquired by Atlanta-based White Cap, a distributor of specialty construction supplies and safety products for…
Berkshire Hathaway Completes $9.7B Acquisition of North Texas-Based OxyChem
Berkshire Hathaway (NYSE: BRK-B) has completed its acquisition of Addison-headquartered OxyChem, a leading producer of essential chemistry with operations across the U.S., Canada, and Latin America, in an all-cash deal valued at $9.7 billion. OxyChem was formerly the chemicals business…
Plano-Based Stellus Rx Lands Strategic Investment From WindRose Health Investors
Plano-based Stellus Rx has received a strategic investment from WindRose Health Investors, a New York healthcare private equity firm, as the company scales its pharmacist-led approach to medication management. Financial terms were not disclosed. Stellus Rx operates a technology-enabled pharmacy…
DigitalXForce (Dallas, TX), an AI-native Governance, Risk, and Compliance (GRC) and Enterprise Security Risk Posture Management (ESRPM) company, raised $5M in strategic capital.
DigitalXForce (Dallas, TX), an AI-native Governance, Risk, and Compliance (GRC) and Enterprise Security Risk Posture Management (ESRPM) company, raised $5M in strategic capital from its seed investors, Innovating Capital, Kapital.io and and additional investors, achieving a $100M valuation. The funding…
Consensys (Fort Worth, TX), a leading global blockchain software company and foundational contributor to the Ethereum ecosystem, received an investment from C1 Fund Inc.
Consensys (Fort Worth, TX), a leading global blockchain software company and foundational contributor to the Ethereum ecosystem, received an investment from C1 Fund Inc., a publicly traded closed-end investment company providing public-market investors with exposure to late-stage digital-asset services and…
RMFG (Fort Worth, TX), a cutting-edge startup focused on AI-enhanced manufacturing, has successfully raised $4.5 million to bolster the revival of production in the United States.
RMFG (Fort Worth, TX), a cutting-edge startup focused on AI-enhanced manufacturing, has successfully raised $4.5 million to bolster the revival of production in the United States. Investors included Y Combinator, Day One Ventures, Soma Capital, along with angel investors Balaji…
Dallas’ Curve Biosciences Raises $40M for Its ‘Whole-Body Intelligence’ Disease Monitoring Platform
A Plano-born biotech founder has returned to North Texas to establish the headquarters for his company, Curve Biosciences, at Pegasus Park, the nationally recognized life science and biotech innovation hub in Dallas. Curve announced it has raised $40 million in…
PoobahAI Raises $2 Million Seed Round
Founded in July 2025 by Dana Love, PhD, Brendan Cooper, Mant Hawkins, and Leif Sørensen, PoobahAI is an AI-powered no-code platform designed to help creators and enterprises build decentralized applications, tokenized ecosystems, and AI agents without technical barriers. Its flagship…
Surgical Automations Announces Closing of $3.4 Million Oversubscribed Seed Round
Surgical Automations, a stealth-mode surgical-robotics company leveraging AI and automation to transform gastrointestinal endoscopy, announced the closing of its $3.4 million oversubscribed seed round, completed earlier this year. Surgical Automations is developing the Vāsuki Robotic System, a next-generation platform for upper and…
Dallas-Based Auto Loan Payoff Fintech EPIC Raises $10M Series A
Dallas-based auto industry financial technology company EPIC has raised $10 million in Series A funding in a round led by FM Capital, with participation from Automotive Ventures and other strategic industry investors. EPIC, which calls itself "the loan payoff clearinghouse…
McKinney-Based Uptiq.ai Raises $12M to Build AI Infrastructure for Financial Services
McKinney-based Uptiq.ai, a provider of AI infrastructure for financial services, has raised $12 million in a new funding round led by Silverton Partners with Live Oak Venture Partners, Tau Ventures, First Capital, and Green Visor Capital participating in the round.…
North Texas Angel Network Members Invest in Shower Stream, Nine members invested $115,000 in the startup
The North Texas Angel Network (NTAN), an accredited angel investor membership organization, announced that nine of its members have invested $115,000 in Shower Stream, maker of an IoT motion-activated smart shower that saves hotels water and energy. NTAN is dedicated…
North Texas Angel Network Members Invest in Glidance, Ten members invested $125,000 in the startup
The North Texas Angel Network (NTAN), an accredited angel investor membership organization, announced that 10 of its members have invested $125,000 in Glidance Inc. Glide is the world's first autonomous, self-guided mobility aid for people who are blind or have…
Dallas AI Startup MythWorx Closes $5M Seed Round, Valuing It at $100M
Dallas-based AI startup MythWorx has closed a $5 million seed funding round led by Eagle Venture Fund IV, Eagle Freedom Fund I, and Eagle Freedom Fund II, along with investment from other leading angel investors. A next-generation AI startup with…
Dallas-Based 3D Solar Tower Developer Janta Power Raises $5.5M Seed Round
Janta Power—a Dallas-based developer of innovative three-dimensional solar tower systems—has closed a $5.5 million seed round led by Los Angeles-based MaC Venture Capital, with participation from Atlanta's Collab Capital. The funding will be used accelerate the commercialization of Janta's patented,…
Dallas-Based 3D Solar Tower Developer Janta Power Raises $5.5M Seed Round
Janta Power a Dallas-based developer of innovative three-dimensional solar tower systems has closed a $5.5 million seed round led by Los Angeles-based MaC Venture Capital, with participation from Atlanta's Collab Capital. The funding will be used accelerate the commercialization of…
Avid Secures $6.5M Seed Round to Reimagine Fundraising for the Modern Nonprofit
The Dallas-based company pioneered the first AI-powered Fundraising Operating System to help nonprofits plan, personalize, and deploy campaigns faster. Avid, the first AI-powered Fundraising Operating System, today announced a $6.5 million seed round led by Silverton Partners, an Austin-based venture…
Dallas-Based Triplemoon, a Pediatric Mental Health Services Platform, Closes $3.5M Seed Round
Dallas-based digital health platform Triplemoon has closed a $3.5 million seed round led by New York-based Activate Venture Partners and Austin-based LiveOak Ventures. Triplemoon, which provides mental health services to pediatric patients and their families, said the funds will be…
Plano-Based, HR-Focused Aragorn AI Raises $4.3M Seed Round
Plano-based Aragorn AI has raised a $4.3 million seed round led by LiveOak Ventures, with participation from Dallas Venture Capital. This round brings Aragorn's total funding to $5.5 million and will accelerate product development and go-to-market growth, Aragorn said. Aragorn—founded…
Cuban-Backed, Dallas-Based Yendo Raises $50M Series B To Fuel Its AI Credit Platform
Yendo—a Dallas company that offers the "first-ever" credit card secured by its customer's vehicles—has announced a $50 million Series B funding round. The new round includes investors Spice Expeditions, Autotech Ventures, FPV Ventures, Pelion Venture Partners, Mark Cuban, and Clocktower…
Dallas-Based Stablecore Raises $20M to Bring Stablecoins and More Into Banks and Credit Unions
Dallas-Based Stablecore Raises $20M to Bring Stablecoins and More Into Banks and Credit Unions. Dallas-based fintech Stablecore has received $20 million in funding, led by Norwest Venture Partners and with participation from Coinbase Ventures, Curql, BankTech Ventures, Bank of Utah,…
Dallas based VRGL, a Client Acquisition and Investment Proposal Management solution, completed a strategic fundraising round
RGL, a Client Acquisition and Investment Proposal Management solution, today announced the completion of a strategic fundraising round. The round was led by existing investors FINTOP Capital and MissionOG, with significant support from Northwestern Mutual, Flyover Capital, Fin Capital, and…
North Texas Angel Network (NTAN), an accredited angel investor membership organization, announced that 14 of its members have invested $300,000 in One Stop Wellness.
North Texas Angel Network (NTAN), an accredited angel investor membership organization, announced that 14 of its members have invested $300,000 in One Stop Wellness. The wellness platform helps companies create healthier and more productive workplaces. The startup offers customized wellness…
Dallas-Based Highway Raises Strategic Growth Investment to Accelerate Growth, Fight Freight Fraud
Dallas-based Highway, a scaling logistics technology company tackling fraud and compliance in freight brokerage, has secured a strategic growth equity investment led by FTV Capital, with participation from Lead Edge Capital. The minority investment, announced this week, will support Highway’s…
Batbox Scores Another $3M to Expand Its Topgolf-Style Baseball Beyond Restaurants
Addison’s Batbox launches its first Topgolf-style baseball venue in September—and soon its simulators may be in hotel lobbies and airports too, all connected through one digital network. Think Topgolf, but for baseball. That’s Batbox’s current model: full restaurants where groups…
FieldPulse Raises $50 Million Series C to Accelerate Growth, AI Innovation, and Customer Success in Multi‑Billion‑Dollar Market
FieldPulse, a leading field service management (FSM) software provider, today announced a $50 million Series C funding round led by Fulcrum Equity Partners with participation from Catalyst Investors. The round follows FieldPulse’s rapid 4x growth in just 21 months since…
With $4M Pre-Seed Funding, North Texas’ Humancore Launches ‘Multiplayer AI Advisor’ Platform
Humancore, a Plano-based startup founded in January 2024, has launched its Multiplayer AI Advisor platform—”a groundbreaking capability designed to help managers lead with greater clarity, adaptability, and impact.” The platform is said to be built for scale across mid-market and…
Amenities Health has filed a notice of an exempt offering of securities to raise $11,631,485.00 in New Equity Investment.
Amenities Health (Dallas, TX), a health system digital membership platform designed to acquire new patients, upgrade tools, and win loyalty through novel D2C memberships, has filed to raise $11.6M in new equity investment. According to filings with the U.S. Securities…
Smile Doctors, a Dallas, TX-based orthodontic support organization, raised over $550M in funding
Smile Doctors, a Dallas, TX-based orthodontic support organization, raised over $550M in funding. The round saw participation from doctors along with domestic and international healthcare investors. The company intends to use the funds to support the network in continuing its…
Dallas’ Billee Technologies Snags $9M+ to Fix Utility Billing for Multifamily With AI and Automation
Dallas-based Billee Technologies, a utility management platform for the multifamily industry, has closed a $9.15 seed financing round led by investors including the Park City, Utah-based, real estate-focused VC firm RET Ventures. The startup’s co-founder and CEO, proptech veteran and…
Billee Technologies Secures $9.15M in Seed Funding to Disrupt Utility Management for Multifamily
Billee Technologies, an industry-backed comprehensive utility management platform, today announced the completion of its Seed financing round. The $9.15 million round was led by strategic investors including RET Ventures, a venture capital firm shaping the future of the real estate…
Aiming To Be America’s ‘Rural IoT Network,’ Plano’s Emergent Connext Closes $5M Seed Round
Plano-based Emergent Connext, which calls itself the nation’s first carrier-grade rural IoT network and solutions integrator, has closed an oversubscribed $5 million seed funding round. Emergent said its seed round attracted a group of more than 20 agriculture and telecom…
Dallas’ DataBahn.ai Raises $17M Series A ‘To Redefine Enterprise Data Pipelines’
Dallas-based DataBahn.ai has raised $17 million in Series A funding in a round led by Forgepoint Capital, with participation from S3 Ventures and returning investor GTM Capital, bringing the startup’s total capital raised to $19 million. https://dallasinnovates.com/dallas-databahn-ai-raises-17m-series-a-to-redefine-enterprise-data-pipelines/
EtiraRx announced it raised $2.4 Million Seed round
EtiraRX, a Dallas-based developer of novel therapies for treatment-resistant cancers, raised $2.4 million in venture funding from undisclosed investors. https://www.fundz.net/fundings/etirarx-funding-round-8ab949
Caris Life Sciences Debuts on Nasdaq With $7.66B Valuation
A North Texas biotech with AI at its core is now a public company. Caris Life Sciences, founded in 2008 and headquartered in Irving, made its Nasdaq debut Wednesday under the ticker CAI, raising $494 million in its initial public…
E Motive Software announced it raised $2.75 Million Seed round
Founded in 2022, Emotive, raised a $2.75M Seed round. The ERP software is designed for the auto sales and independent finance industry with AI-driven automation. https://www.fundz.net/fundings/emotive-software-funding-round-43d4e2
Zevo Secures $6M for EV Sharing Platform
Zevo, the first peer-to-peer marketplace for electric vehicle (EV) sharing, has successfully raised $6 million in funding. The company will use the capital to expand its innovative contactless rental platform into major U.S. cities. https://theevreport.com/zevo-secures-6m-for-ev-sharing-platform
Dallas-based xpflow raises $3.5m seed round
xpflow, a provider of an AI-powered operating system for affiliate management tasks, raises a $3.5M Seed round.
Dallas’ Signify Bio Launches With Oversubscribed $15M Financing, Partnership With UT Southwestern
Co-founded by Chief Scientific Advisor Daniel J. Siegwart of UT Southwestern and CEO RA Session II, Signify Bio said it harnesses the human body for the production of in situ protein therapeutics. The round was led by Actium Group with…
Aerones Secures $62M in Oversubscribed Financing Round
Aerones, the world's leading provider of robotic inspection, maintenance, and AI-driven solutions for wind turbines, today announces that it has secured $62 million in capital in a significantly oversubscribed financing to accelerate its global expansion and technology development. https://aerones.com/aerones-secures-62m-in-oversubscribed-financing-round/
OncoNano Medicine raises $12.7m Series B funding round
Dallas-based OncoNano, raised a $12.7 million Series B venture funding from undisclosed investors. The company is developing a nanotechnology platform to enhance the effectiveness of cancer therapies in acidic tumor environments.
Irving-based Datatruck raises a seed round from Domino Ventures
Datatruck is a next-gen AI-powered freight logistics platform that automates operational and financial workflows, reducing manual tasks by up to 60%. https://www.linkedin.com/posts/datatruck_dominoventures-dominoeffect-datatruck-activity-7322633997430202368-Gak4/
Dallas Defense Tech Co. Adyton Announces $11M Funding Round, $7M Navy Contract
Dallas-based Adyton—whose technology digitizes and automates Department of Defense operations—has announced an $11 million funding round. The round was led by Venrock with participation from Khosla Ventures, Liquid 2 Ventures, Alumni Ventures, Initialized Capital, Kindred Ventures, and Leblon Capital. Adyton…
Dallas-Based EoS Fitness Acquired by San Francisco’s TSG Consumer
Dallas-based gym operator EoS Fitness is being acquired by San Francisco’s TSG Consumer Partners, a specialist private equity firm focused exclusively on the consumer sector. https://dallasinnovates.com/dallas-based-eos-fitness-acquired-by-san-franciscos-tsg-consumer/
Dallas Insurance Innovator Bestow Closes $120M Series D Fundraising Round
Dallas-based insurance technology company Bestow Inc. has closed a $120 million oversubscribed Series D funding round, including primary and secondary investments. The round was co-led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital. In addition to the…
Dallas-Based UNION Launches From Stealth With $50M and ‘Factories-asStockpile’ Defense Manufacturing Mission
With its first autonomous robotics-powered munitions factory and initial line "underway" in Dallas, UNION Technologies has a big goal: "Reforge the West's backbone" and win wars "without firing a shot." It aims to do this with software-driven "super-factories" that can…
Dallas’ Spark Biomedical Raises $15M Series A to Advance Its Wearable Neurostimulation Therapies
Dallas-based Spark Biomedical, an innovator in drug-free wearable neurostimulation technology, has closed its $15M Series A fundraising round. Led by Waco-based WAVE Ventures and supported by New York’s Pathway to Cures, the funding will accelerate Spark’s development of its bioelectronic…
UT Southwestern Spinout Emerges From Stealth With $5.6M to Push ‘First in Class’ Neuroprotective Therapy Into the Clinic
GenrAb, a biotechnology startup based at Pegasus Park in Dallas, has raised $5.6 million in seed funding to advance what it describes as a “first-in-class” therapy designed to help brain cells survive—using naturally occurring antibodies discovered in the spinal fluid…
Morrison Seger Venture Capital Partners invests in Fort Worth based Lyx
Lyx is canine hydration mix company https://www.linkedin.com/posts/morrison-seger_morrisonseger-lyxhydration-venturecapital-activity-7317577643573293057-kRpQ/
Shush Closes Oversubscribed $3 Million Seed Round, Poised for Global Growth
Shush Inc., a leader in Network Authentication solutions, is proud to announce the completion of its $3 million oversubscribed seed round. Amid growing global demand for secure and scalable authentication, this funding marks a pivotal moment in the company's journey…
North Texas Clean Energy Infrastructure Co. Caban Raises $50M to Power Growth
Plano-based Caban has raised $50 million in new equity funding from existing investors that it said will fuel its continued expansion and the deployment of fully-financed Energy-as-a-Service (EaaS) projects under long-term contracts. Founded in 2018, Caban is a leader in…
On-Demand Pay Provider Tapcheck Raises $25M Series A Extension, $200M Debt Funding
Plano-based on-demand pay provider Tapcheck has raised $225 million in combined equity and debt financing, the company announced. The funding includes a $25 million Series A extension round led by existing investor PeakSpan Capital and a $200 million credit facility…
– FreshRealm Secures $15M to Revolutionize Global Food Service with Its Innovative FaaS Platform
FreshRealm, a pioneering Food-as-a-Service (FaaS) company that is revolutionizing the food system, is thrilled to announce that it has raised $15,000,000 in its latest funding round. This significant infusion of capital underscores investor confidence in FreshRealm's innovative platform, which supports…
As Its Valuation Nears $5B, Dallas-Based Island Details Its $250M Series E Raise
Coatue Management led the new funding, with several existing Island investors also participating. Island has raised roughly $730 million in outside investment to date amid rapid adoption of its Enterprise Browser, which was launched in February 2022 when the company…
Peyton Manning Among Investors in Good Good Golf’s $45M Funding Round
Prosper-based golf, media, and lifestyle brand Good Good Golf has received a $45 million funding round led by Creator Sports Capital, a newly formed investment firm founded by Benjamin Grubbs and Brian Kabot. https://dallasinnovates.com/peyton-manning-among-investors-in-good-good-golfs-45m-funding-round/
Dallas Startup DirectH2 Lands Seed Round to Commercialize Rice University’s Breakthrough Hydrogen Tech
Backed by HL Energy Ventures, the Hunt Energy spinout, DirectH2 holds exclusive rights to Rice’s IP for modular hydrogen production—and aims to reshape clean energy. Dallas-based hydrogen technology company DirectH2 has closed its seed round funding from HL Energy Ventures,…
North Texas’ VitalTech Acquired by Virtual Health Company CoachCare
Carrollton-based remote patient monitoring company VitalTech has been acquired by New York-based CoachCare, a remote patient monitoring and virtual health company, for an undisclosed amount. https://dallasinnovates.com/north-texas-vitaltech-acquired-by-virtual-health-company-coachcare/
Dallas-Based WATTER Snags $5M Seed Funding To Repurpose Waste Energy to Heat Water in Homes, Businesses
A spinout from Dallas' Hunt Innovative Technologies, WATTER's high-tech water heaters enable cloud computing to "generate revenue while heating your water, delivering net zero computing." The solution aims to reduce demand on the grid while "bringing economic value to homeowners…
Plano-Based Brother’s Bond Bourbon Announces $7.5M Funding Round
Brother’s Bond Bourbon, the award-winning, Plano-based American whiskey brand, has closed a $7.5 million funding round. The brand was founded by on-screen brothers, whiskey makers, and real-life friends Ian Somerhalder (The Vampire Diaries, Lost) and Paul Wesley (The Vampire Diaries,…
Dallas-Based Lithium Ion Battery Materials Startup ACT‑ion Raises $7.5M
ACT-ion Battery Technologies, a Dallas-based startup in the lithium-ion battery cathode active materials field, has closed its $7.5 million Pre-Series A funding round led by BASF Venture Capital. Also participating in the round were Hunt Energy Enterprises, Mirae Asset Capital,…
India- and Dallas-Based SuperOps Raises $25M Series C, Enters IT Market
SuperOps—an AI-driven IT platform transforming operations for IT service providers and internal IT teams—has raised $25 million in Series C funding led by March Capital, with participation from existing investors Addition and Z47. Headquartered in Chennai, India, with a U.S.…
Dallas- and Tel Aviv-Based Cybersecurity Platform Launches with $25M, Harnesses Agentic AI
Backed by SYN Ventures, Picus Capital, and others, Conifers.ai says its CognitiveSOC platform enables customers to use agentic AI as a "force multiplier" to rapidly investigate security incidents at scale with the tools and portals they already have. https://dallasinnovates.com/dallas-and-tel-aviv-based-cybersecurity-platform-launches-with-25m-harnesses-agentic-ai/
Population Health Platform Percipio Health Launches in North Texas with $20M Raised
Plano-based Percipio's platform uses AI and a smartphone—without medical devices—to collect "whole-person health signals" for real-time assessments that identify current and predictive health risks. https://dallasinnovates.com/population-health-platform-percipio-health-launches-in-north-texas-with-20m-raised/
Dallas-Based DataBank Gets $250M Equity Investment from TJC, Announces $600M Secondary Share Sale
Dallas-based DataBank has announced a $250 million equity investment from New York-based TJC LP, as well as a $600 million secondary share offering. "We're delighted to have TJC join our investor group," DataBank CEO Raul K. Martynek said in a…
Dallas’ Colossal Biosciences Becomes Texas’ First Decacorn, Securing $10.2B Valuation With Series C Funding
Best known for its moonshot mission to revive the woolly mammoth, Colossal Biosciences has secured $200 million in Series C funding led by TWG Global. The world's first de-extinction company, founded in 2021 by entrepreneur Ben Lamm and renowned Harvard…
Access Healthcare Announces Growth Investment from New Mountain Capital
Access Healthcare, a leading technology-enabled platform for revenue cycle management (RCM), today announced a strategic investment from affiliates of New Mountain Capital, LLC ("New Mountain"), a leading growth-oriented investment firm with approximately $55 billion in assets under management. This investment…
Motorola Solutions to Acquire North Texas-Based Theatro Labs, Expanding AI-Powered Solutions to New Industries
Motorola Solutions has agreed to buy Richardson-based Theatro Labs Inc., a maker of AI and voice-controlled communication and digital workflow software for frontline workers. "For more than a decade, we have been passionate about innovating for frontline workers," Theatro President…
Firehawk Lands $60M for 3D Printed Rocket Fuel, Backed by 1789 Capital—and Donald Trump Jr.
Firehawk Aerospace, a Texas company redefining rocket propulsion with 3D printing, has raised $60 million in a Series C round led by venture capital firm 1789 Capital, where newly appointed partner Donald Trump Jr. is playing a role in the…
Plano-Based Mili, an AI Meeting Assistant for Wealth Management Firms, Emerges from Stealth With $2M
Plano-based Mili—an AI meeting documentation platform for wealth management firms—has emerged from stealth after raising $2 million in seed funding led by Chiratae and BoldCap. Also participating in the round were Sparrow Capital, SFMG Wealth Advisors, Gregg Fisher (Quent Capital),…
BILT Secures $21 Million Series B Funding to Scale 3D Instructions Platform
BILT Incorporated, the leader in 3D Intelligent Instructions, has closed a $21 million funding round, led by Austin-based Silverton Partners with participation from Amex Ventures, Fifth Growth Fund, and Silicon Valley Bank. The funding will be used to expand operations…
Secretome Therapeutics Closes $20.4M Financing Round to Advance Heart Therapies
Baltimore-based Secretome—which has a presence at BioLabs at Pegasus Park in Dallas and offices in Plano—said the financing will enable it to initiate clinical trials for its lead asset, STM-01, and further advance its drug development pipeline. https://dallasinnovates.com/secretome-therapeutics-closes-20-4m-financing-round-to-advance-heart-therapies/
Dallas’ Gig Wage Relaunches, Raises Additional $8.25M for Series A Extension
Dallas-based Gig Wage has announced a relaunch with new features and raised an additional $8.25 million for its Series A extension, bringing its funding to date to $20.2 million. Gig Wage, a payments platform exclusively for the gig economy, said…
Ruckus Games raises $19M for ‘suburban invasion’ RPG shooter with disruptive multiplayer
Plano based Ruckus Games has raised $19 million in funding to disrupt the multiplayer gaming landscape with an RPG shooter. Still under wraps, the debut title will be a third-person, cooperative, session-based RPG shooter, with a unique blend of style,…
Dallas-Based Scalp & Hair Health Brand Divi Snags Minority Investment from California VC Firm
Dallas-based Divi Scalp & Hair Health has secured a minority investment from Norwest, a Menlo Park, California-based venture capital and growth equity investment firm. The new funding will fuel Divi's international expansion and domestic scale in key metro areas, and…
Dallas based Conflixis, Inc. announced a $4.2 million seed round
Dallas based Conflixis, Inc. announced a $4.2 million seed round co-led by Lerer Hippeau (the fund founded by BuzzFeed's former chairman Kenneth Lerer) and Origin Ventures, with mark vc, Springtime Ventures, and pre-seed investor Cretiv Capital participating. https://techcrunch.com/2024/11/08/how-ai-startup-conflixis-is-protecting-hospitals-from-corrupt-doctors/
North Texas ‘Fabless’ Semiconductor Company ENGIN‑IC Acquired by MACOM
Plano-based ENGIN-IC has been acquired by Lowell, Massachusetts-based MACOM Technology Solutions Holdings, a supplier of semiconductor products. ENGIN-IC is a fabless semiconductor company that designs advanced Gallium Nitride monolithic microwave integrated circuits (MMICs) and integrated microwave assemblies. The company also…
Platform for Hotel Owners Raises $2.2 million
Frisco-based StayNow was started to support independent hotel owners who can feel pressure from larger corporate brands and rising costs. The round was led by Fountane, Minnesota based venture studio, with participation from UXReactor and Founders Romal Jayswal and Siddharth…
ContraForce Closes $3M+ Seed Round
The security services delivery platform now has a total of $5.25 million in investment dollars. The recent round, totaling $3.25 million was co-led by GALLOS Ventures and DataTribe. The company said the funding enables ContraForce's mission to automate security operations.…
North Texas-Based Redwood Software To Be Acquired by Austin and New York PE Firms
Frisco-based Redwood Software, a global provider of automation fabric solutions, is being acquired by funds affiliated with Austin's Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, and New York's Warburg Pincus, a…
Frisco-Based Cloud Communications Company TeleCloud Acquired by Austin’s Davenforth
Frisco-based TeleCloud and Pennsylvania-based Third Generation have been acquired by Austin-based joint family office Davenforth as it launches a new managed IT, voice, and networking platform with these acquisitions. Terms of the acquisitions were not disclosed. As a result of…
OxeFit, an AI-driven health and fitness experience company, announced a $17.5M round of funding
OxeFit, leaders of AI-driven health and fitness experiences, today announced Dave Asprey and Anne Mahlum as investors in the company's latest $17.5M round of funding, bringing the total to over $70M, to date. With continued interest from entrepreneur and professional…
North Texas’ LiquidStack Secures $20M Series B to Scale its Liquid Cooling for Data Centers
LiquidStack, a Carrollton-based global provider of liquid cooling for data centers, has secured a $20 million Series B extension investment from New York City-based investment firm Tiger Global. The investment brings LiquidStack’s total Series B funding round to $35 million.…
With $7M in Seed Funding, Dallas-Based Harbor Begins Shipping Its Smart Baby Monitors Nationwide
Along with with an elevated seed funding round, Dallas-based infant care tech pioneer Harbor announced the nationwide shipping of its advanced baby monitoring system, which offers parents "greater control, privacy, and security" without relying on internet. Harbor said it has…
The Yadot Group to Acquire Experiential Agency Socials Dallas
Dallas-based advertising services firm The Yadot Group—whose far-flung acquisition strategy includes the recent addition of Milan, Italy's JetSet Productions and NYC-based Outside People—has scoped out a prize in its own back yard. The Yadot Group has agreed to acquire Socials…
DFW-Based ‘Data Warehouse for Lenders’ Gestalt Tech Raises $5.9M Seed Round
Flower Mound-based Gestalt Tech, a unified data ecosystem that accelerates insights and AI adoption for lenders, has announced a $5.9 million seed round led by Alpha Edison and Yamaha Motor Ventures, with participation from others including Alloy Labs, Newtype Ventures,…
Children’s Health, Investing Partners Back Pieces Technologies With $25M to Advance AI in Hospital Care
Irving-based AI research and development firm Pieces Technologies Inc. has completed a $25 million growth financing round. The company, whose technology supports inpatient care teams, said the round consists of new equity and the conversion of notes. It garnered significant…
Plano-Based Illuma Labs Raises $9M Series A to Fuel Voice Verification Solutions for Banking Fraud
Plano-based Illuma Labs, a fintech that provides advanced voice authentication technology to banking contact centers, has raised $9 million in Series A funding led by LiveOak Ventures, with participation from Forefront Venture Partners, Curql Fund, UsNet, Capital Factory, Connexus, and…
Dallas’ Applied Digital Gets $160M Strategic Financing from NVIDIA, Related Companies, and Other Investors
Applied Digital, a Dallas-based designer, builder, and operator of next-generation digital infrastructure designed for high-performance computing (HPC) applications, has secured a $160 million strategic financing via a private placement—priced at market—from institutional and accredited investors, including California-based chip giant NVIDIA…
Dallas-Based Deposits Inc. Snapped Up by Ingo Payments to Boost Modern Money Mobility for Banks and Brands
Deposits Inc., a cloud-based banking platform known for its low-code/no-code banking software tools and infrastructure, has been acquired by Ingo Payments, a financial services provider based in Alpharetta, Georgia. The deal, which closed on August 30, adds Dallas-based Deposits' software…
Cypress Growth Capital Invests in AirSight
Cypress Growth Capital is pleased to announce our investment in AirSight, a Dallas-based provider of an integrated software and hardware solution for detecting, tracking, visualizing, and thwarting airborne drone threats. Historically, security has focused on land-based perimeters. However, with the…
Addison-Based BioStat Imaging Acquired by Houston Company
Addison-based BioSTAT Imaging, a mobile imaging provider, has been acquired by Houston-based Principle Health Systems. Principle provides mobile lab services to long-term care facilities throughout the state. Terms of the deal were not disclosed. "Joining forces with Principle Health Systems…
North Texas’ Varsity Brands Acquired in Reported $4.75B Deal by NY‑Based KKR
Varsity Brands—the Farmers Branch-based leader in academic apparel and memorabilia—has been acquired by global investment firm KKR from Bain Capital and Charlesbank in a deal Reuters reported at $4.75 billion. “Today is a pivotal moment for Varsity Brands as we…
Amid ‘Private Credit Boom,’ Dallas Fintech Siepe Lands $30M Series B to Expand Tech-Enabled Solutions
Siepe LLC, a Dallas-based provider of software and technology-enabled services for private credit and CLO managers raised $30 million in Series B funding. “The new capital will help us continue our momentum in deploying integrated solutions and best-in-class service for…
Dallas-based, Bitcoin using Network Raises $6M+
Dallas-based Corn, a new Ethereum layer-2 (L2) network that uses a tokenized version of Bitcoin for gas fees and economic incentives on the network, raised $6.7 million, led by Polychain and HTX. Corn launched on Aug. 19 with the goal…
Dallas-Based GetChkd Gets $1.7M AFWERX Contract To Advance Defense Dept. Blockchain Adoption
Dallas-based GetChkd Inc. has been selected by AFWERX for a $1.7 million STTR Phase II contract focused on blockchain infrastructure, addressing one of the Air Force's most pressing challenges, the company announced. "The opportunity to extend the use of our…
Fort Worth’s Energy Domain Closes $5M Series A Round as It Works to Finalize Oil & Gas Data Platform
Energy Domain—an online marketplace that aims to revolutionize the oil and gas asset transaction process—has announced the close of its $5 million Series A funding round. The startup, based in Fort Worth, aims to revolutionize the oil and gas asset…
Memorial Hermann backs $14M funding round for value-based care company
Houston-Based Memorial Hermann leads seed-funding round for Guidehealth, a health-services platform that partners with health systems and networks to enhance care, based in Dallas. "We invested in Guidehealth because we believe in their vision to improve health outcomes while lowering…
Batbox ‘Eatertainment’ Venue To Open in Addison after Securing $7.3M Series A
Always wanted to test your skill in the batting cage without driving to a ballpark? Batbox, which opened its first U.S. location in DFW, and 13 venues across Mexico, is now planning its U.S. expansion, after closing a $7.3 million…
$2.88M for Southlake Revenue Cycle Management Software Startup
Southlake's LateralCare, a revenue cycle management platform for the healthcare industry, raised $2.88M of seed funding from undisclosed investors. The startup provides streamlined data management by centralizing healthcare data and uses specialized large language models to enhance clinical coding accuracy…
Irving-Based GSM Outdoors Acquired by Beverly Hills PE Firm Platinum Equity
GSM Outdoors, a leading outdoor and consumer sporting good company with a portfolio of more than 50 brands, has been acquired by Platinum Equity from Gridiron Capital. GSM Outdoors equips customers with branded consumables, accessories, and high-quality gear for a…
Edtech startup ByteXL with office in Lewisville, bags $5.9 million in funding
Edtech firm ByteXL, which has locations in Lewisville & Hyderabad, India, raised $5.9 million in a funding round led by early-stage venture capital firm Kalaari Capital as the lead investor, along with the Michael and Susan Dell Foundation. The funds…
Grapevine’s Car Capital Technologies Secures a $70 Million Committed Warehouse Facility and Raises Equity Capital
Car Capital secured a $70 Million Committed Warehouse Facility provided by Westlake Capital Finance, LLC and Medalist Partners. Car Capital expects to expand this facility as originations continue to accelerate over the next several quarters and into 2025. This private credit financing…
Frisco Software Startup Acquired
Frisco-based aircraft maintenance software startup EmpowerMX was acquired by Industrial and Financial Systems for an undisclosed amount. IFS already manages maintenance, repair, and operations for providers and airlines and says this acquisition will bolster its aviation sector offering. IFS acquires…
Fort Worth’s SmartAction, Provider of AI‑Powered Virtual Agents to Contact Centers, Acquired
SmartAction – a Fort Worth-based startup, providing AI-powered virtual agents to contact centers has been acquired by St. Louis-based Capacity. SmartAction was launched in an apartment, in 2009 near L.A. Fort Worth's SmartAction, Provider of AI‑Powered Virtual Agents to Contact Centers, Is Acquired…
Southlake School Payment Startup Acquired
PayK12, based in Southlake, was acquired by Raptor Technologies. PayK12 is a cloud software platform designed to reduce risks and streamline school payments. With this acquisition, Raptor aims to simplify payment management for schools while ensuring the highest security and…
Nickelytics Completes Strategic Acquisition of Dallas-based On Touch Go
Dallas-based digital advertising platform, On Touch Go, has been acquired by Nickelytics, a leading provider of data-driven advertising solutions. "On Touch Go's innovative platform and talented team will be instrumental in accelerating our growth and expanding our market reach," said…
Dallas-based Yumlish Selected by CareQuest Accelerator
Dallas-based Yumlish, a startup that provides tech-enabled programs for diabetes prevention while balancing cultural traditions, as well as socioeconomic and lifestyle barriers, was one of six startups selected by CareQuest Innovation Partners in the company's SMILE Health program. SMILE Health…
Nada Names Board Member as New CEO, Secures Additional Seed Funding
Dallas-based startup, Nada, which wants to "unlock the trapped wealth within residential real estate," has appointed current board member Tore Steen as its new CEO and president. Nada also announced that it has secured new funding in a seed extension…
Grapevine’s Buchanan Technologies Acquires Dallas-Based Technology Spa
Grapevine-based managed IT and cloud services provider Buchanan Technologies has acquired Technology Spa, a Dallas-based cloud orchestration and enterprise productivity solutions provider. Technology Spa was founded 20 years ago as a hosting services division of a digital marketing company and…
Dallas Biotech, Osteal Therapeutics, Closes $50M Series D
Osteal Therapeutics, Inc, a clinical-stage biopharmaceutical company developing a new category of combination drug/device therapies for orthopedic infections, announced completion of an oversubscribed $50 million Series D preferred stock equity financing. Zimmer Biomet led the round, joined by returning investors…
Dallas Gets Bullish: Texas Stock Exchange To Launch with $120M, Locking Horns with NYSE & Nasdaq
Backed by more than two dozen investors including BlackRock and Citadel Securities, the TXSE Group plans to launch the Texas Stock Exchange – which will aim to be "more CEO-friendly." It says it will take on what it sees as…
Fispoke Receives Investment First Rate Ventures
Fispoke, an Arlington, TX-based WealthTech company, received an investment from First Rate Ventures. The amount of the deal was not disclosed. First Rate Ventures, the WealthTech corporate venture capital fund, provided guidance and is the lead investor in this initial…
Mavenir Gets Up to $75M Investment From ‘Existing Investor’
Richardson-based Mavenir—a cloud-native network infrastructure provider for the telecommunications services market—has announced raising “up to a $75 million investment” from an existing investor. President and CEO Pardeep Kohli said the money will position the company for growth and be leveraged to…
$110M Boost for Solutions by Text: Innovating Bill Pay with Real-Time Payments
Addison-headquartered, Solutions by Text (SBT), has raised $110 million in new growth financing, co-led by Edison Partners and StepStone Group, with Stifel Venture Bank providing a lending facility. The funds will support the company's pioneering work in FinText, integrating real-time…
With North Texas Ties, Subeca Raises $6M Series A to Scale Its IoT Water Technology
A San Diego startup that uses technology produced in Richardson, raised $6 million in Series A funding. "The funding will allow Subeca to rapidly scale to meet market demand for our flagship AMI solutions, particularly in small to medium sized…
Cuban-Backed Fintech Secures $165M to Drive Nationwide Expansion of Vehicle-Secured Affordable Credit
Dallas-based fintech Yendo has raised $165 million in debt and equity to expand its platform, which offers credit secured by car equity. This is the first-ever vehicle-secured credit card. The startup said it will use the financing to extend credit…
GameSquare spins off creator-focused FaZe Media, raising $11M
Frisco-based, FaZe Media, a spinoff of the FaZe Clan creators from esports company GameSquare, raised $11 million of angel funding from Matt Kalish, cofounder and president of DraftKings. This is the company's first invested capital. The gaming conglomerate backed by…
New Vehicle-Secured Credit Card Raises $165M
Yendo, a Dallas-based provider of a vehicle-secured credit card, raised $165M in debt financing. i80 Group provided $150M in debt financing while Yendo also raised $15M in equity from undisclosed strategic investors. Yendo Raises $165 Million for 'Vehicle-Secured' Credit Card…
Frisco’s Outpave Raises $1.2M in Seed Funding for Trade Business Spend Management
The new platform is tackling expense management in the construction and residential services sector. Its goal is to help small construction-focused businesses compete by controlling spend. Early in May, it announced the closing of a $1.2 million seed funding round,…
Regional Provider of Environmental Remediation Snapped up by Utah Company
Fort Worth-based CG Environmental has been acquired by Salt Lake City-based EnviroServe Inc., a national provider of environmental and waste management services and a portfolio company of One Rock Capital Partners. EnviroServe said the addition of CG Environmental's seven locations…
Dallas-Based OptMyCare Raises $3M in Series A Funding
Dallas-based OptMyCare, a clinically engineered AI platform in healthcare & risk management, has raised $3 million in Series A financing from what it called a "robust group of investors" led by Austin-based venture fund LiveOak Ventures. The startup said funding…
With $175M in new funding, Island is putting the browser at the center of enterprise security
Island, the enterprise browser company, announced a $175 million Series D investment, which increased its total raise to $487 million. The vision of the two founders is something that looks like a standard browser, but has better security to stop…
Backflip raises $15 million to help real estate investors flip houses
The startup announced raising $15 million in Series A funding, led by FirstMark Capital. Backflip offers a service to real estate investors for securing short-term loans, and helps investors source, track, comp and evaluate potential investments. FirstMark is known for…
Plano Healthcare Software Startup PX Technology Acquired by CareMetx
Plano-based PX Technology, founding in 2019 to digitize healthcare processes, has been acquired by Maryland-based CareMetx, a technology-enabled hub services platform that facilitates patient access to specialty medications. CareMetx said that via the acquisition, it wants to reshape the landscape…
Breaking, a ‘Plastic Degradation’ Startup, Emerges from Stealth with $10.5M After Gestating at Colossal
Plastic degradation and synthetic biology company Breaking has launched from stealth, after making a core discovery out of the Wyss Institute for Biologically Inspired Engineering at Harvard University. The startup determined market fit and business viability at Colossal, which achieved…
Cariloop Raises $20M Series C To Boost Growth and Expand Caregiver Support Solutions
Richardson-based Cariloop, a comprehensive caregiver support platform, has closed its Series C funding round, raising $20 million. The round was led by ABS Capital with participation from existing investors Noro-Moseley Partners, KCRise Fund, Revolution's Rise of the Rest Seed Fund,…
North Texas-Based StrikeReady Raises $12M for AI Security Command Platform
Richardson-based security solutions provider StrikeReady has received $12 million in Series A funding. The company is advancing the way modern security teams operate, and said it's revolutionizing cybersecurity with its vendor-neutral AI security operations platform. It's headquartered in North Texas,…
Dallas’ One Network Enterprises Acquired for $839M by Arizona-Based Blue Yonder
Dallas-based supply chain technology firm, One Network Enterprises, founded in 2022, has been acquired by Arizona-based Blue Yonder. One Network’s founder and former CEO, Greg Brady believes the new company will create the supply chain of the future. Dallas' One…
Home Depot Acquires McKinney-Based SRS Distribution for Over $18 Billion
SRS Distribution—one of the nation's leading distributors of roofing materials and building products, and based in McKinney, is being acquired by The Home Depot for $18.25 billion. The acquisition aims to "clear a pathway for accelerated growth with the residential…
North Texas-Based Blockhouse Digital Raises $2M To Launch Crypto Asset Management Firm
Asset management firm, Blockhouse Digital, which specializes in collateralized lending and yield-generating strategies in crypto, raised a $2M Seed Round from BlockFills along with various angel and VC investors. Blockhouse was founded in 2023 and has an office in Frisco.…
Frisco-Based Video Game Maker Gearbox Acquired for $460M
Frisco-based video game maker, Gearbox, acquired for $460 million by Take-Two Interactive Software … this, just three years after Gearbox was acquired by Sweden-based Embracer Group. Gearbox operates studios in Frisco; Montreal, Canada; and Quebec City, Canada. Frisco-Based Video Game…
Snaps Clothing secures 1.65 million US dollars in funding
A Dallas-based men's clothing brand on a quest to reinvent Western wear, has raised $1.65 million in seed money. Funding was led by Morrison Seger Venture Capital Partners. Additional investors include Jay Demarus from Rascal Flatts, Chris Harrision the 'Bachelor'…
Raising the Spirits: Sazerac Acquires North Texas-Based BuzzBallz, Pouring New Opportunities for Global Expansion
The woman-owned, family-operated distillery, winery, and brewery, BuzzBallz, was acquired by Sazerac – one of the world's largest spirits companies. Founder Merilee Kick will stay on as a partner and said she expects to keep growing the brand internationally as…
Dallas’ ParkHub and U.K.’s JustPark To Merge Alongside Strategic Growth Investment
Dallas-based ParkHub, a provider of parking management software and payments solutions, is merging with JustPark, to create a full-service parking software and payments solution for customers across North America and the U.K. ParkHub said it secured a strategic growth investment led…
DFW-Based RealTime Laboratories Acquired by Washington’s BioTek Laboratories
RealTime Laboratories, a pioneer in testing for hazardous toxins from mold, and based in Carrolton, has been acquired by US BioTek Laboratories. Terms of the deal were not disclosed. “By joining forces, we can provide our clients with a more…
Trive Capital Invests in Dallas-Based Formula Wellness, Which Gains New CEO and CFO
Private equity firm Trive Capital has invested into Formula Wellness, a Dallas-headquartered healthcare company that takes a personalized approach to wellness. It has key services across nutrition, hormone balance, and aesthetics with the goal of "improving patient longevity inside and…
Agora Data Reveals $400 Million In New Funding Capacity Raised
Agora Data, a Dallas fintech that aims to make any car dealer a finance company with technology, capital, analytics and more, announced raising $400 million in new funding capacity. Using artificial intelligence, Agora enables multi-point dealerships to set up their…
Fort Worth’s SquareDash Raises Total of Over $20M to Accelerate Growth of Its Contractor Payment Platform
Fort Worth-based payment advance platform SquareDash has raised over $20 million in total financing to accelerate growth, with its latest equity round led by FINTOP Capital. The company was founded in 2022 by U.S. Navy veteran Matt Fruge after he…
Spinning Success: Dallas Startup Tuned In Grading Acquired by Music Mogul Steve Aoki Just Two Years Post-Launch
Dallas-based startup Tuned In Grading has been acquired by Audio Media Grading (AMG), a company founded by music mogul Steve Aoki. The acquisition marks a milestone in the music collectibles industry, coming just two years after both companies spun up…
Dallas-Based Flip Flip Icon Hari Mari Raises $10M to Step Up Growth and Become a Household Name
Dallas-based Hari Mari plans to scale-up after raising $10 million. The investment was led by financial services entrepreneur Landon Smith, founder and former CEO of Dallas-based Riveron, a national business advisory firm. Additional participants include Montgomery Capital Advisors and DWBI…
Dallas-Based PPA Tour Closes Merger with Major League Pickleball, Backed by $75M
A unified professional pickleball holding company has been created by the merger of two leading organizations – Dallas-based Carvana PPA Tour, and Austin-based MLP by Margaritaville. And it's backed by a $75 million investment. More than 150 professional pickleball players—including…
Dallas’ Divcon Controls Snags Investment from Goldman Sachs Alternatives
Divcon, a Dallas-based systems integrator that provides automation and monitoring solutions, primarily to the mission-critical data center market, received a new investment from Sustainable Investing at Goldman Sachs Alternatives. Dallas' Divcon Controls Snags Investment from Goldman Sachs Alternatives » Dallas…
Sapience Analytics Receives Growth Investment
McKinney-based Sapience Analytics, which enables automated workforce analytics that helps enterprises optimize capacity announced a 'large new growth investment' from Kayne Anderson Growth Capital. The company intends to use the funds to expand operations and its business reach. Sapience…
Dallas Smart Baby Monitor and Remote Night Nanny Startup Raises $3.7M
Infant care tech startup, Harbor, raised $3.7 million in seed money, led by Trust Ventures. The startup created a smart baby monitor, with local and remote access that streams with or without an internet connection, has split-screen capabilities, and smart…
North Texas-Based Roofer.com Raises $7.5M for Its Drones & AI-Based ‘Modernized Roofing’
Raising the roof, and raising a seed round … Roofer.com, a Dallas-based AI company that relocated to Dallas from San Francisco in 2022, raised $7.5 million in seed money from Mucher Capital, with participation from Soma Capital, HF0, Asymmetric Capital…
UpSmith Powers Its New Skilled Workforce Tool ‘Boost’ With $5M Raise
A Dallas-based startup aimed at curbing skilled labor shortages in trades businesses announced a $5 million capital raise. UpSmith wants to help fill more than 1.3 million openings in construction and manufacturing, “We can source, screen, train, and deploy a…
Dallas-based Legal AI Startup Raises $100K
Legalyze.ai, an AI legal tech startup in Dallas, that promises to streamline the document review process, raised $100 thousand in angel funding from Payment Ventures. Legalyze.ai Raises $100K in Angel Funding (finsmes.com)
Dallas’ CheckSammy Gets $45M Strategic Investment to Expand Waste Diversion from Landfills
CheckSammy, a nationwide provider of on-demand, same-day bulk waste removal and bespoke sustainability services based in Dallas, announced a $45 million strategic investment. Squared Capital, with Zero Infinity Partners led the equity round. CheckSammy also entered a growth capital and…
Optym Announces Investment from Venture 53
Optym, a Dallas-based company that provides software solutions to the transportation industry to improve efficiency, received a strategic investment from Venture 53 – an industry-focused transportation and logistics fund. Venture 53 Announces Strategic Investment in Optym
Dallas Fintech CollateralEdge Gets Strategic Investment from New York Investment Firm
Dallas-based fintech, Collateral Edge, received investment from Phalanx Impact partners. The company focuses on addressing the challenges that small and middle-market businesses face in securing debt financing. The company is industry agnostic and can support loans as small as $250,000.…
Dallas’ Rone Engineering Acquired by California-Based RMA Companies
Founded in 1972, Rone Engineering, which provides technical and practical solutions for public and private clients in areas like transportation, commercial, and residential projects – has been acquired by RMA Companies. “The addition of Rone to the RMA family marks…
RealCold Acquires Denton-Based Forte Frozen to Strengthen Its National Cold Chain Footprint
Denton-based Forte Frozen -- a leader in national temperature-controlled warehousing and fulfillment services -- has been acquired by RealCold, the Florida-headquartered cold storage provider, for an undisclosed amount. The transaction gives RealCold five currently operational, high-throughput facilities in strategic markets…
Dallas’ Orion Communications Acquired by Chicago Company
Dallas-based Orion Communications, a leader in operational workforce management SaaS software for public safety, has been acquired by FieldWare, a Chicago-headquartered provider of criminal justice solutions for judicial and community supervision agencies. “At FieldWare, our mission has always centered on…
Fort Worth’s Hahnfeld Hoffer Stanford Architects Acquired by Louisiana Firm
Hahnfeld Hoffer Stanford, one of the largest regional independent architecture firms with clients primarily in the education space, and based in Fort Worth -- has been acquired by Louisiana firm, Grace Hebert Curtis. CEO Jerry Hebert said in a statement,…
Dallas-Based Invited Sells Its BigShots Golf Business
Dallas-based lifestyle company, Invited, has sold the virtual reality golf entertainment company it acquired just five years ago. BigShots – which combines VR, food, and drinks – has been sold to Topgolf Callaway for $29 million dollars. "We will remain…
Dallas-Based Spirit Realty Capital Acquired in $9.3 Billion Deal
Dallas-based Spirit Realty Capital is being acquired by Realty Income Corporation, based in San Diego. Spirit Realty is a leading net-lease real estate investment trust (REIT) that primarily invests in "single-tenant, operationally essential real estate assets" subject to long-term leases.…
Spaeth Communications Acquired by Sunwest
Spaeth Communications – a Farmer's Branch public relations firm, founded in 1987 – has been acquired by Sunwest Communications for an undisclosed amount. Founder, Merrie Spaeth, will join the Sunwest team, leading communication training services which includes spokesperson and witness…
Dallas Health Startup Acquired by Life Insurance Company, Globe Life
Evry Health, a B2B "mobile-first" health insurance company, was acquired by Globe Life Inc. less than two years after it came out of stealth. "Evry Health has been on a mission to use today's technology to build a better health…
Dallas Electronic Payments Provider Finical Acquired by Tennessee Company
Finical was founded in 2012 to provide small- and medium-sized businesses with tailored payment solutions that enable owners to eliminate up to 100 percent of their credit card processing fees. Founder Aaron Nasseh said says this is an exciting next…
Irving Multifamily Developer JPI to be Acquired by Japanese Forestry Co.
Irving-based JPI, a developer of multifamily communities, is being acquired by Sumitomo Forestry America Inc., a comprehensive housing and wood products subsidiary of Sumitomo Forestry Co. Ltd. JPI said it will maintain management over all assets currently under construction until…
Dallas-Based Cybersecurity Provider Vector0 Acquired by Stratascale
Dallas-based cybersecurity solutions provider Vector0 has been acquired by Austin's Stratascale, a move that Stratascale said gives its team and customers "unrivaled" visibility of attack vectors and points of vulnerability. Vector0 uses continuous internet scans to identify assets, unify vulnerability…
$1.2 Billion Dollar Acquisition for Dallas-based provider of tax-focused wealth management services
Avantax, a Dallas-based provider of tax-focused wealth management services and software, entered into a definitive agreement to be acquired by Cetera Financial Group, via its financial sponsor Genstar Capital, for approximately $1.2B.The company has a market cap of approximately $940M.…
Dallas-Based Fund Formation Group Acquired by Cleveland Firm
The Fund Formation Group—a Dallas-based firm founded in 2020 that operates fund structures for registered investment advisors (RIAs) and wealth advisors—has been acquired by GLASfunds, a turnkey alternative investment platform and alternative asset management firm based in Cleveland, Ohio. Founder…
Dallas-Based MobileComm Acquired by California Company
Dallas-based global telecom engineering firm MobileComm has been acquired by UST, a leading IT services company based in California. UST said the acquisition and integration of MobileComm's more-than 1,300 employees will "significantly strengthen" its telecommunications practice and position the company…
Plano Restaurant with Brazilian Roots Acquired
Plano-based Fogo de Chão announced it will be acquired by Bain Capital Private Equity to accelerate its growth and expansion. Fogo, an internationally renowned restaurant brand from Brazil, said it will continue to operate under its current management team, led…
Fort Worth’s National Presort Acquired by Illinois Packaging Company
National Presort LP, a Fort Worth-based manufacturer of technology that sorts packages automatically has been acquired by Duravant LLC, a global company based in Illinois. NPI was founded in 1977 and has served eCommerce, courier, parcel post, warehouse and fulfillment…
Dallas Skincare & Beauty Device Company BeautyBio Acquired by Utah-Based Rhyz
BeautyBio, a Dallas-based leader in skincare and beauty devices, has been snapped up by Rhyz Inc., a Utah-based subsidiary of Nu Skin Enterprises Inc. BeautyBio was founded by Jamie O'Banion in 2011 and combines efficacious, award-winning skincare with patented beauty…
Dallas’ Omni Logistics To Merge with Forward Air After Companies Earned $3.7B Revenue Over 12 Mos.
In a deal involving two logistics industry stalwarts, Dallas-based Omni Logistics and Tennessee-based Forward Air Corp. have agreed to merge their companies in a cash and stock transaction, creating a combined operation that generated roughly $3.7 billion of combined adjusted…
Dallas’ Fiesta Restaurant Group To Be Acquired for a Reported $225M
Dallas-based Fiesta Restaurant Group—parent company of the Pollo Tropical restaurant brand—is being acquired by New York-based Authentic Restaurant Brands, a portfolio company of Garnett Station Partners. The all-cash transaction totals $225 million, according to the Wall Street Journal. Pollo Tropical had…
Dallas Fintech Startup IndyFin Acquired by WiserAdvisor
Dallas-based fintech Indyfin has been acquired by WiserAdvisor, a Virginia-based investor referral generation platform for financial advisors and advisory firms. Founded in 2018, Indyfin launched the platform in 2022. The startup was a finalist at The Innovation Awards 2023 from…
Biogen To Acquire Plano-Based Biotech Reata Pharmaceuticals
Plano-based global biotech company Reata Pharmaceuticals Inc. is being acquired by Biogen Inc. in a deal valued at roughly $7.3 billion. It's an all-cash deal for $172.50 per share, the companies said. Reata, which was founded in 2002, said it…
Last-Mile Delivery: Plano’s PICKUP Now Merges with Connecticut-Based Company
Plano-based PICKUP Now is merging with Point Pickup Technologies, a leading provider of enterprise-only, retail-branded fulfillment and delivery services. PICKUP is an enterprise-grade, last-mile delivery service focused on larger item delivery and assembly. The companies said their strategic partnership creates…
Dallas-Based TRIPBAM Acquired by L.A. Business Travel Management Firm
TRIPBAM, a Dallas-based online hotel reservation platform, was acquired by Emburse, a Los Angeles-based leader in travel and expense management, via its financial sponsor K1 Investment Management for an undisclosed amount. TRIPBAM investors include Jaws Ventures and Thayer Ventures. Founded…
Dallas’ o9 Solutions Raises $116M in Latest Funding Round for a $3.7B Valuation
O9 Solutions, a Dallas-based AI software platform provider for transforming planning and decision-making for global enterprises, announced that its existing investors, led by General Atlantic’s BeyondNetZero invested an additional $116M in the Company. Existing investors KKR and Generation Investment Management…
Dallas Fintech Zippy Gets Growth Investment from Brand Foundry, Hires B2B2C Growth Veteran
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 on…
Loopback Analytics Announces Strategic Growth Investment to Expand Offerings to Health System, Life Sciences Organizations
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
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
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
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
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 members…
Mavenir Raises $100M to Accelerate Innovation and Sustainability in Telco Networks
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 Kohli says…
Irving Mobile Healthcare Firm MedArrive Gets $8M in Funding To Help Reduce ER Visits, Hospitalizations
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
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
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
Axis Security, a Plano-based cloud security platform, was acquired by Hewlett-Packard (NYS: HPQ) for $500M
Axis Security, a Plano-based cloud security platform, was acquired by Hewlett-Packard (NYS: HPQ) for $500M. The company had raised approx. $103M from investors including Spark Capital, Ten Eleven Ventures, Canaan Partners and Cerca Partners. Read more at HelpNetSECURITY
Frisco Startup Homz Raises $50M in Funding for ‘Wellness-Centric’ Multifamily Housing
Homz, a Frisco-based startup that says it’s the first national housing company to develop “wellness-centric” multifamily communities, announced Wednesday that it has raised $50 million in pre-seed funding. The round was led by Nanban Ventures, a Dallas-based venture capital firm…
Park Cities Asset Management Acquires Elevate Credit Inc. for $67M
Elevate Credit, a Fort Worth-based provider of online credit solutions, was acquired by Park Cities Asset Management for $67M. The company went public in 2017 at a valuation of $257M … read more at Dallas Innovates.
Callbox Storage, a Dallas-based storage and logistics platform, raised $6.8M of venture from undisclosed investors.
Callbox Storage, a Dallas-based storage and logistics platform, raised $6.8M of venture from undisclosed investors. The company has raised approx. $17M to date. SEC FORM D/A
FYR Medical Raises USD 2.6M Series A Funding
FYR Medical, a Fort Worth, TX-based medical device company, raised $2.6M in Series A funding. The round was led by NuVasive, which was joined by other firms and individual investors. Led by CEO Chris Silva, FYR Medical is a medical…
The Citizenry raises $2.3m
The Citizenry, a Dallas-based home decor products platform, raised $2.3M of venture funding from undisclosed investors. https://www.sec.gov/Archives/edgar/data/1763534/000176353423000002/xslFormDX01/primary_doc.xml
Slync Secures $24 Million in Funding to Accelerate Growth for Logistics Technology Provider
Slync.io today announced that it has secured $24 million of new venture capital funding, led by Goldman Sachs, with participation from Blumberg Capital, ACME Ventures, Gaingels, and other existing investors. https://www.businesswire.com/news/home/20230223005440/en/Slync-Secures-24-Million-in-Funding-to-Accelerate-Growth-for-Logistics-Technology-Provider
HireLogic Nabs $6M Series A Raise for Its Next Phase of Growth
HireLogic, an AI-powered tech software startup aimed at smarter hiring decisions, announced a $6 million Series A funding round led by Joseph P. Landy, a former partner and co-CEO at private equity giant Warburg Pincus. Existing investors in the Dallas…
Virtual Meeting Platform Scoot Emerges from Preciate Rebrand, Secures $12M in Funding
Preciate, the Dallas-based dynamic virtual meeting platform, has closed a $12 million Series A funding round led by Woodland Capital with participation from existing investors—and announced it has changed its name to Scoot. https://dallasinnovates.com/dallas-startup-preciate-renames-to-scoot-lands-12m-in-series-a-funding/
DEIB Tech Company Kanarys Lands $5M Series A, Announces Six Senior Hires
The Dallas-based diversity, equity, inclusion, and belonging tech startup raised the $5 million in a round led by Chicago's Seyen Capital, for a total raise of $10.5 million to date. A new EVP and five VPs have been added to…
How Jeff Farris is Guiding Growth at CloudRadial, a ‘First Mover’ Startup
The Dallas company just snagged a $3 million investment from Cypress Growth Capital, positioning the 5-year-old ‘client services automation’ platform for IT Managed Service Providers to ramp up its global sales and marketing efforts. https://dallasinnovates.com/how-jeff-farris-is-guiding-growth-at-cloudradial-a-first-mover-startup/
Icon Meals raises $4m
Farmers Branch based Icon Meals raised $4M of venture funding from undisclosed investors. The company makes fresh and affordable ready-to-eat meals. https://www.sec.gov/Archives/edgar/data/1905396/000190539623000003/xslFormDX01/primary_doc.xml
Texas-Based Colossal Achieves Unicorn Status With $150M Series B Raise, Plans To ‘De-Extinct’ the Dodo Bird
Of all creatures that have gone extinct, the dodo is a byword for “gone forever.” When something’s totally lost, the saying goes, it’s “deader than a dodo.” But today, Colossal Biosciences basically said, challenge accepted. The startup paired its latest…
Fort Worth-Based HTeaO Gets Growth Investments from Two Dallas PE Firms
Fort Worth-based HTeaO is quenching thirsts with "ultra-premium" iced teas and coffee at 68 locations in five states, with 93 units currently under construction. This week, Dallas-based Crux Capital and Trive Capital both decided to have a taste—by getting a…
Gearbox Entertainment Acquires Fellow Frisco Company Captured Dimensions
Frisco-based The Gearbox Entertainment Co. has acquired Captured Dimensions, another Frisco-based company that specializes in 3D capture, scanning, and reconstruction services. Gearbox said that Jordan Williams will continue as head of Captured Dimensions and report directly to Randy Pitchford, president…
Listeners on Call raises $2.85m
Listeners on Call (now Kindly Human), a Dallas-based communication platform for loneliness and mental health, raised $2.85M of venture funding from undisclosed investors. https://www.formds.com/issuers/listeners-on-call-inc
Aerolane raised $10,000,000 / Seed from BIG Capital Vietnam and RedBlue Capital
Aerolane is building a new logistics method, delivering shipments as fast as same-day and as affordably as the cost of ground https://www.crunchbase.com/organization/aerolane
Grata Raises $6M in Seed Funding for Recognition Platform, Adds Industry Experts to Executive Team
Gratitude is in season all year round. And a Dallas startup makes sharing it a whole lot easier. Dallas-based online recognition platform Grata has raised $6 million in seed funding to fuel its next phase of growth. The company, which…
Dallas PropTech Startup Stellar Reports $20M Series B Funding Round
Stellar's platform leverages AI and machine learning to reimagine home maintenance. The startup partners with property managers and contractors to take care of homes and people—with a "mission of delivering hassle-free maintenance done right." "We have caught lightning in a…
Waste Removal and Bespoke Sustainability Company CheckSammy Gets $15M Investment
Founded in 2018, CheckSammy's story has its beginnings in Co-Founder and CEO Sam Scoten's realization that there was an increased shortage of landfill space. He also wanted to tackle one of the last unregulated utilities —the waste services sector. "It's…
Dallas-Based Gardenuity Gets Seeded by Investors, Local Angels for Its High-Tech Growing Experience
Gardenuity, an e-commerce startup with "matching technology" that aims to make plant-inspired living easier, has fresh seed funding. The North Texas Angel Network announced its first syndicated investment in the company. Six NTAN members joined the syndicate to invest $50,000…
Dallas-Based Island Extends Series B Funding With $60M Investment for Its Desktop Disruptor—a Browser Built for Enterprise
Island, a Dallas-based unicorn that emerged from stealth last February, was valued at $1.3 billion in March. It continues to attract big investments for its Enterprise Browser, which protects companies' SaaS tools and internal web apps from data leaks with…
Aspen Power Partners Announces $350 Million Investment from Carlyle to Fuel Growth and Acquisition Strategy
Aspen Power Partners LLC a distributed generation platform with the mission of accelerating decarbonization, today announced a $350 million investment from funds managed by global investment firm Carlyle (NASDAQ: CG). The investment supports Aspen's organic and acquisition-driven growth strategy targeting…
Dallas Connectivity Startup Aerwave Raises $20M for ‘the Last Wi-Fi Network’ Multifamily Operators ‘Will Ever Have to Connect to’
Focused “almost exclusively” on the multifamily space, Aerwave’s patented tech provides communities with internet access across a property without the need for individual routers in each unit. “Today, we're deploying 10,000 units at the same time. Our goal is to…
Newtrul, a digital freight matching platform, has raised $5.3 million in funding
Newtrul, a digital freight matching platform, has raised $5.3 million in funding. SignalFire and Flex Capital are among the lead investors, as are previously unannounced investors Bessemer Venture Partners, Crowley, Oren Zaslansky, John Larkin, and Brad Hollister. https://saasindustry.com/news/newtrul-a-digital-freight-matching-platform-has-raised-5-3-million-in-funding
Aerwave, a Dallas-based wireless network and connectivity platform for multifamily residential, raises $20 million in Series A funding
Aerwave, the next-generation connectivity platform leading the Digital Foundation™ transformation in multifamily residential, has secured $20 million in Series A funding, led by Moderne Ventures with participation by World Cinema, Inc. (WCI), Equity Residential, Inc. (EQR), RWT Horizons and Westover…
Web3 design firm Journey buys Dallas-based The Devhouse Agency
The Devhouse Agency, a Dallas-based provider of gaming design studio, was acquired web3 design firm Journey for an undisclosed amount. https://www.axios.com/pro/media-deals/2022/10/24/web3-design-journey-buys-devhouse-agency
Notably.AI Raises USD1.5M in Funding
Notably.AI, a Dallas, TX-based provider of a platform that allows teams to collect, analyze, and share qualitative research, raised USD1.5M in funding. The round was led by Sentiero Ventures. The company intends to use the funds to invest in engineering,…
Opioid-focused telehealth platform Sonara Health raises $1.26M
Sonara Health, a Dallas-based telehealth platform focused on the treatment of opioid addiction, reported raising more than $1.26 million from 19 investors, per an SEC filing. The Mark Cuban-backed company was formed in 2020 by CEO Dr. Michael Giles while…
DFW Neuropathy eyes ‘significant growth’ with new investment
DFW Neuropathy, a local treatment company focused on neuropathy, landed a new investment led by Dallas private equity firm Baymark Partners and California firm HCAP Partners. Terms of the deal were not disclosed. With four locations across North Texas, the…
Book.io Aims to Put E-books on the Blockchain with New Seed Funding
Book.io, a McKinney startup developing an NFT e-book platform on the blockchain, announced closing a seed funding round led by book distributor Ingram Content Group for an undisclosed amount. https://dallasinnovates.com/follow-the-money-book-io-looks-to-put-e-books-on-the-blockchain-with-new-seed-funding-stealthy-tech-startup-kalpa-aims-to-raise-1m-cypress-growth-partners-makes-new-investment-and-more/
Supply, the Fort Worth-Based Men’s Grooming Brand of ‘Shark Tank’ Fame, Acquired by Foundry Brands
The search for a better shave led a husband-wife team to build a successful direct-to-consumer brand that now has a new owner. Fort Worth’s Supply, a men’s grooming product company that garnered national attention and an investment on “Shark Tank”…
With Fresh Funding, Firehawk Aerospace Is Developing Rocket Engines and 3D-Printed Fuel As It Plans Move to New HQ in Addison
Firehawk Aerospace is developing hybrid rocket engines and 3D-printed solid rocket fuel to provide a safer, more cost-effective approach to launching payloads as it nears the close of a $17 million fundraising effort. Co-founder and CEO Will Edwards has said…
KE Andrews announces acquisition of Third Corner, a leading software company
Acquisition strengthens KEA's analytics and data initiatives and accelerates the continued development of customer-facing enterprise software. KE Andrews, a national provider of state and local taxes, credits and incentives, and valuation services, is pleased to announce the acquisition of Third…
IBM Acquires Dallas’ Dialexa to Tap Its Product Engineering Expertise
From hanging hula hoops on its ceilings for drone races to designing a lawn-mowing robot app to developing a platform that trains human brains, Dallas-based Dialexa does things different. Now—with its acquisition by IBM Consulting—it will help one of the…
Zelis Completes Acquisition of Payer Compass
Zelis, a leading healthcare payments and pricing company, announced today the completion of its previously announced acquisition of Payer Compass, one of the healthcare industry's leading providers of reimbursement and claims pricing, administration, and processing solutions. For more than 20…
Therabody Solidifies Category Leadership with $165 Million Growth Equity Round and Launch of Eight New Innovative Products
Therabody, a Dallas and Los Angeles based developer of percussive therapy devices and technologies intended to reduce muscle tension, accelerate recovery, received $165M of development capital from North Castle Partners, Rx3 Growth Partners, and Hartbeat Ventures. https://www.prnewswire.com/news-releases/therabody-solidifies-category-leadership-with-165-million-growth-equity-round-and-launch-of-eight-new-innovative-products-301628356.html
Ruckus Games raises $5.5M in seed round
The United States-based Ruckus Games announced that it has raised $5.5 million in seed funding to create a brand new cross-platform co-op game. The video game studio was launched back in August 2021 by ex-Gearbox and Riot developers. https://mobidictum.biz/ruckus-games-raises-5-5m-in-seed-round/
Prealize Health Acquires Dallas-based CentraForce Health’s SDoH IP
With this acquisition, Prealize Health now owns the industry’s most robust library of data and insights into individual patients’ and health plan members’ medical and social risk profiles. Prealize Health, an artificial intelligence (AI)-enabled predictive analytics company, today announced the…
Prescription lens maker NeuroLens lands $67M in new funding
Neurolens, a Coppell-based maker of prescription lenses that "link optometry with neurology," raised $67 million in a funding round led by Boston-based health care investor MVM Partners. Falcon Vision/KKR, Marshall Wace, and Bluestem Capital joined the round, which Neurolens said…
CVS Health to acquire Dallas-based Signify Health
CVS Health and Signify Health have entered into a definitive agreement under which CVS Health will acquire Signify Health for $30.50 per share in cash, representing a total transaction value of approximately $8 billion. https://www.cvshealth.com/news/company-news/cvs-health-to-acquire-signify-health.html
Dallas startup VRGL raises $15M six months after launching
Less than six months after launching, a Dallas startup has raised funding to help it serve the wealth management industry. VRGL, an automated data and analytics platform for wealth management firms, announced raising a $15 million Series A funding round…
Cerebro Sports gets seed funding in a deal led by Mark Cuban
Cerebro Sports, a Dallas-based sports tech company. maintaining a database of basketball performance analytics, raised an undisclosed amount of seed funding in a deal led by Mark Cuban. https://www.cerebrosports.com/
Solana automation network Clockwork raises $4 milliong
Clockwork, a decentralized automation network for Solana, announced the closure of a $4 million seed round co-led by Multicoin Capital and Asymmetric. Solana Ventures also participated in the round, according to a release on Tuesday. El Cap Ventures is also…
Deposits, a Dallas Startup, Raises $5M for Its Plug-and-Play Financial Services Platform
Joseph Akintolayo says the will exists for organizations to provide more digital financial tools to their communities. But due to either a lack of technological knowhow or tight budgets, they often lack the means. Now with $5 million in fresh…
Dallas-Based SmartMoving Raises $41.4M to Help Automate the Moving Process
SmartMoving—a software solutions startup that aims to streamline the moving services business—landed the investment from Austin- and San Francisco-based growth equity firm Mainsail Partners. Its platform automates the entire operations process from estimates to sending out crews to handling payroll…
Dallas-Based SmartMoving Raises $41.4M to Help Automate the Moving Process
SmartMoving—a software solutions startup that aims to streamline the moving services business—landed the investment from Austin- and San Francisco-based growth equity firm Mainsail Partners. Its platform automates the entire operations process from estimates to sending out crews to handling payroll…
ParkHub Buys Fuzse
ParkHub, a Dallas, TX-based provider of parking software and payments solutions, acquired Fuzse, a technology company focused on payments integrator. The amount of the deal was not disclosed. With the acquisition, ParkHub will strengthen the parking software provider's payments innovation…
Cybersecurity Firm TXOne Networks Raises $70M to Expand Global Reach
Amid what it calls a soaring global demand for cybersecurity services, a recent transplant to the region has raised one of the larger funding rounds for North Texas this year. TXOne Networks, which focuses on operational technology (OT) networks and…
Medicine Delivered in Plant Seeds? UNT Researchers Get $1.4M Grant for a First-of-Its-Kind Study
The University of North Texas BioDiscovery Institute's $1.4 million grant from the W. M. Keck Foundation is seeding research in sustainable medicine—literally. "What we're thinking long-term is that if plants can store medicines in seeds, you eat the seeds, and…
Lendistry Expands to Texas With Dallas Office, $5M Funding From Texas Capital Bank
Lendistry—a minority-owned, tech-enabled lender that aims to lift underserved communities—is expanding to Texas by opening a Dallas office, the company announced at a launch event today at Dallas Startup Week. With $5 million in funding provided by Dallas-based Texas Capital…
Frisco’s POWERHANDZ Gets ‘Multimillion-Dollar Investment’ From Vanguard Holdings Group
In an all-Frisco deal, PH Innovation Holdings (PHI), the operator of fitness gear and training tech platform company POWERHANDZ, announced landing a “multimillion-dollar” investment from Vanguard Holdings Group.Along with the new funding, Vanguard says it has issued a private tender…
Dallas Unicorn Adds Cisco Investments as New Backer
After raising more than $200 million since its launch in February, Dallas-based enterprise browser platform startup Island announced a new investment by Cisco Investments for an undisclosed amount. Formed in 2020, Island's enterprise-focused browser is built upon Chromium, which powers…
Dallas Startup TestFit Lands $20M for AI-powered Building Configurator Technology
Co-Founder Clifton Harness says TestFit is the first company to connect pro forma, construction cost, and asset design through building configurator software. The technology allows companies to "de-risk decisions" and log critical time savings when they develop new real estate.…
BILT Gets $1.7M Air Force Grant for 3D Instructions App
Grapevine-based BILT has landed $1.7 million from the USAF's venture capital fund. The Tactical Funding Increase (TACFI) award builds on its previous SBIR Phase II work with the Air Force. Bilt, the developer of an immersive 3D intelligent instructions app,…
Qualia Oto Lands New Funding for Its Mission to Restore Hearing in Patients
With new funding, Qualia Oto says it's entering the "next stage of corporate growth" and is one step closer to its mission of restoring hearing to those who have lost it. While not disclosing names of its new backers, the…
Fort Worth Biotech Raises $16M
Publicly traded Fort Worth biotech firm Sanara MedTech, which focuses on surgical and wound care technologies, reported raising $16 million in equity from a single investor, per an SEC filing. Based on previous filings, the company, which trades on the…
Dallas Real Estate Startup Raises $5.7M as it Expands
After moving from Uptown to the Oak Lawn area earlier this year in an effort to quadruple its headcount, real estate tech startup Nada has reported raising more than $5.7 million in equity from 19 investors. https://dallasinnovates.com/follow-the-money-fort-worth-biotech-raises-16m-vc-firm-raises-25m-for-debut-fund-s2-capital-surpasses-blackstone-as-regions-most-active-multifamily-investor/
Video Game Developer Raises $5.53M
Wonder Works Studios, an Arlington-based developer of immersive gaming experiences, reported raising more than $5.5 million in two separate SEC Filings. In one, the creator of titles like "Overlook RP" and "TIMMEH" reported raising $2.7 million in options and securities…
Quiltt Raises $4M to Increase Engineering Power
Quiltt, a Dallas-based company offering turnkey consumer fintech infrastructure for small businesses has raised $4M in funding co-led by Greycroft and Newark Venture Partners and including participation by entities like Motivate Ventures, Abstraction Capital, Tectonic Capital and Bridge Investments. Quiltt…
Frisco-based Monetize Closes on New Funding
Monetize closed on an undisclosed amount led by Aegon Asset Management who joins previous investors including College Loan Corp., Colchis Capital, and Chicago Ventures who funded Meritize in a prior round. According to a report on Dallas Innovates, the company…
Frisco Student Loan Startup Meritize Gets New Funding, Aims to Change the Way Access is Provided
Meritize is looking to capture continued growth following a pandemic-related slowdown. With new funding from the impact investment arm of Aegon Asset Management, the Frisco-based funding solutions provider for education and workforce development plans to "accelerate its momentum" to help…
Telecom Firm AmChel Communications Acquired by KCI Technologies
AmChel Communications Inc., a Wylie Texas based cellular tower services company, was acquired by KCI Technologies for an undisclosed amount. KCI plans to leverage AmChel's expertise in construction, deployment and maintenance of hundreds of macro and small cell installations throughout…
Dallas-Founded Biopharma Firm Raises $120M to Expand its Pipeline
ReCode Therapeutics, a biopharmaceutical startup using a non-viral lipid nanoparticle delivery platform for gene therapies, has closed a $120 million extension to a funding round it raised last year to help bring its lead programs to human trials and "follow…
Qualcomm acquires Cellwize to accelerate 5G, edge adoption, innovation
In a move that has already attracted the support of telcos, cloud providers and other equipment firms, and aiming to accelerate further its standing in 5G radio access networks (RAN) innovation and adoption, Qualcomm Technologies has acquired mobile network automation…
Credit union association invests in voice biometrics with Illuma Labs partnership
Texas-based voice biometric solution provider Illuma Labs has partnered with the New York Credit Union Association (NYCUA) and its affiliate UsNet. As part of the collaboration, NYCUA and UsNet have invested an undisclosed amount in Illuma Labs. The move comes…
Nacuity Pharmaceuticals Announces $16.5 Million Series B Financing Led by Foundation Fighting Blindness & RD Fund
Nacuity Pharmaceuticals, Inc., a clinical stage biopharmaceutical company developing treatments for retinitis pigmentosa, cataracts and other ocular diseases caused by oxidative stress, today announced the closing of a $16.5 million Series B financing led by Foundation Fighting Blindness and its…
Heart Test Laboratories, Inc. Announces Pricing of $6.375 Million Initial Public Offering and Nasdaq Listing
Heart Test Laboratories, Inc. (NASDAQ: HSCS; HSCSW) ("HeartSciences" or the "Company"), a medical technology company focused on applying innovative AI-based technology to an ECG (also known as an EKG) to expand and improve an ECG's clinical usefulness, today announced the…
Studio Created by Words With Friends Co‑Founder Raises $46M for Web3 Battle Arena Game
McKinney-based Playful Studios and its Wildcard Alliance subsidiary—led by Words With Friends co-founder Paul Bettner—raised the funding for Wildcard, which combines arena-style battles with a collectible card game. “With Wildcard, we're focused on fun first, building a next-generation 'spectator sport'…
Delivery Solutions, a Same-day Delivery SaaS Company, Acquired by UPS
Plano based Delivery Solutions has been acquired by UPS for an undisclosed amount. The delivery company agnostic platform allows retailers to meet the specific needs of their customers while maintaining complete control of their e-Commerce brand experience. The purchase is…
Touchpoint Software to be acquired by Cass Information System
Touchpoint Software, a division of The Pursuant Group, Inc. based in Dallas, has agreed to be purchased by Cass Information System, Inc. (NASDAQ: CASS) for an undisclosed amount. Touchpoint will be merged with Gyve Generosity Services, also owned by Cass,…
Dallas-based Web3 Education Startup STEMuli $3.25 in Seed Funding
STEMuli, a Dallas based education startup with a first of a kind 3D game-based learning system, announced that it has received USD3.25 million in seed funding co-led by Valor Ventures and Slauson & Co, which also saw participation from Draper…
Southlake Device Manufacturer HeartSciences Files For IPO on NASDAQ
Heart Test Laboratories Inc (dba HeartSciences) a Southlake (Dallas) health science device developer and manufacturer applied to go public on NASDAQ. The company uses AI within its ECG (EKG) device to improve heart disease assessment. The company's goal is early…
Leading ERP Data Security Solutions Appsian Merges With Pathlock
Pathlock is reshaping the access governance market as it announces mergers with Appsian, the Dallas-based leading provider of ERP data security solutions. The company also announced a merger with Security Weaver and the acquisition of CSI Tools and SAST Solutions.…
Digital Fitness Company OxeFit Raises Additional Funding From NFL & PGA Stars
With this round of funding OxeFit has raised in excess of $35M from mostly athletes including Dallas Cowboys quarterback Dak Prescott. The Plano-based digital fitness systems company has announced new funding from backers including PGA golfer Dustin Johnson and Los…
Teknion Data Solutions Acquired by Fast Growing Resultant
Full service data analytics company Teknion Data Solutions has been acquired by Resultant, a consulting firm specializing in technology, data analytics, and digital transformation. Irving-based Teknion has over 20 years of solving data challenges for clients across a number of…
Remote Patient Monitoring Platform, VitalTech, Raises $14M
VitalTech has raised an additional $14M in funding from undisclosed investors following its $11.76M Series A led by BayMed Venture Partners in June 2021. The company, based in Plano, provides full patient monitoring across the care continuum utilizing AI and…
Dallas Based Insurtech SALT Secures $2M Series A
SALT, a Grapevine Texas company focused on enhancing the prospect acquisition process for independent agents selling home and auto insurance, has raised a $2M series A. The round was led by Eagle Venture Fund of Southlake. The use of funds…
Wink Raises $2.85M in Pre-seed For BioMetric Identity Platform
Wink, a Dallas Based pioneer in 3FA authentication has raised $2.85M pre-seed in funding as it looks to expand on its e-commerce platform. Wink three-factor authentication uses voice, facial, and device recognition for secure e-commerce without passwords. The pre-seed funding…
Buff City Soap Received Additional Funding To Expand Store Locations
Buff City Soap, the plant-based home and personal care brand, has secured additional funding from General Atlantic. The company has added over 130 stores since the initial investment from General Atlantic and has more than 215 stores in 30 states.…
AI Powered human resource tech company HireLogic raises $4M
Dallas based HireLogic, a human resources software company utilizing artificial intelligence (AI) to improve the hiring and interview processes, has raised $4M in seed funding. Investors in the round include Edward J. Zander, former chief executive officer and chairman of…
Real Estate and Fintech Startup BackFlip Raises $35M
Dallas-based real estate and fintech startup Fintech has secured $8M in equity seed funding and $27M in dedicated debt funding co-led by Vertical Venture Partners and LiveOak Venture Partners with participation from Revel Partners, Great Oaks VC, and Greg Waldorf…
Dallas Based Stride Funding Raises $4M following $12M Series A in December
Dallas based Stride Funding, a student finance startup, raised $4M from undisclosed investor(s). The company raised a $12M series A round in December 2021. Stride's income share agreement model provides students an alternative to traditional fixed payment installment loans. The…
RedCritter, a Lewisville (Dallas) Company Offering an Employee Engagement Platform , Raises $1M
Lewisville TX based RedCritter raised $1M from undisclosed investor(s). The company, which offers business solution software that enables enterprises to manage, showcase, and reward employee achievements, has not issued a press release. The company has had at least one prior…
FireHawk Aerospace Receives Series A From Raytheon Technologies
Firehawk Aerospace, a company that specializes in high performance hybrid propulsion technologies has received funding from Raytheon Missiles & Defense, a subsidiary of Raytheon Technologies. The company holds several patents related to hybrid propulsion, propellants and manufacturing methods. The two…
HCP Recruitment Platform and Healthcare Broadcast Company ConneXion360 Acquired
Health broadcasting and HCP recruitment firm ConneXion360 is being acquired by Relevate Health for an undisclosed amount. Relevate looks to grow through ConneXion360's broadcasting platform and health care provider recruitment network that specializes in creating access for its clients to…
Securly acquires Fort Worth based Rhithm
In a press release Securly acquired Rhithm's for its best-in-class social, emotional, and mental wellness assessments, content, and insights platfor. The purchase adds to Securly's whole-student success platform to provide K-12 schools with the Rhithm's comprehensive student wellness solution analytics.…
Swiss Hashgraph Association Launches the Hashgraph Innovation Program to Accelerate Adoption of the Hedera Network Worldwide
Hedera Hashgraph has entered into a strategic partnership with Swiss Digital Assets Institute (SDAI) – a professional training and education company – for the delivery of a custom-designed global "Hashgraph Innovation Program" out of Switzerland. Hedera has earmarked USD 16.3M…
Applied Blockchain announced completion of its IPO, nets $36.1 million
Applied Blockchain, Inc. announced today the completion of its initial public offering of 8,000,000 shares of its common stock at $5.00 per share. The shares of common stock began trading on the Nasdaq Global Select Market on April 13, 2022,…
Direct-to-consumer Luxury Footwear Brand, Sarah Flint, Raises $2.45M
According to reports on PitchBook Dallas-based Sarah Flint, an online luxury footwear company, has raised $2.45M in a late stage VC round from undisclosed investors. The company has raised approximately $33M to date from investors including Spark Capital, Essential Investment…
Genetics Company Acquires Irving Based Inform Diagnostics For $170M
Inform Diagnostics, a portfolio company of Avista Capital Partners, was acquired by Fulgent Genetics for $170M. Inform Diagnostics currently provides services to approximately 1,300 clients who represent over 2,700 physicians. With the acquisition Fulgent plans to expand its geographic reach,…
‘Doing Good While Doing Well in Business’: Addison Consumer Analytics Platform Raises Funds to Help Nonprofits
HundredX, a data analytics firm that gives brands access to millions of “ethically sourced” consumer experiences, has landed a Series D round that brings its total funding to more than $80 million. Its big-name investors include billionaire Charles Schwab and…
Online Energy Marketplace, EnergyBot, Raises $2.1M
Dallas-based Blitz Ventures Inc. (dba EnergyBot) has raised $2.1M to continue expansion of its online energy marketplace. The company was spun out of TXU Energy in 2018. View the SEC Form D filing. th, 2022
Cybersecurity Firm Hacware Raises Seed Round of $2.3M
Launched in 2019, Hacware has raised $2.3M in an oversubscribed seed round led by Elevate Capital. The company has developed technology which integrates with Google Workspace and Office 365 to reduce phishing attacks by sending simulated attacks to identify risks.…
Plano Based Cybersecurity Company Critical Start Announces a $215M Round of Growth Funding
Critical Start, a Plano, TX based cybersecurity company which offers Managed Detection and Response (MDR) services has raised $215 million in funding from Vista Equity Partners to accelerate its expansion with midsize and large enterprise customers. The company's last round…
HundredX Raises A Series D Bringing Total Funding To Over $80M
Dallas-based HundredX announced closing of Series D funding led by prominent business leaders including Clark Hunt, Chairman and CEO of the Kansas City Chiefs and FC Dallas and Charles "Chuck" Schwab, discount brokerage pioneer. The company provides real time market…
Digital Seat Media Scores $1.5M For Its In-venue Fan Engagement Platform
Fort Worth-based Digital Seat Media raised $1.5M of funding as part of total investments of $11M to date that includes investments from Half Acre Capital. The funding is part of a $5M round which they hope to complete in the…
Digital Transformation Company Skyllful Raises $2.8M Angel Round
According to Crunchbase, Plano-based Skyllfull has raised $2.8M Angel Round. The digital transformation company has an on-device app simulation that works to increase tech adoption, onboarding, and performance support. Visit Crunchbase for more information. st, 2022
OneDay Raises Funding From PlayFair Capital
OneDay, developer of an online application designed to empower businesses to become storytellers through video, has raised an undisclosed amount from Playfair Capital. The company previously raised $19M in Series B funding from Volition Capital in 2021. Investors in the…
Sangoma Technologies boosts channel play with $80M acquisition of NetFortis
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
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
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
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 and post-IPO…
Island Raises $115M in Series B Funding
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
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
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
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
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
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…
OpenGate Capital, a global private equity firm, announced that it has made a strategic investment in Annex Cloud,
OpenGate Capital, a global private equity firm, announced that it has made a strategic investment in Annex Cloud, a leading provider of SaaS customer retention and loyalty management solutions to mid-market and enterprise customers worldwide. The company will continue to…
Dallas-based distributed solar and storage platform Aspen Power Partners raised $120M of venture funding
Distributed generation start-up Aspen Power Partners announced today that has raised $120 million with its latest financing round, and officially launched the distributed solar and storage platform. Aspen enables consumers at all income levels and businesses with hard-to-reach properties to…
Edge AI startup SandLogic using $4M pre-Series A to “hyper-scale the company growth”
Sandlogic, a prominent player in the Computer Vision and Edge AI space, has raised $4 million in funding in its pre-Series A round from Texas-based HNIs and serial investors Sanjay Singhania and Sai Kumar. This round follows the $360,000 seed…
Aurox, a Dallas, TX-based all-in-one cryptocurrency trading platform provider, raised $5M in Equity funding.
The company intends to use the funds to accelerate its pursuit of a public markets listing as well as execute on its business plan to become a significant player in the multi-trillion-dollar cryptocurrency space. Co-founded by crypto traders Giorgi Khazaradze,…
Renibus Therapeutics, which focuses on treatments for acute and chronic kidney diseases, announced closing a $35 million Series A funding round
A Southlake biotech firm has raised new funding and named a new leader on its path to help treat a disease for which there is currently no cure. Renibus Therapeutics, which focuses on treatments for acute and chronic kidney diseases,…
Addison Cybersecurity Company Raises $1 Billion led by Austin investment firm Vista Equity Partners. to fuel ‘Hypergrowth Trajectory’
With what’s likely to be one of the largest local funding rounds of the year, a North Texas tech company is looking to continue its “hypergrowth trajectory.” Addison-based cybersecurity company Securonix announced landing more than $1 billion in a growth…
WeInfuse Acquires Dallas-based RxToolKit
WeInfuse, the premier consulting and software platform for infusion therapy and medication delivery in the US, has acquired RxToolKit, a provider of clinical and safety education tools for medication preparation and administration. www.prnewswire.com/news-releases/weinfuse-acquires-rxtoolkit-301481679.html
Addison Cybersecurity Company Raises $1 Billion to fuel ‘Hypergrowth Trajectory’
With what’s likely to be one of the largest local funding rounds of the year, a North Texas tech company is looking to continue its “hypergrowth trajectory.” Addison-based cybersecurity company Securonix announced landing more than $1 billion in a growth…
Dallas Bill Payments Platform Emerges From Stealth With $4.5 Million in Funding
Dallas bill payments platform Highline announced its launch Wednesday, emerging from stealth with a $4.5 million seed funding round led by early-stage VC firms Foundation Capital and Costanoa Ventures. "The majority of Americans are living paycheck to paycheck, resulting in…
PawTree, a Southlake-based maker of pet products, reported raising $3 million in equity and other options
PawTree, a Southlake-based maker of pet products, reported raising $3 million in equity and other options from nine investors. www.sec.gov/Archives/edgar/data/1582764/000089706922000063/xslFormDX01/primary_doc.xml
Dealer Safeguard Solutions, a McKinney-based platform designed to manage the automotive dealership business, was acquired by Credit Bureau Connection
Credit Bureau Connection a leading provider of credit report and compliance solutions to automotive dealers, lenders, and other end markets, announced today that it has acquired Dealer Safeguard Solutions a SaaS provider of compliance and workflow solutions for the automotive…
PlantSwitch Announces Close of $3.25M Seed Round
PlantSwitch, a Dallas-based start-up that is revolutionizing the food-packaging industry with high-quality, biodegradable plastic alternatives, today announced the close of a $3.25 million seed round, paving the path for further growth, specifically expansion of its product offerings and development of…
Clearlake Capital-Backed nThrive to Acquire Plano-based PELITAS
nThrive, a healthcare revenue cycle management software-as-a-service platform provider backed by Clearlake Capital Group, L.P. (together with certain affiliates, "Clearlake"), today announced it has signed a definitive agreement to acquire PELITAS, a leading provider of healthcare patient access, digital patient…
Bioplastic Product Startup lands $3.25M Seed Round
raveling with the Southern Methodist University golf team, Dillon Baxter and Maxime Blandin hated the single-use paper straws they encountered, which often fell apart mid-drink. Their solution: PlantSwitch, a biodegradable straws and cutlery startup, which announced the closing of its…
Dallas Automation Startup Eyes International Growth with $15M investment
Over the course of the pandemic, there's been a lot of talk about digital transformation. And with new funding, a local startup is looking to change "the way people consume technology." Krista Software, a Dallas-based business automation platform, announced landing…
Dallas-Based Island Emerges from Stealth with Nearly $100M in funding, 100+ Employees
A new local startup is looking to become "where today's hybrid workforce lives," with the help of a massive investment. Emerging from stealth today, Island, a Dallas-based enterprise browser platform company, announced landing nearly $100 million in funding from early-stage…
Dallas Startup Talkmap Raises $8M to Extract Data from Customers’ Voices
A Dallas-based startup is looking to help organizations extract insights straight from the voices of their customers. With its eyes on growth, Talkmap, a conversational intelligence platform, has landed an $8 million Series A funding round led by Massachusetts-based firm…
Backed by Big-Name Athletes, PlayersTV Lands ‘Seven-Figure’ Deal to Fuel Expansion
If you haven’t heard of PlayersTV, there’s a chance you’ll know the name if you’re passing through an airport or spending the night at a hotel. After inking a distribution agreement with ReachTV in 2020, the TV streaming division of…
Dallas-based startup ParkHub receives $100 million growth investment
Dallas-based startup ParkHub has received a growth investment of around $100 million from Philadelphia's LLR Partners. The transaction will accelerate continued growth for the company, which provides software and hardware services for the parking industry. www.bizjournals.com/dallas/news/2022/01/31/parkhub-investment-lrr-partners.html
WeWork Acquires Dallas-Based Coworking and Flex Space Startup Common Desk
Change is coming to the coworking and flexible space world in North Texas. Dallas-based Common Desk announced Tuesday that it has agreed to be acquired by WeWork Inc. in a deal that should close in March. WeWork said in a…
Dallas Unicorn o9 Solutions Announces $296M in New Funding and a $2.7B Valuation
Dallas-based o9 Solutions, an enterprise AI software platform provider and startup unicorn, today announced $296 million in equity investments from a group including General Atlantic and its climate investing venture BeyondNetZero; pure-play sustainability investment manager Generation Investment Management; and existing…
Richardson’s Skyven Raises $6.5M in Oversubscribed Seed Round and Grants for Its Clean Tech
Richardson-based Skyven Technologies today announced a $4 million institutional seed funding round. The round was oversubscribed and was led by VoLo Earth Ventures, along with Global Founders Capital and the SWAN Impact Network. Skyven also received California Energy Commission grant…
Grapevine’s Car Capital Secures $150M Credit Facility and $6M+ Equity Investment
As fun as driving a new—or new to you—car can be, sometimes the hassle of the purchase puts a damper on the whole experience. What if your loan isn’t approved? How embarrassing is that to hear from your salesperson? Makes…
Cart.com Buys Dallas-based FB Flurry, Tripling Fulfillment Footprint and Enabling Next Day Delivery to Majority of US
Dallas-based tech and DTC (direct to consumer) fulfillment company FB Flurry was acquired by Cart.com, an Austin-based end-to-end e-commerce software and services provider. "Their customer-focused, tech-forward approach to omnichannel support perfectly complements Cart.com's powerful suite of end-to-end e-commerce tools and…
Listeners on Call raised $1.8M of venture funding
Listeners on Call, a communication platform for loneliness and mental health, raised $1.8M of venture funding from undisclosed investors. www.sec.gov/Archives/edgar/data/0001787332/000178733222000001/xslFormDX01/primary_doc.xml
Cloud-based Backup-asService (BaaS), Disaster-Recovery-asService (DRaaS), company Global Data Vault was acquired by Dataprise
Dataprise, a leading strategic IT managed service provider, today announced the acquisition of Global Data Vault, a leader in Disaster-Recovery-as-a-Service (DRaaS), Backup-as-a-Service (BaaS) and modern data protection solutions. Founded in 2004, Global Data Vault is a recognized leader in the…
Irving’s Direct Logistics, a cloud based freight management solution company was acquired by Royal Alliances
DLI and its Truck Direct Mail (“TDM”) software platform will broaden the platform capabilities of Royal Alliances to better serve the combined customer base, which consists of insurance, financial services, government, and direct mail organizations. The TDM platform helps customers…
Dallas-Based Lincoln Property Invests in Commercial Real Estate Startup Dottid
Dallas-based Dottid, which offers a software-as-a-service technology platform for asset management and leasing transactions, has formed a partnership with Lincoln Property Company to drastically transform the services the international real estate firm is able to offer. Dottid aims to disrupt…
North Texas Tech Platform for Auto Lenders Scores Buyout Worth Up to $115 Million
Payix, a Bedford-based payment tech platform marketed to auto lenders, was acquired by Atlanta's Repay Holdings Corp. in a deal potentially worth as much as $115 million. The acquisition was announced yesterday and included $95 million paid at closing with…
ServiceTitan Accelerates Expansion Into Pest Control and Lawn Care with Acquisition of McKinney based FieldRoutes
ServiceTitan, a leading software provider for the trades, announced today that it has entered a definitive agreement to acquire FieldRoutes (formerly PestRoutes and Lobster Marketing), a leading cloud-based and mobile SaaS provider in the pest control and lawn care industry.…
Nacuity Pharmaceuticals raised $11.6M round
Nacuity Pharmaceuticals a developer of healthcare therapies for ophthalmological disorders, raised $11.6M of venture funding from undisclosed investors. www.sec.gov/Archives/edgar/data/1690279/000169027922000001/xslFormDX01/primary_doc.xml
REPAY Announces Acquisition of Bedford based Payix
Repay Holdings Corporation (NASDAQ: RPAY) ("REPAY"), a leading provider of vertically-integrated payment solutions, today announced it has acquired Payix for up to $115 million. The acquisition was financed with cash on hand and available revolver capacity. REPAY also announced the…
McKinney based Security-as-a-service startup ContraForce launches into general availability with $2M in funding
Security-as-a-service startup ContraForce revealed today that it has raised $2 million in seed funding from DataTribe and has launched into general availability. Founded in 2020 by industry security and cloud experts from Armor Defense Inc., McAfee Corp. and Intel Corp.,…
Raising the Woof: Plano-Based Halo Completes Series B with $400M Valuation
One in three pets will be lost during their lifetime, according to the American Humane Association. Halo co-founder Ken Ehrman knows that all too well. In 2017 his young niece's dog Ruby escaped from an "invisible fence" and got run…
SJF Leads Mercado Labs’ Series A
Mercado Labs, an online platform that automates the first mile of the import supply chain, announced today it has closed a Series A investment led by SJF Ventures. Existing investors, LiveOak Venture Partners, Ironspring Ventures, and Supply Chain Ventures also…
Dallas-Based Lithium-Ion Battery Recycling Startup Gets $20M From Tailwater Capital’s Freestone
We’re racing toward an electrified future—ditching gas-guzzlers for EVs, storing energy from solar panels, and adding constant new stockpiles of electronic devices. That will require countless millions of new batteries. One way to produce them? Recyling lithium-ion batteries and rare…
Plano-Based iDonate Raises $15M Series B to Grow Its Digital Giving Platform
iDonate, a leader in digital giving software and solutions, has completed a $15.2 million round of Series B financing dedicated to business development and continued growth. The growing Plano-based company, whose tagline is "innovating generosity," says the capital will help…
XIFIN Acquires Dallas-based OmniSYS to Expand into Pharmacy Market
XIFIN, a health IT company best known for its revenue cycle management platform and support for top diagnostic laboratories in the U.S., today announced its entrance into the pharmacy market through the strategic acquisition of OmniSYS, a leading provider of…
Medika Life, an Irving-based health-sector opinion and news platform, was acquired by Finn Partners
Finn Partners is adding Medika.Life, a global health-sector opinion and news platform, as a unique operating unit, effective at the start of next year. Medika.Life hosts more than 40 authors who cover content across general medicine, health policy, ecohealth, disease…
Dallas AI-Driven Labor Marketplace for Healthcare Scores $11.5M in Series A Funding
Prolucent Health, a Dallas-based provider of healthcare workforce optimization software and services, has raised $11.5 million in new Series A funding. Launched in August 2020 by healthtech entrepreneur Bruce Springer, the startup wants to revolutionize the way the healthcare industry…
Prolucent Health Secures $11.5 Million in Series A Funding to Advance Workforce Optimization in Healthcare
Prolucent Health(r), a leading provider of enterprise-wide healthcare workforce optimization software and services, today announced it has raised $11.5 million in new funding. The round was co-led by SpringTide Ventures and Health Velocity Capital with participation from UnityPoint Health Ventures.…
The Glimpse Group to Acquire Fort Worth-based Sector 5 Digital
The Glimpse Group, a leader in the virtual reality and augmented reality platform industry, has agreed in principle to purchase Sector 5 Digital, an award-winning immersive technology company based in Fort Worth, officials from both companies confirmed on this week.…
Dallas Fintech Zirtue Raises $6m, Opens Its Platform to Businesses as a New Alternative Payment Solution
After nearly a year in stealth mode, a new B2B product from Dallas-based Zirtue is officially making its debut. Today the fintech opened its Alternative Payment Solution to enterprise businesses, offering customers a way to pay bills directly through the…
PDI Acquires Addison-based Koupon
PDI, a global provider of leading enterprise management software for the convenience retail and petroleum wholesale industries, has acquired Koupon, a leader in providing convenience retailers and consumer packaged goods (CPG) brands with more effective ways to engage with their…
Dallas Next-Gen Location Solutions Platform Gets Majority Stake Investment to Unlock Growth Phase
Tango, a Dallas-area provider of lifecycle management and integrated workplace management software, is set to propel its next stage of growth with a majority equity investment from Berkshire Partners. Offering expertise in analytics and consulting, Tango helps companies plan, find,…
Dallas-Founded Shiftsmart Raises $95M Series B Round to Grow Its On‑Demand Labor Marketplace
It’s been a major year for Shiftsmart—and it’s capping it off with a $95 million Series B funding round announced today. The flexible labor platform for workforce management was founded in Dallas in 2015, but ramped up exposure last year…
Dallas-based Fintech Disruptor Stride Funding Breaks Barriers as it Closes $12M Series A
Award-winning education funding startup, Stride Funding, announced the closing of a $12 million Series A financing round led by Firework Ventures, co-founded by Brigette Lau and Ashley Bittner. Other investors include impact investors such as Juvo Ventures and Graham Holdings…
Evry Health has received over $7.3 million in startup funding from Y Combinator, venture capital funds in the Silicon Valley, and local business leaders.
Dallas-based Evry Health has emerged from stealth to offer North Texas companies "reliable, value-based healthcare" for their employees. Evry's plans come with a high-tech, mobile-first twist-making accessing healthcare as easy as tapping an app. "With today's technology, signing up for…
GPS Insight Acquires Plano based FieldAware to Create a Comprehensive, Market-Leading Fleet Management, Field Services and Telematics Software Platform
GPS Insight, a leading provider of SaaS-based fleet management software and complementary solutions in the United States and Canada, today announced the acquisition of FieldAware, the leader in made-for-mobile, cloud-based field service solutions. The acquisition advances field services and fleet…
Apogee Entertainment raises $5M
Apogee, a Garland-based publisher of interactive entertainment game software, raised $5M of angel funding from undisclosed investors. www.sec.gov/Archives/edgar/data/1817359/000181735921000001/xslFormDX01/primary_doc.xml
LoanLogics Acquires Addison-based LoanBeam
LoanLogics, a digital mortgage solutions provider creating the premier investor network ecosystem for digital loan commerce, announced today its acquisition of LoanBeam, a provider of income calculation and verification technology endorsed by government-sponsored entities (GSEs) Fannie Mae and Freddie Mac.…
Aerolane raised $1,000,000 / Pre Seed from Ascend and Shasta Ventures
Aerolane is building a new logistics method, delivering shipments as fast as same-day and as affordably as the cost of ground https://www.crunchbase.com/organization/aerolane
Dallas-Based Corganics Receives Series A Funding to Accelerate Delivery of Clinical Cannabinoid Products to Healthcare Providers
The CBD market is booming, with products bringing in around $5 billion in the U.S. last year. But according to Chad Collins, the retail market is littered with issues in quality, manufacturing, and transparency. That's why he focuses on the…
Solutions by Text has received $35 million in growth financing
Dallas-based Solutions by Text has received $35 million in growth financing-its first institutional investment-led by Edison Partners. SBT assists financial firms with texting services for marketing efforts. www.bizjournals.com/dallas/news/2021/11/30/solutions-by-text-ceo-investment.html
MD Farma Closes Series A Funding and Changes Name to Corganics as the Company Expands Clinical Cannabinoid (CBD) Product Lines Sold Only in Healthcare Facilities
MD Farma, healthcare professionals' most trusted and recommended clinical cannabinoid (CBD) company, announced today a Series A investment from Altacrest Capital. The funding will support MD Farma's expansion of its clinical product portfolio, only available through healthcare professionals, and the…
Dallas Based Applied Blockchain Continues With Crypto Mining IPO Trend
Applied Blockchain (OTCPK:APLD) has filed to raise $75 million in an IPO of its common stock, according to an S-1 registration statement. The firm provides co-hosted mining services for a variety of cryptocurrency mining companies. APLD is still at a…
Clubspeed Acquires Vantora to Extend Leadership into Axe-Throwing and Paintball Markets
Today, leading venue management software provider Clubspeed announced the acquisition of Vantora, a fast-growing online booking and waiver management software vendor. Clubspeed will acquire Vantora for an undisclosed sum in an effort to expand its market leadership and product portfolio.…
Dallas-Based Creator Economy Pioneer LTK Raises $300M from SoftBank
LTK pioneered the creator economy when it was founded in 2011, launching a new category that monetized Instagram and allowed lifestyle creators to become entrepreneurs. Now the Dallas-based company has new funding to back its status as an industry titan:…
UT Southwestern’s Harold C. Simmons Comprehensive Cancer Center has been awarded CPRIT $5.5 million in grants
Southlake’s AvodahMed Closes $7 Million Seed Round to Scale Digital Healthcare Platform with AI Capabilities
AvodahMed, a transformative SaaS company powering human-centered integrated artificial intelligence (AI) capabilities, announced today closing $7 million in seed funding to advance AvodahMed's digital healthcare platform. Launched by Avodah in 2020, AvodahMed connects medical providers and patients through bidirectional remote…
Brazil’s Nubank acquires Plano’s Olivia, a financial assistant app
Still preparing for its IPO, Nubank announced this Wednesday (17) the acquisition of artificial intelligence fintech Olivia. The startup develops an app that helps users to plan their expenses and save money. Created in 2016, in the United States, by…
Women’s Sexual Health Startup Rosy Closes $2M Seed Round to Boost Its Evidence-Based Platform
Rosy Wellness is taking a massive leap forward in advancing its mission to transform the sex lives of women across the country. The Dallas-based startup has closed a $2 million round of seed funding to further develop its flagship platform,…
Dallas-Based Getaroom Acquired by Booking Holdings Inc. in $1.2B Deal
Booking Holdings Inc. has entered into an agreement to acquire Dallas-based Getaroom to better support partners and customers as the travel industry continues to recover from the COVID-19 pandemic. The approximately $1.2 billion deal is subject to customary closing conditions,…
Blackstone Announces Strategic Investment in Life Science Logistics
Blackstone announced today that funds managed by Blackstone Tactical Opportunities have entered into a definitive agreement to make a significant, strategic investment in Life Science Logistics, a leading, national provider of healthcare supply chain solutions. The investment is intended to…
Sportsbook202 raised $3.6M round of angel funding
Dallas based Sportsbook2022, a sports betting technology company raised $3.6M of angel funding from undisclosed investors. www.sec.gov/Archives/edgar/data/1890311/000189031121000001/xslFormDX01/primary_doc.xml
Dallas Veterinary Diagnostics Lab Raises Growth Equity, Develops New Tools to Disrupt the Industry
Dallas-based Ellie Diagnostics announced a new capital partnership today to propel its mission of putting wellness at the core of animal health. Through an undisclosed investment from Avego Healthcare Capital, the private equity arm of Avego Management, Ellie plans to…
True Velocity Acquires LoneStar Future Weapons
Texas-based True Velocity has announced that it will acquire next-generation weapon manufacturer LoneStar Future Weapons in a transaction valued at approximately $84 million. The strategic acquisition enables True Velocity to extend its innovative approach to lightweight ammunition development and advanced…
Dallas-Based Email Security Company Zix Acquired by OpenText in $860M Deal
Canadian information management company OpenText has entered a deal valued at $860 million to acquire Dallas-based Zix Corp. Inc. Zix offers cloud email security, threat protection, and compliance cloud solutions to small and medium-sized businesses (SMBs) in healthcare, finance, and…
Dallas-Based Vaxxinity Prepares for $100M IPO; Aims to Turn Immune Systems Into ‘Antibody Factories’
Dallas-based Vaxxinity—which is using synthetic peptides to develop a “safe and mild” COVID-19 vaccine along with vaccine therapies for several chronic diseases—plans to go public this Thursday under the NASDAQ symbol VAXX. The biotech aims to raise $100 million by…
VoiceSage Acquires Coppell based 2sms to Strengthen Its Presence in the U.S. Market
VoiceSage, an Irish headquartered company, a global cloud communication company, acquires 2sms to build its presence in the U.S. market. This is our first strategic acquisition, so we are very excited to expand our capabilities. The Irish mobile messaging solution…
Grapevine-based Sera Systems grows with a combined seed and Series A round of $11.7 million
With a new combined seed and Series A round of $11.7 million, Founder and CEO Billy Stevens is using his patent-pending technology to help businesses automate dispatching technicians. www.bizjournals.com/dallas/inno/stories/fundings/2021/10/28/sera-systems-billy-stevens.html
Israeli Network Automation Company Moves HQ to Dallas, Closes $32M Series A Round
BackBox, a Tel-Aviv, Israel-based network automation innovator, has made two major moves to progress as a pioneer in comprehensive network management and security solutions: It closed on a $32 million Series A round and relocated its global headquarters to Dallas.…
OncoNano Caps $68.4M Series B Round With $18.4M Equity Investment From CPRIT for Cancer-Fighting Tech and Therapies
The Cancer Prevention and Research Institute of Texas (CPRIT) continued its strong support of Southlake-based OncoNano Medicine today by announcing it will convert $18.4 million in grant award funding into an equity investment in OncoNano. This conversion will close OncoNano's…
MilkSpace, Mama Moore’s Gourmet Popcorn Win Top Prizes at VWEC’s 4BUSINESSRECOVERY Pitch
Kellie Mumphrey, founder and CEO of Garland-based MilkSpace (above), was the big winner at the Veteran Women’s Enterprise Center 4BUSINESSRECOVERY pitch Wednesday. To help nursing moms, MilkSpace provides pop-up canopy “lactation spaces” to outdoor public space operators and event organizers.…
Dallas Biopharma ReCode Therapeutics Closes $80M Series B Round to Expand Drug Pipeline for Respiratory Diseases
Dallas-based ReCode Therapeutics, a biopharma that uses its proprietary non-viral lipid nanoparticle delivery platform in disease-modifying genetic medicines, has closed $80 million in Series B financing. The oversubscribed funding round was co-led by Pfizer Ventures, the venture capital arm of…
DFW based Element Finance raises $32 million for its DeFi fixed rate protocol
Element Finance has raised a $32 million Series A round at a $320 million valuation. The company has been building a new DeFi (decentralized finance) protocol on top of the Ethereum blockchain. It lets you earn predictable returns on investments…
Avalara acquires property tax software company CrowdReason
Seattle-based tax software company Avalara (NYSE: AVLR) announced Monday it has acquired property tax software company CrowdReason LLC. The companies aren't disclosing financial terms of the deal. www.bizjournals.com/seattle/inno/stories/news/2021/10/19/avalara-acquires-crowdreason.html
Avalara acquires property tax software company Dallas-based CrowdReason
Seattle-based tax software company Avalara (NYSE: AVLR) announced Monday it has acquired property tax software company CrowdReason LLC. The companies aren't disclosing financial terms of the deal. The news comes less than a month after Avalara announced it acquired California-based…
Plano’s AmplifAI Closes $18.5M in Series A Funding to Boost Its People Enablement Platform
Plano-based AmplifAI, an artificial intelligence startup dedicated to improving employee satisfaction, has closed on an $18.5 million round of Series A funding led by Greycroft, a seed-to-growth venture capital firm located in New York and Los Angeles. The capital is…
Mark Cuban-backed Otto raises $4.5M to turn car equity into credit
Otto, a fintech startup which aims to allow people to tap into their vehicle's equity for access to credit, has raised $4.5 million in a seed round of funding. The Dallas-based company is building a mobile platform that will essentially…
Southlake’s Solo Brands Files for IPO Following Three Acquisitions
Solo Brands, a Southlake-based maker of fire pits, camping stoves, and other outdoor lifestyle products, has filed for an initial public offering. According to the company’s SEC filing, it stated a listing size of $100 million, though that’s most likely…
Events Planning Startup Fêtefully Receives $1.3M Seed Round
Dallas-based events planning startup Fêtefully has received $1.3 million in a seed round led by L.A. VC firm Slauson & Co, with participation by Florida-based Gurtin Ventures. Fêtefully's Founder and CEO GiGi McDowell told NTX Inno she plans to launch…
Cypress Growth Capital Makes the First Investment Out of Its New Fund in Dallas’ Vision2 Systems
Dallas’ Cypress Growth Capital, a royalty-based growth capital investor focused on software and technology-enabled service companies, has made the first investment out of its newest $50 million fund in a local company. Cypress announced an investment of $2.8 million in…
Plano-based crypto mining and data center infrastructure company TMGcore reported raising $20 million
Plano-based crypto mining and data center infrastructure company TMGcore reported raising $20 million in debt funding and convertible promissory notes from five investors, per an SEC filing. According to Tech Crunch, the company already has around $70 million in funding,…
Dallas-Area Startup ASD.ai Gets $1M Angel Investment for its Rootines App, a “Digital Diary” for the Neurodiverse
Rootines helps the neurodiverse community by tracking their daily moods and routines. Developed initially for those on the autism spectrum, the app will soon support patients with other conditions like ADHD and bi-polar disorder. The $1 million angel investment was…
Richardson-based Gramercy Extremity Orthopedics (GEO) has completed a $9.83 million round of Series A funding
Richardson-based Gramercy Extremity Orthopedics (GEO) has completed a $9.83 million round of Series A funding to scale its technology and expand its suite of products in the U.S. extremity market. GEO offers an industry-first, cost-effective system that aims to revolutionize the way doctors deliver care in the operating room. The proprietary mobile implant and instrumentation inventory system, which is enabled with RFID technology, can hold more than 1,000 items for any specific facility, helping orthopedists and podiatrists better manage the surgical environment.
Arlington-based Abexxa Biologics Inc. has been acquired by a German pharmaceutical company. Boehringer Ingelheim
Arlington-based Abexxa Biologics Inc. has been acquired by a German pharmaceutical company. Boehringer Ingelheim plans to use Abexxa's tech in targeting cancer-specific proteins located inside the cell to boost its tumor-antigen discovery and ways of targeting intracellular antigens. It could lead to new cancer immunotherapies that are effective in a broader range of patients. In 2016, Boehringer's investment arm awarded Abexxa its initial investment funding. Abexxa then won its Ingelheim's Innovation Prize later that year.
TRY SECOND OPINION,INC completes the ‘Friends and Family’ Round in Record Time
The health tech firm TrySecondOpinion,Inc is excited to announce the completion of successful 'friends and family' funding round with overwhelming response. "The speed and investor quality that includes likes various diversified Angel investors validates TrySecondOpinions's resonating message and value proposition,"…
Fort Worth based Digital Seat Media raises $2.1m
Fort Worth based Digital Seat Media raises $2.1m in equity. The company uses QR codes to allow fans at sporting events to engage with teams, venues, or brands. www.sec.gov/Archives/edgar/data/1771135/000177113521000001/xslFormDX01/primary_doc.xml
Three Dallas Startups Join Google for Startups’ Black Founders Fund
With a second $5 million investment in the U.S. Black Founders Fund, Google for Startups has selected 50 Black founders as recipients of the $100K non-dilutive capital. Locally, that includes Fêtefully, Safer Management, and XR Sports Group. dallasinnovates.com/three-dallas-startups-join-google-for-startups-black-founders-fund/
Boehringer Ingelheim Acquires Arlington based Abexxa Biologics
Boehringer Ingelheim today announced the acquisition of Abexxa Biologics Inc., a biopharmaceutical company taking a new approach in the fields of immuno-oncology and oncology research to develop the next generation of precision medicines designed to revolutionize cancer treatments. The acquisition…
VOSS Solutions Acquires Irving Based Data Analytics Firm LayerX
VOSS Solutions has acquired data analytics and monitoring software firm LayerX Technologies. The acquisition forms an "important" part of VOSS' growth strategy and was made to support the accelerated business transformation journeys customers are undertaking as a result of the…
Dallas’ Shavelogic Hones Its Edge With $100 Million in New Growth Capital
Dallas-based Shavelogic Inc. has landed $100 million in new capital from investment banking firm Jefferies Group, the company announced. A relatively new brand in the skincare and grooming space, the innovation- and tech-driven brand is challenging a nearly $11 billion…
Dallas advertising and e-commerce insights startup Junction AI joins Pax Momentum Fall-21 cohort, receives funding
Junction AI has developed a product that takes unstructured data, analyzes it and then returns insights and recommendations, specifically for advertising and marketing. The product integrates into existing platforms and looks at the data surrounding advertising and marketing campaigns and…
Nanoscope Awarded $1.5 Million Grant for Eyesight Gene Therapy as it ‘Takes Steps to Go Public’
The National Eye Institute of the National Institutes of Health has awarded $1.5 million to Nanoscope Therapeutics for its ambient light-activatable optogenetic gene therapy. Bedford-based Nanoscope, a TechFW client, was given the Phase 2b Small Business Research Innovation (SBIR) grant…
Dallas Threat Detection Platform Lands $16 Million in Series A Funding to Fuel Advances and Expansion
Dallas-based Evolon Technology Inc., an advanced video surveillance platform, has raised $16 million in Series A funding and aims to expand. Founded by former engineers and scientists from the Los Alamos National Laboratory more than a decade ago, the company…
‘The Next Fintech Unicorn’: Dallas-Based CollateralEdge Emerges From Stealth With $3.5M and a Stellar Investor Group
Dallas-based CollateralEdge emerged from stealth today with a fintech platform that could boost local economies across the U.S. by helping commercial banks increase lending capacity for small to mid-sized companies nationwide. The startup has already raised an oversubscribed $3.5 million…
McKinney-based CourMed selected to get access to Microsoft’s $50 million capital fund
McKinney-based CourMed was selected as the first company to get access to Microsoft’s $50 million capital fund that supports small businesses. The award furthers Microsoft’s commitment to expanding opportunities for Black and African American-owned partners. Launched in 2018 as a…
Immerss Raises $1.1M in Seed Funding to Accelerate Its Live Video ecommerce Platform
Dallas-based Immerss, a live video ecommerce provider that aims to redefine the at-home shopping experience, has raised $1.1 million in seed funding led by Oak Stream Investors and Muse Family Enterprises. Immerss said that the new capital will allow it…
Electric Acquires Techvera, North Texas Premier IT Support Provider
Electric, the industry leader in providing world-class IT technology and real-time support for small and medium-sized businesses, today announced the acquisition of Techvera, a premier IT support provider based in North Texas. Techvera has been a leader in the IT…
Dallas’ Prebiotic Soda Brand Poppi Raises $13M From CAVU Ventures and Celebs Like Halsey, Russell Westbrook, and More
Dallas-based prebiotic beverage brand Poppi is taking on “big soda” with its clean, better-for-you product options—and it’s gotten some star-powered backing to do so. Poppi today announced a $13 million funding round to expand distribution, scale its internal team, and…
Frisco-Based Antuit.ai to Be Acquired By Zebra Technologies
Zebra Technologies, which offers front-line solutions to help businesses achieve a performance edge, announced today that it plans to acquire Frisco-based Antuit.ai. The transaction is expected to close this year, subject to customary closing conditions. Terms were not disclosed. The…
Dallas-Based Digital Health Solutions Company Recuro Raises $15M Series A Round to Build Its Growth
Just months after launching in March with a $2.9 million oversubscribed funding round, Dallas-based Recuro Health has brought in more capital to continue accelerating its growth. The digital health solutions company has raised $15 million in Series A financing led…
Dallas-Based Public Safety Company SURVIVR Gets Acquired by InVeris Training Solutions
InVeris Training Solutions, a provider of virtual and live-fire training systems for domestic and international law enforcement customers, has acquired Dallas-based SURVIVR. Brian Hoang and his co-founder, Marwan Kodeih, originally founded SURVIVR in 2016 as a game development studio called…
Rosy Continues Its Pandemic Momentum, Raising $1.3M of a $2M Seed Offering
Rosy recently announced that $1.345 million of its $2 million seed offering had been secured. The round will be led by True Wealth Ventures, an Austin-based VC fund that invests in female-led companies, with additional participation from Portfolia. dallasinnovates.com/rosy-continues-its-pandemic-momentum-raising-1-3m-of-a-2m-seed-offering/
Plano-Based Masergy Is Acquired by Comcast Business
Philadelphia-headquartered Comcast Business, the country's largest cable provider to small and mid-size businesses, has signed an agreement to acquire local networking services provider Masergy. The deal will accelerate Comcast Business' growing effort to serve more large and mid-size companies, according…
Plano property management software company acquired by firm backed by Goldman Sachs
A fast-expanding software company has been acquired after recently winning a multimillion legal case. ResMan, a property management platform provider, has become part of Tennessee's Inhabit IQ, according to a statement. Terms were not disclosed. www.bizjournals.com/dallas/news/2021/08/27/inhabit-iq-acquires-resman.html
Dallas fintech Indyfin raised $2m
Dallas fintech Indyfin, which offers an online platform to pair independent financial advisers with new clients, is fueling new growth with a $2 million raise led by Leo Capita. dallasinnovates.com/icymi-whats-new-and-next-in-dallas-fort-worth-innovation/
Dallas-Based BreachQuest Emerges From Stealth With $4.4M in Seed Funding From the Founders of Tinder and Other Leading Investors
A new startup in Dallas emerged from stealth today with $4.4 million in seed funding and a goal of modernizing incident response. BreachQuest is a cybersecurity firm that's building the "first modern incident response platform." Called PRIORI, the tech will…
Dallas fintech bringing advisers and customers together raises $2 million
Dallas fintech Indyfin, which offers an online platform to pair independent financial advisers with new clients, is fueling new growth with a $2 million raise led by Leo Capita. CEO Akshay Singh told the DBJ his company plans to use…
Dallas-Based BreachQuest Emerges From Stealth With $4.4M in Seed Funding From the Founders of Tinder and Other Leading Investors
A new startup in Dallas emerged from stealth today with $4.4 million in seed funding and a goal of modernizing incident response. BreachQuest is a cybersecurity firm that's building the "first modern incident response platform." Called PRIORI, the tech will…
Plano company specializing in video-streaming selling for $150 million
A Plano start-up that works on video streaming is selling to a public company in New Zealand. Pushpay, a payments and engagement services provider for faith-based and nonprofit groups, has made an agreement to acquire Resi Media LLC for $150…
Rosy Continues Its Pandemic Momentum, Raising $1.3M of a $2M Seed Offering
When Dr. Lyndsey Harper founded Rosy Wellness, she set out on a mission to bring women the help they need and deserve for their sexual health problems. Armed with years of experience as an OB-GYN and funding from angel and…
Social listening app Earbuds raises $3 million in Series A funding
Most startup origin stories don't begin on an NFL field, but that's where founder, CEO and offensive tackle Jason Fox conceptualized the idea behind Earbuds. As he watched first overall draft pick Cam Newton warm up before a game in…
Dialectic Therapeutics Receives $14.4 Million Texas Company Product Development Research Award from the Cancer Prevention & Research Institute of Texas
Dialectic Therapeutics, a Texas-based clinical stage biotechnology company focused on creating innovative new technologies to treat cancer, today announced it has received a $14.4 million Texas Company (TXCO) Product Development Research Award from the Cancer Prevention & Research Institute of…
Veryable Raises $31.9M Series A Round to ‘Revitalize U.S. Manufacturing’
Veryable, a Dallas tech company that connects businesses to independent workers for manufacturing and distribution, has raised a $31.9 million Series A round to continue working toward its goal to “variablize” labor. The funding was led by Gigafund, a VC…
Dallas Cryptocurrency Startup Zabo Acquired by Coinbase
Zabo, a Dallas-based data aggregator for cryptocurrency, today announced its acquisition by Coinbase, a crypto exchange platform. Zabo's technology connects cryptocurrency accounts making it easy for users to unify their crypto holdings. The core tech is a good fit with…
Dallas cybersecurity startup SolCyber announces $20 million in Series A
Dallas cybersecurity startup SolCyber launched from stealth today, announcing it has raised $20 million in Series A funding. The funding round was led by San Francisco-based ForgePoint Capital. SolCyber will use the investment to extend its tech offerings, build market…
Dallas Digital Real Estate Startup Nada Closes $2.5M Seed Round
Since launching in 2018, the team at Nada has been hard at work. Initially, Dallas-based Nada raised around $800K from private and institutional investors to quickly garner traction for its all-in-one online solution that acts as an alternative to the…
BILT Raises $9M in Funding to Expand 3D Intelligent Instruction App
BILT Inc., which makes a 3D smartphone app to help folks assemble things on their own at home, today announced its latest capital infusion: a $9 million dollar investment from Silverton Partners. Grapevine-based Bilt, which saw increased demand last year…
OneDay Raises a $19M Series B Funding Round to Continue Expanding Its Video Storytelling Tech Across Industries
When OneDay initially launched its video storytelling technology in 2017, it transformed the way people preserved their loved ones' life stories. But the Dallas-based startup had unearthed a solution that actually had myriad applications-and today, the team is rapidly iterating…
Plano-based Martin UAV to be Acquired by Shield AI
Martin UAV, a Plano-based aerospace company specializing in unmanned aircraft systems and associated flight control software, has entered into a definitive agreement to be acquired by fast-growing artificial intelligence developer Shield AI. The deal is meant to reinforce Shield AI's…
Atos Acquires Two Dallas-area companies – Nimbix and Visual BI
Paris, France-based Atos, a global leader in digital transformation with 105,000 employees, annual revenue of $13+ billion, and a North American HQ in Irving, has acquired two Dallas-area companies: Richardson-based Nimbix, a global high-performance computing (HPC) cloud platform provider, and…
Dallas Health Solutions Startup MediBookr Acquired by Plano’s Catalyst Health Network
Dallas-based digital health solutions provider MediBookr is continuing its momentum. On the heels of a bridge round in October and a fast feature rollout spurred by the pandemic, the startup has now been acquired by the parent organization of a…
Dallas health tech company raises $15 million in new funding to ease caregiving crisis
Dallas-based caregiver support company Cariloop expects to triple the size of its company and address the COVID-era caregiving crisis with its $15 million in new funding. Atlanta-based Noro-Moseley Partners, which first connected with Cariloop in 2016, led the funding round…
Frisco-Based Transplace Acquired by Uber Freight in $2.25B Deal
Uber Freight, the rideshare giant's trucking arm, entered into a definitive agreement today to acquire Frisco-based logistics software firm Transplace for approximately $2.25 billion. The deal consisted of up to $750 million in common stock of parent company Uber, and…
Frisco-Based Apty Raises $7.5M in Series A Funding to Grow Its Digital Adoption Platform Software
Apty, a Frisco developer of Digital Adoption Platform (DAP) software for enterprises to improve complex business platforms, has secured $7.5 million in Series A funding led by 645 Ventures. The deal comes on the heels of Apty raising $5.4 million…
Young Dallas HR Software Company Leadr Raises $10M Series A Round
A fast-growing local software company that aims to help organizations develop their own leaders has closed on a $10 million Series A round led by technology investment firm Bedrock. The Plano-based company-fittingly named Leadr-just launched in June 2019 to equip…
Rory McIlroy Invests in Dallas-Based Drive Shack’s Puttery
Golf superstar Rory McIlroy has always been great at putting. Now he’s driving his way into the business of golf entertainment. Dallas-based Drive Shack announced today that McIlroy and his investment partnership, Symphony Ventures, are investing $10 million in Puttery,…
Safer Air, Safer Streets: North Texas Center for Mobility Technologies Announces First Two Fundings
The University of North Texas is partnering with two Dallas-area startups on breakthrough mobility solutions-with part of an estimated $600K in total funding provided by the NTCMT. One startup is developing an airspace hazard identification and alerting service to ensure…
Gig Wage Raises an Additional $3.25M
Gig Wage, the local fintech behind technology that empowers 1099 workers with more control, has welcomed Clarisa Lindenmeyer as its chief of staff to the CEO and chief brand officer. In this latest addition to the executive team, Lindenmeyer will…
Sow Good raised more than $3M in equity funding
Irving-based Sow Good, which aims to produce the highest quality and most nutritious products in the freeze-dried food industry raised $3m in equity funding. The company, previously operating as Black Ridge Oil and Gas, last month announced that it was…
Satori Capital Invests in Formulife
Satori Capital, a Texas-based investment firm founded on the principles of conscious capitalism, announced today an investment in Formulife. Based in Allen, Texas, Formulife is a value-added developer and specialty contract manufacturer of custom-formulated nutritional supplements in powder, capsule, and tablet form for sports nutrition, fitness, and health and wellness brands that sell their products primarily via e-commerce. The company's in-house research, development, and flavoring laboratory allows it to design formulas to incorporate on-trend, high-quality ingredients, maximize solubility, and produce industry-leading flavors.
Dallas-Based Arcade Raises $4.5M Seed Round to Expand Its Incentivized Gamification Platform for Sales Teams
Dallas-based software company Arcade, which uses gamified micro-incentives to boost the productivity of sales teams, has closed on a $4.5 million growth seed round to grow its team and strengthen its offerings. The funding was led by VC firm Stage…
Plano voice verification startup lands $2.5M investment from recently formed fund
Sometimes it can be difficult to identify the voices of family and friends while on the phone, something that becomes even more important when you're trying to ID a voice for sensitive financial information. Illuma Labs, a Plano-based secure voice…
The Citizenry Raises $20M To Grow Its Dallas-Based Artisan Home Décor Brand
Local artisans in Morocco, India, Peru, and beyond used to have to wait for travelers to discover their wares. The Citizenry changed that by giving them a way to sell their hand-crafted, fair trade home décor over the Internet to…
Frisco’s Complexity Gaming sells to GameSquare Esports for $27 million
Toronto-based publicly traded esports firm GameSquare Esports has acquired Frisco's Complexity Gaming in a $27 million deal. Per the DMN, the all-stock transaction values Complexity at $33 million. Together, the two organizations aim to build a "global esports powerhouse." The…
The Citizenry Raises $20M To Grow Its Dallas-Based Artisan Home Décor Brand
Local artisans in Morocco, India, Peru, and beyond used to have to wait for travelers to discover their wares. The Citizenry changed that by giving them a way to sell their hand-crafted, fair trade home décor over the Internet to…
Blackstone invests in Fort Worth’s Simpli.fi
A Fort Worth-based programmatic advertising and agency management software company has received an investment from a major private equity firm. Blackstone on June 28 announced it has entered into a definitive agreement to make a significant equity investment in Simpli.fi.…
Dallas Rideshare Alto Closes $45M Series B, Bringing Total Funding to $60M
Dallas' own rideshare service, Alto, has completed a $45 million round of Series B financing-its largest yet-to continue propelling national growth and transforming the industry. The infusion of capital will fund a major pivot for the local startup: Going electric.…
Dallas’ Envy Gaming Invests in ‘Livestream Sidekick’ Botisimo
Dallas-headquartered Envy Gaming, one of the world’s largest esports and entertainment organizations, has made a strategic investment in fellow Dallas local Botisimo, a provider of comprehensive tools for streamers, to extend the duo’s longtime relationship. The move brings two major…
North Texas-based Lender Compliance Technologies Closes $4.15M Series A to Mitigate Regulatory Risks
Specializing in compliance solutions for automotive, RV, marine, and powersports lenders, Colleyville-based Lender Compliance Technologies (LCT), has raised $4.15 million in a Series A funding round to further the development of its technology solutions. Dedicated to supporting automotive entrepreneurs, businesses,…
Plano-based Clapper, a social media app that’s had more than 1M downloads, has raised $3 million in a seed round
Plano-based Clapper, a social media app that's had more than 1M downloads, has raised $3 million in a seed round, reports the DBJ. It's the first funding for the year-old company, which plans to use the capital for office space, bandwidth, and hiring.
Plano Hospitality Tech Firm Enseo Sells Majority Stake to H.I.G. Capital
Enseo, a Plano-based provider of in-room technology services, has secured a growth investment from H.I.G. Capital to rapidly accelerate its organic and inorganic growth. The investment gives H.I.G. a majority stake in the company. The hospitality tech company plans to…
Southlake Biotech OncoNano Medicine Raises $50M in Series B to Accelerate Cancer Tech Toward Commercialization
Southlake-based OncoNano Medicine, a spinout of University of Texas Southwestern that develops products to diagnose and treat cancer, has raised around $50 million in Series B financing to continue the momentum of its technology, which the biotech says can diagnose…
Dallas-based Nickson, a startup that fully furnishes apartments on demand, just received $12 million in Series A funding from Pendulum Opportunities,
Ever toured an apartment and fell in love with the model unit? You're not alone. Harvard Business School grad Cameron Johnson is a former institutional real estate investor and Greystar exec turned startup founder who realized that very often, "renters…
Dallas-Based Aiden Technologies Raises $2.9M in Seed Funding To Grow Its AI Cybersecurity Solution
Aiden Technologies, a leading autonomous endpoint security managed services provider of patch management solutions for Microsoft Windows, has raised $2.9 million in a seed funding round. Led by Right Side Capital Management and a number of institutional and individual investors,…
Dallas-Based Buff City Soap Gets New Funding From Equity Firm General Atlantic
Now that's how you clean up. Dallas-based Buff City Soap announced yesterday it has raised new funding from global growth equity firm General Atlantic. Terms of the deal were not disclosed. The new funding follows earlier investments from Crux Capital…
Dallas Startup Rhithm Raises $4M for Emoji-Based Student Wellness Platform
Student suicides. Childhood hunger. Kids with hidden challenges who fall through the cracks. Schools have struggled with these issues for years. Then COVID added remote learning and social isolation, creating a national crisis. It would be facile to say "there's…
Accelerate Real Asset Management Launches Renewable Energy Infrastructure Venture With $500M in Capital
Plano-based Accelerate Real Asset Management, a growth-oriented real asset platform, sees a significant renewable transformation happening in the U.S. economy. That's why the team plans to capture attractive, risk-adjusted returns in an emerging asset class of sustainable infrastructure royalties. dallasinnovates.com/accelerate-real-asset-management-launches-renewable-energy-infrastructure-venture-with-500m-in-capital/
Dottid Raises $4.5M in New Round of Funding To Expand Its PropTech Offerings
Dallas proptech startup Dottid, which offers a software-as-a-service technology platform for the commercial real estate industry, has raised more than $4.5 million in a newly closed round of capital funding. The investment was led internally, with key contributions from Matthew…
Dallas Startup Rhithm Raises $4M for Emoji-Based Student Wellness Platform
Student suicides. Childhood hunger. Kids with hidden challenges who fall through the cracks. Schools have struggled with these issues for years. Then COVID added remote learning and social isolation, creating a national crisis. It would be facile to say "there's…
UTD 3D Printing Spinoff Acquired by Desktop Metal
Adaptive3D Technologies, a leading provider of elastomeric solutions for additive manufacturing. It's been acquired by Boston-based Desktop Metal Inc. and will become its subsidiary in a deal announced today. Adaptive3D creates tough, flexible plastics and rubber-like materials one layer at…
Local logistics startup Selery lands $2M financing deal led by Dallas firm
A North Texas company is getting more financial backing as it helps businesses bolster their e-commerce efforts. Selery, a Carrollton firm that provides services and technology, has landed a deal for $2 million, according to Jason Taylor, CEO of the…
Irving’s AgileThought to Go Public Following Deal With Mexico-Based SPAC
AgileThought, an Irving-based provider of digital transformation and consulting services, is set to go public via a merger with blank check company LIV Capital Acquisition Corp. The definitive business combination agreement states that the combined company will operate as AgileThought,…
Local Auto Fintech Car Capital Launches Operations With $8.8M Series A
Grapevine-based Car Capital, a technology-based company that enables dealers to make auto loan decisions, has closed on an $8.8 million Series A funding round led by FM Capital. With the investment, Car Capital plans to expand operations, grow its network…
Dallas-Based Startup Raises Millions for the Tech Platform It Calls a ‘Carfax for Homes’
Although ZYYAH was initially self-funded for its 2018 founding, just a few years later, it has accomplished another successful round of multi-million dollar funding, per a statement. The Dallas-based startup’s platform is currently in its limited beta release, but is…
Irving’s Caris Life Sciences Raises $830M to Grow Its Precision Medicine Platform for Cancer Care
Caris Life Sciences, an Irving-headquartered biotech innovator in the precision medicine market, has raised $830 million in growth equity—one of the largest capital raises in precision medicine yet. The financing gives Caris a post-money valuation of $7.83 billion. It also…
Capital7 Invests in Leading Biotech Firm Allied BioScience to Support Growth, Company’s Portfolio Expansion
Allied BioScience, maker of revolutionary residual antiviral surface coating SurfaceWise2(tm) , announced today that Midwestern private equity firm Capital7, LLC has made an early stage investment in its Series C Preferred Stock. "After substantial due diligence, the Capital7 team decided…
Take Command Health raised $12M in a Series A investment
Take Command Health raised $12M in a Series A investment, CEO Jack Hooper said in an interview. That brings the overall funding at the startup to more than $17M. The round was led by LiveOak Venture Partners, an office in…
Applied Blockchain exited stealth mode, announcing its entrance into the Ethereum and Altcoin markets with an oversubscribed $16.5M private equity investment
Applied Blockchain exited stealth mode, announcing its entrance into the Ethereum and Altcoin markets with an oversubscribed $16.5M private equity investment and a strategic partnership with blockchain companies SparkPool and General Mining Research. www.bizjournals.com/dallas/inno/stories/fundings/2021/04/16/applied-blockchain-emerges-from-stealth.html
Dallas-based You Go Natural, a maker of products designed for women with kinky or curly hair, reported raising $2M in equity funding
Dallas-based You Go Natural, a maker of products designed for women with kinky or curly hair, reported raising $2M in equity funding from 11 investors in a new fund called YGN Corp. The company pushes out about 11K of its…
Dallas Fintech Zirtue Receives Investment From Northwestern Mutual, Bringing Its Total Seed Funding to $4M
Zirtue, a Dallas-based fintech startup behind the first and only relationship-based lending app, has received an undisclosed investment from Northwestern Mutual Future Ventures, the corporate venture capital fund of industry titan Northwestern Mutual. The funding is an addition to Zirtue's…
Medchart Raises $17M in Seed and Series A Funding to Hire Talent, Expand Product Innovation
North Texas-based Medchart has raised $17 million in Seed and Series A funding to help businesses get better access to patient-authorized health information. The investment was led by Crosslink Capital and Golden Ventures, with additional participation from Vast Ventures, Union…
EPA awards Fort Worth company $100,000 to remove oil and grease waste from sewer systems
The U.S. Environmental Protection Agency (EPA) recently announced an award of $100,000 to FHNC Ltd. Company in Fort Worth, Texas, to develop and commercialize an innovative technology that protects the environment and brings growth to the economy. The company plans…
Mavenir Gets a $500M Investment From Koch Strategic Platforms
Richardson-based Mavenir, a provider of cloud-native network software for the wireless industry, has signed an agreement with Koch Strategic Platforms, a subsidiary of Koch Investments Group, to receive a $500 million minority equity investment. With the deal, affiliates of Siris…
Dallas-Based Hair and Beauty Company You Go Natural Raises $2 Million in Seed Funding Round
You Go Natural (YGN), a Dallas-based hair and beauty company, announced it has closed a $2 million seed funding round led by Brand Foundry Venture Partners with other notable participants including Capital Factory, Willow Growth Partners, and Lightspeed Venture Partners.…
Spectral MD, based in Dallas, received approval for $20.6 million for a clinical study
Dallas-based Spectral MD, which uses data and AI to advance wound care, has gotten approval of $20.6 million for a clinical study under a contract with the Biomedical Advanced Research and Development Authority, DBJ reports. The contract follows $27 million…
Dallas-based Applied Blockchain has launched into the Ethereum and Altcoin mining business with a new strategic partnership and an oversubscribed $16.5 million private equity investment.
Dallas-based Applied Blockchain has launched into the Ethereum and Altcoin mining business with a new strategic partnership and an oversubscribed $16.5 million private equity investment. The partnership with blockchain companies SparkPool and General Mining Research (GMR) will allow the new…
Grapevine based Car Capital Launches Operations With $8.8M Series A
Grapevine-based Car Capital, a technology-based company that enables dealers to make auto loan decisions, has closed on an $8.8 million Series A funding round led by FM Capital. With the investment, Car Capital plans to expand operations, grow its network…
Plano-Based Alkami Plans IPO Launch at $2B Valuation
Alkami Technology, a Plano-headquartered provider of cloud-based digital banking solutions for banks and credit unions, today announced the plans for its initial public offering. In a filing with the U.S. Securities and Exchange Commission, Alkami set its expected initial public…
NoiseAware Raises $8M Series A to Grow its Rental Property Protection Footprint
Dallas-based NoiseAware, a provider of smart noise monitoring solutions, has raised an $8 million Series A funding round to accelerate its product innovation and market expansion. The financing was led by S3 Ventures, a VC firm focused on Texas, and…
Recuro Health, a new company in Richardson, attracted nearly $3 million in funding, and more could be on the way.
The technology startup targeting the health care industry landed an oversubscribed round, according to a statement. "The goal was to raise $2 million in the seed round and $2.9 million has come in, with a bit more possible," CEO Michael…
North Texas company, with leadership from Texas Instruments, launches with $15M in funding
A new chip company with folks who worked at Texas Instruments landed an investment. Nebula Microsystems has attracted $15 million in seed funding, the company announced in a statement Tuesday. The investment will primarily be used to expand its team…
Fort Worth-based Nacuity Pharmaceuticals has raised $3.17 million in equity and other options in an $11 million offering
The company has deep life science roots in DFW: CEO and Co-Founder Halden Conner is a son of Alcon founder William Conner, as well as a former board member of that company. The clinical stage startup's emerging anti-oxidative therapy moved…
Denton cargo bicycle company Bunch Bikes receives $100K investment
After going on Shark Tank to pitch Bunch Bikes, founder Aaron Powell has garnered $100,000 in equity with an additional $150,000 as a loan from "Shark" Barbara Corcoran. As part of the deal Corcoran will have a 15 percent stake…
Fort Worth startup finds new funding as it joins faith-focused accelerator program
OCEAN Programs has unveiled its 2021 accelerator cohort, and a Fort Worth startup is joining the lineup. Animal Cloud Device Connectivity, a Texas Christian University-based startup developing and commercializing a vital monitoring platform to help keep law enforcement animals safe…
Dallas-Based IoT Startup Haxiot Acquired by Digi International
Dallas-based Haxiot, a provider of low power wide area (LPWA) wireless technology, has been acquired by leading Internet of Things company Digi International. Terms of the deal were not disclosed. Haxiot was founded in 2015 to offer end-to-end LoRaWAN (Long…
Dallas digital talent agency part of Lolli’s star-studded $5M Pre-Series A round
Night Media, a local multimedia talent management company led by Reed Duchscher, has invested in Lolli, a bitcoin rewards application that lets people earn and own bitcoin when they shop online. Other participants in the funding round include Alexis Ohanian’s…
Trinity Private Equity Group leads biotech company’s $14M funding round
Nuclein has closed its $14 million Series B funding round, which was led by Southlake’s own Trinity Private Equity Group. Nuclein is recognized for its hand-held PCR platform designed as a disposable, all-in-one, self-test for infectious disease diagnosis. This funding…
Denton cargo bicycle company Bunch Bikes receives $100K investment
After going on Shark Tank to pitch Bunch Bikes, founder Aaron Powell has garnered $100,000 in equity with an additional $150,000 as a loan from "Shark" Barbara Corcoran. As part of the deal Corcoran will have a 15 percent stake…
Dallas-Based Digital Health Solutions Company Recuro Raises $15M Series A Round to Build Its Growth
Recuro Health, a Dallas, TX-based integrated digital health solution provider, closed a funding round of undisclosed amount. The round was led by OLSF Ventures with participation from Cortado Ventures, 1843 Capital and Sage Venture Partners. https://dallasinnovates.com/dallas-based-digital-health-solutions-company-recuro-raises-15m-series-a-round-to-build-its-growth/
Dallas company, Instil Bio, could raise over $300M in initial public offering
Instil Bio in Dallas has laid out a price range for its initial public offering - and it could mean hundreds of millions of dollars and a valuation of over $2 billion. The biopharmaceutical company anticipates the IPO price will…
Irving’s RumbleOn Reaches Agreement to Acquire, Merge With the Country’s Largest Powersports Retailer
The deal, valued at $575.4 million, will combine RumbleOn, an ecommerce platform for new and pre-owned motorcycles, with powersports retail giant RideNow. What will result is a first-of-its-kind omnichannel platform for powersports—a more than $100 billion industry—in North America. dallasinnovates.com/irvings-rumbleon-reaches-definitive-agreement-to-acquire-merge-with-the-countrys-largest-powersports-retailer/
Yum! Brands to Acquire Kvantum’s Leading Artificial Intelligence-Based Consumer Insights and Marketing Performance Analytics Business
Yum! Brands, Inc.today announced that it has entered into a definitive agreement to acquire the leading artificial intelligence-based consumer insights and marketing performance analytics business of Kvantum, Inc. By acquiring the Kvantum business, Yum! and its KFC, Pizza Hut, Taco…
Capital One Ventures Invests $24M in Addison Cybersecurity Company Securonix Through Strategic Partnership
Capital One Ventures has announced a $24 million investment in Securonix, Inc., a leader in the next-gen security information and event management (SIEM) industry. Along with the two companies' strategic partnership, Jay Emmanuel, a Partner at Capital One Ventures, is…
Gray leading group of investors in $40 million round for Dallas-based Envy Gaming
Gray Television, Inc. and Envy Gaming, an esports and entertainment company based in Dallas, jointly announced today that Gray is leading a $40 million investment round for the organization. As the lead investor in Envy's Series C round, Gray will…
Astrapi Corporation awarded a United States Air Force (USAF) AFVentures Phase I contract
Astrapi Corporation has been awarded its second Phase I SBIR contract from the United States Air Force. This is in addition to a USAF Agility Prime STTR Phase I also recently awarded to Astrapi. The new contract, awarded through AFVentures,…
Gozova, Fort Worth Moving-On-Demand App, Expands Aggressively After VC Deal
It's been almost a year since Gozova - an early-growth, on-demand Fort Worth company whose app pairs movers and crews to businesses and people who need items picked up and delivered or stored - secured $500,000 in seed capital from…
Dallas Medtech Phynd Acquired by Symplr
Dallas-based medtech company Phynd Technologies was acquired by symplr, a leading global healthcare governance, risk management, and compliance software-as-a-service company. The acquisition was backed by Clearlake Capital Group and SkyKnight Capital, and the transaction cost was not disclosed. Phynd had…
Dallas Digital Real Estate Startup Nada Raises $1.07M on Republic—the Max Funding Amount
Nada, a digital real estate startup that allows you to sell your home online and pay nada, has raised the maximum amount allowed by the SEC for its public equity offering on Republic, an investment platform that uses regulation crowdfunding.…
Stryve ‘Biltong’ Maker Plans to Go Public in $170M SPAC Deal
In entering a business combination agreement with Andina, a special purpose acquisition company, Stryve will become a public company. With the closing of the SPAC transaction, expected in Q2 of 2021, Stryve will be renamed to Stryve Foods, Inc. and…
Max-IR Labs Awarded $750K Phase II NSF SBIR Grant to Develop Real-Time Nitrogen Sensor for Wastewater Treatment Optimization
Max-IR Labs, an infrared sensor technology company based in Dallas, Texas, announced it has been awarded a Phase II Small Business Innovation Research (SBIR) grant of $750,000 by the National Science Foundation (NSF) to continue development of its patented ISMIR…
Dallas based cancer biotech Instil Bio files for a $100 million IPO
Instil Bio, an early stage biotech developing cell therapies for cancer, filed on Friday with the SEC to raise up to $100 million in an initial public offering. Instil Bio is developing a cell therapy pipeline of autologous tumor infiltrating…
Dallas CEO – who gained fame on YouTube – now leads tech startup that landed $3.7M
Landon Nickerson saw his fortunes soar on YouTube as he accumulated millions of subscribers. Now, he's the CEO of a company that's got fresh funding as it takes on augmented reality. Dallas-based ARKH has attracted $3.7 million, according to a…
Dallas-based Dialectic Therapeutics raises more than $6M
Dialectic Therapeutics issued an SEC Form D to confirm the sale of nearly $6.4 million in debt, options, warrants and/or other rights to purchase securities. According to the filing, the Dallas-based cancer treatment technology developer made the first sale in…
Signify Health’s IPO Makes its Stock Market Debut
Dallas-based Signify Health, a technology-enabled healthcare provider that aims to transform how care is paid for, has officially made its stock market debut, and experts are saying it exceeded expectations. On Feb. 10, Signify Health priced its initial public offering…
Irving-Based Sow Good Raises $2.5M, Adds CRE Expert to its Board
Irving-based Sow Good, which aims to produce the highest quality and most nutritious products in the freeze-dried food industry, is making some big moves on the heels of changing its name and stock symbol with a capital raise and new…
Dallas-based startup MyndVR aims to raise up to $1 million with a new equity crowdfunding campaign
MyndVR, the leading provider of virtual reality solutions for older adults in the United States, announced today the launch of their equity crowdfunding campaign on Republic, a leading investment platform that provides access to top startups for the spectrum of…
Supply Chain and Logistics Startup Slync.io Closes a $60M Series B Round Led by Goldman Sachs Growth
Slync.io, a platform for global supply chain and logistics operations, has closed on a $60 million Series B funding round led by Goldman Sachs' Growth Investment division. The news follows some big moves for the global company, which aims to…
OxeFit Closes $12.5M Series A to Revolutionize the World of Strength Training
Plano-based fitness startup OxeFit, which aims to be a trailblazer in the training world by providing users with a tech-driven fitness experience, has closed on a $12.5 million Series A funding round. The oversubscribed financing was led by Lydia Partners,…
Frisco-Based Gearbox Acquired by Embracer Group in $1.3B Deal
Frisco-based Gearbox Entertainment will join Embracer Group as a wholly-owned subsidiary, the companies announced today. Employee-owned Gearbox, which was founded in 1999, is being acquired by the Swedish-based global game giant in a transaction worth up to $1.3 billion. Gearbox…
Nanoscope wins $60,000 in National Eye Institute Challenge
With the eyes of the nation upon them, leading ophthalmic researchers at the University of Colorado, Miami University and those from Nanoscope(r) , led by Samarendra Mohanty, PhD, were recognized as the winning top research team of the 3D-ROC challenge…
Dallas-Based Automated Stock Trading Marketplace Wins Impact Ventures’ Pitch Competition
The founder of a Dallas-based automated stock trading marketplace took the top prize in Impact Ventures’ startup pitch competition on Saturday. The AlgoPear platform aims to remove investment barriers to financial freedom for all income sectors. “We’re automating stock trading…
Berkshire Biomedical Raises $3M to Continue Developing Its Virtual Care and Prescription Drug Management System
Dallas-based digital health company Berkshire Biomedical, which aims to to revolutionize personalized medication delivery through its concentration on virtual care, has closed a $3 million round of funding from accredited investors, marking its first third-party investment. Successful medical outcomes rely…
ASG, a portfolio company of Alpine Investors acquires Richardson based Visual Matrix
ASG, a portfolio company of Alpine Investors that buys, builds and operates vertical SaaS companies, today announced that it has acquired Visual Matrix, an industry leading hotel property management software providing an all in one PMS with revenue management, channel…
Post Acute Analytics Announces Series B Funding Led by Concord Health Partners and Dorilton Capital
Post Acute Analytics, a provider of end-to-end solutions that empower healthcare providers and payors to positively impact the total quality and cost of care, today announced the Company has closed a Series B round of funding. The round was co-led…
Dallas-Based Preciate Gets $4.6M Seed Round to Scale Its Virtual Social and Peer Recognition Tech
Today, the startup announced the closing of a $4.6 million seed funding round led by Inspiration Ventures. Preciate plans to scale its product development and marketing functions, including hiring for a number of roles. Founders Capital Partners and the Santa…
Fort Worth-Based TimelyMD Raises $60M to Grow Its Telehealth for Higher Education
Fort Worth-based TimelyMD, which lauds itself as the only full-service student-first telehealth provider, has received a $60 million investment from JMI Equity, a growth equity firm focused on software companies. TimelyMD plans to use the funding to continue rapidly growing…
Gig Wage Raises $2.5M Follow-On to Its Recent $7.5M Series A Round
After raising a $7.5 million Series A round in October, Gig Wage, the Dallas-based fintech that aims to simplify payroll for the gig economy, has raised an additional $2.5 million to continue boosting its seamless, reliable banking platform. The deal…
Tech firm focused on commercial real estate raises $3m as demand grows
A North Texas startup helping companies with their commercial real estate just landed some more funding. RefineRE has raised $3 million in a new investment that was led by Mucker Capital, a Santa Monica, California, investment firm. That follows funding…
McKinney-based beauty tech startup ShearShare has closed a $2.3 million seed round.
ShearShare, which calls itself the first mobile marketplace for stylists, announced it has closed $2.3 million in seed funding. ShearShare's founders-husband-and-wife team Courtney and Tye Caldwell-say this funding will be utilized to further their mission to connect stylists to affordable…
California investment firm acquires Dallas data company
A California firm has acquired a North Texas company. Black Box Intelligence, a Dallas technology firm targeting the restaurant industry, received a "significant growth investment" from Diversis Capital Partners, a Los Angeles-based buy-out firm, according to a statement. www.bizjournals.com/dallas/news/2021/01/12/black-box-intelligence-diversis-capital-partners.html
M-Files Secures $80 Million Growth Investment Led by Bregal Milestone
M-Files, the intelligent information management company, today announced that it has received a strategic investment of $80 million (€67 million). Bregal Milestone, a European growth capital firm, led the round with current investors Partech, Tesi and Draper Esprit also participating.…
DEI Tech Startup Kanarys Raises $3M Seed Round, Bringing Total Funding to $4.6M
The "historic" funding round means that Co-Founders Mandy Price (CEO) and Star Carter (COO) are among 25 Black female founders to have raised at least $4.6 million in venture capital. Officially launched in July 2019, the Kanarys platform uses anonymized…
mindzie Raises $2.3M in Seed Funding
mindzie, a Dallas, TX-based provider of business process optimization software, raised $2.3m in seed funding. The company intends to use the funds to for the further development of its software platform, the mindzie studio, and to expand its Artificial Intelligence…
Richardson-Based RealPage Is Acquired by Thoma Bravo in $10B Deal
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
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
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
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
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
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
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
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
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/
Colorcast has raised $15K in debt and equity financing.
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
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
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
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
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
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
-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
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
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…
Adaptive3D Closes on a Series B Investment to Scale Up On Materials for 21st Century Manufacturing
Dallas-based Adaptive3D, which calls itself the premium supplier of Additive Manufacturing polymer resin, has secured a round of undisclosed Series B financing. The funding was led by the Arkema Group, a France-based producer of specialty chemicals, and had support from…
Fort Worth based CoreCare raises $3 million for managing billing and payments from public health benefit providers
CoreCare, a provider of revenue management services for healthcare companies dealing with public health benefit providers, has raised $3 million in a seed financing round. The company, which uses machine learning, automates large swaths of billing and revenue cycle management…
Fort Worth Convenience Store Operator Yesway Raises $235M For an Extensive ‘Raze and Rebuild’
Fort Worth-headquartered Yesway, a fast-growing convenience store operator, announced today that it has closed on an additional $235 million in equity funding. Yesway is new to North Texas, having just announced in August 2020 that it was closing its Des…
Caris Life Sciences Raises $310M to Continue Rapidly Growing in the Precision Medicine Market
Irving-headquartered biotech innovator Caris Life Sciences has raised $310 million in growth capital to continue growing its precision medicine, which aims to reinvent cancer care. This is the first significant external equity investment Caris has received, according to Vice Chairman…
Dallas Fintech Gig Wage Raises $7.5M Series A Led by its New Infrastructure Bank Partner Green Dot
Gig Wage, the Dallas-based pioneer in simplifying payroll for the gig economy, has raised a $7.5 million Series A round to boost its seamless, reliable banking platform. The funding was led by Green Dot, a financial technology and bank holding…
Callaway to buy rest of Topgolf
Golf club maker Callaway Golf Co said on Tuesday it would buy the rest of Topgolf Entertainment Group, giving the U.S. driving-range operator an equity value of about $2 billion. Shares of Callaway, which has been an investor in Topgolf…
Frisco-Based TUBBR Raises Angel Funding to Support the Launch of its Beta
TUBBR is a new social network that aims to give the control back to the users. The platform allows people to see and share what they want-and potentially get paid for it. With the new funding, founders are preparing for…
Healthcare Company MediBookr Closes Bridge Round, Raises Total Funding to $3.3M
The Dallas company closed a bridge round from a DFW institutional investor. The funding will be used to support MediBookr's growth and expand its proprietary digital health platform. dallasinnovates.com/healthcare-company-medibookr-closes-bridge-round-raises-total-funding-to-3-3m/
Linear Labs Raises $6M to Further Develop Its Smart Motor Manufacturing Capabilities and Employee Base
Fort Worth-headquartered smart electric motor company Linear Labs is expanding its manufacturing capabilities and employee base through a new $6 million round of funding. The additional capital follows the official start of a public/private partnership between and the city of…
Google for Startups Awards $300K to Four Dallas-Area Black Founders
CourMed, Kanarys, ShearShare, and Zirtue are among the 76 nationwide recipients of the $5 million Google for Startups Black Founders Fund. Each startup will receive non-dilutive cash awards-meaning that the founders aren't giving up any company ownership in exchange for…
Dallas-Based Botisimo Raises $700K in Seed Funding for Cross Platform Tools for Streamers
Botisimo's tech has been used by more than 100,000 live streamers. That includes some notable names: Monstercat, Snoop Dogg, and Dude Perfect. dallasinnovates.com/dallas-startup-with-the-most-powerful-x-platform-tools-for-streamers-raises-700k-in-seed-funding/
Frisco Fintech Payrix Extends Its Series A Financing, Surpasses $50M in Investments
Frisco-based Payrix is on a fast growth track: The fintech has extended its Series A financing, surpassed $50 million in investment, and expanded its leadership team. Payrix takes a "crawl, walk, run" approach to payment facilitation-and it says it's the…
Alkami Technology Closes a $140M Funding Round After Hitting Major Growth Milestones
The raise puts Alkami's total funding at more than $400 million. It comes at a time when the cloud-based digital banking solutions provider is nearing 10 million digital users. dallasinnovates.com/alkami-technology-closes-a-140m-funding-round-after-hitting-major-growth-milestones/
Alkami Technology Closes a $140M Funding Round After Hitting Major Growth Milestones
Plano-headquartered Alkami Technology, which bills itself as a leader in providing cloud-based digital banking solutions for banks and credit unions, has closed on a $140 million funding round. The fintech innovator said the financing follows several major growth milestones. It…
Briocare, a smart voice tech platform that helps seniors age in place, has received a $100,000 investment from Render Capital
Briocare, a smart voice tech platform that helps seniors age in place, has received a $100,000 investment from Render Capital. The Frisco-based startup was one of eight winners in Render's inaugural competition. render.capital/winners-of-the-inaugural-render-competition-announced/
Taysha Makes Rapid Ascent from Launch to IPO
Taysha Gene Therapies has reached after launching less than five months ago. Starting with $30 million in seed financing in April, Taysha sprinted through a $95 million Series B in August and rounded the corner this Thursday to bring in…
Subeca raises $1.25m in funding
Subeca develops an intelligent water utility platform that offers water controlling and reduction solutions to residential and commercial sectors. subeca.com/
OneNeighbor raises $1.3m in seed round
OneNeighbor is an app that allows homeowners to find, purchase, and manage home services. OneNeighbor raised $1.3m in seed round. www.oneneighbor.com/
Fort Worth Ophthalmic Biotech Eyevance Exits to Japanese Firm for $225M
Fort Worth is getting another huge biotech success story: Eyevance Holdings LLC has entered into a shared purchase agreement with Osaka, Japan-based Santen Pharmaceutical Co., Ltd. Per the agreement, Santen Holdings U.S. Inc., a wholly subsidiary of Santen, will acquire…
Roomored Gets Investment to Boost its 3D Visualization Platform for Homebuilders
Roomored has announced a new strategic investment from Interior Logic Group (ILG), one of the leading providers of interior finish solutions for homebuilders. According to Malik, ILG immediately recognized the technology's vast market potential. dallasinnovates.com/roomored-gains-investment-to-boost-its-visualization-platform-for-homebuilders-ever-more-important-in-a-covid-world/
Researchers receive $45 million federal grant to study health disparities in Alzheimer’s disease
Researchers at HSC Fort Worth were awarded a grant expected to total $45 million from the National Institute on Aging, part of the National Institutes of Health, to expand innovative research into Alzheimer’s disease and the biological differences that cause…
Monarc raises $1.3m in seed funding
Monarc is a Dallas-based sports robotics and software company. We have created the Seeker, the world's first and only robotic quarterback. By pairing with our real-time tracking system, athletes can engage with the Seeker's catalog of modes and drills -…
Richardson-based tech firm Nimbix has raised $2 million of a $2.5 million offering
Richardson-based tech firm Nimbix has raised $2 million of a $2.5 million offering, per a Form D filing. "We pioneered the field known as 'cloud supercomputing,' or high-performance computing in the cloud," CEO Steve Hebert previously told Dallas Innovates. www.sec.gov/Archives/edgar/data/1556614/000155661420000003/xslFormDX01/primary_doc.xml
Dallas-based Biotech CerSci Acquired by ACADIA Pharmaceutical in $52.5M Deal
Dallas-based biotech CerSci Therapeutics has been acquired in a $52.5 million deal that could net nearly $900 million more for its shareholders with milestones and royalties. The clinical-stage biotechnology startup was acquired by ACADIA Pharmaceuticals, along with the worldwide rights…
Fort Worth biotech Cx Precision Medicine has raised about $600,000 in equity funding, according to a new SEC filing
Fort Worth biotech Cx Precision Medicine has raised about $600,000 in equity funding, according to a new SEC filing. The University of North Texas Health Science Center internal startup is developing what would be the first-ever blood test to screen…
Southlake BioTech Startup Gets $10M Grant from CPRIT for Technology That ‘Lights Up’ Cancer
Southlake-based biotech startup OncoNano Medicine says it’s received a $9.97 million grant from the Cancer Prevention and Research Institute of Texas (CPRIT) to expand uses for its innovative lead product, OHM-100, that “lights up” a tumor to distinguish it from…
Elite Kids wins $25,000 grand prize at Black Girl Magic Digital Summit awards
More than 15,000 women of color gathered (virtually) for the Black Girl Magic Digital Summit last weekend, according to the organizers of the two-day summit hosted by Boss Women Media. The event came during a time when we all needed…
Plano’s Alkami has raised more than $50M – again
Alkami is at it again with fundraising. The Plano financial technology company has attracted more than $50 million, according to CFO Bryan Hill. The new effort comes after the company landed $55 million around June of last year. At the…
MAG Aerospace Acquires Remotely Piloted Solutions
MAG Aerospace (MAG) has acquired Remotely Piloted Solutions (RPS), headquartered in Dallas, Texas. This acquisition adds over 300 C5ISR (Command, Control, Computers, Communications, Cyber, Intelligence, Surveillance and Reconnaissance) professionals to MAG's existing team of experts. www.prnewswire.com/news-releases/mag-aerospace-acquires-remotely-piloted-solutions-301112507.html
Dallas’ Enterprise Data Solutions Provider K2View Raises $28M for Rapid Expansion
Dallas-based K2View is looking to its next stage of growth in the emerging DataOps market—and it has a new $28 million funding round to back that. K2View takes a 360-degree view of data to the next level. The company, which…
Align Capital Acquires Transportation Tech Company to Speed Scale, Mobility Solutions
Richardson-based Electronic Transaction Consultants Corporation (ETC), a technology solutions provider for the mobility and transportation industries, has been acquired by Align Capital Partners, the companies announced today. Align Capital Partners, which has offices in Dallas and Cleveland, acquired ETC from…
Kana gets a $500K pre-seed round
On the heels of a $500K pre-seed round to build a marketplace for cannabis gigs, the Kanna CEO Farhaj Mayan is bullish. There's an "unbundling" coming-and that means the right infrastructure is being set up to help small business owners…
Dallas cybersecurity firm raises $10 million
Cyber Defense Labs LLC has raised $10 million. The investment will enable the company to hire additional sales-team members, increase brand awareness and market visibility -- and expand delivery operations www.bizjournals.com/dallas/news/2020/08/07/cyber-defense-labs.html
Dallas Gene Therapy Startup Closes $95M Series B to Bolster its Initial Clinical Studies
On the heels of Taysha Gene Therapies emerging from stealth with a $30 million Series A and a strategic partnership with UT Southwestern in April, the Dallas-based biotech has closed on a lot more money. Taysha has closed on an…
Plano-Based Purpose Tea Among Stacy’s Rise Project $10,000 Grant Winners
Purpose Tea is a mission-driven company specializing in purple tea “rich in health benefits,” including lower caffeine levels, fat-burning properties, and high antioxidant levels, according to its website. dallasinnovates.com/plano-based-purpose-tea-among-stacys-rise-project-10000-grant-winners/
Dallas based Nada announces a new seed round of up to $2MM from private and public investors on a SAFE note.
The mission behind Dallas-based real estate startup Nada is as simple as it sounds: Sell your home online, pay nada. Nada was created to disrupt the residential real estate model. Not only is the platform easily accessible online, but homeowners…
Mountain (now River Health) Raises $1.5M in Seed Funding
Mountain Health Technologies, a Dallas, Texas-based innovative healthcare company for young adults to receive healthcare, closed a $1.5m seed funding round. The round was led by Matchstick Ventures with participation from Northwestern Mutual Future Ventures, Techstars Ventures, Bread and Butter…
Siepe, a local startup assisting asset managers, raises $3.25M
A local startup assisting the financial services industry has landed a new investment. Siepe, based in Dallas, has closed a Series A funding round of $3.25 million. The company attracted the investment from a group of high net-worth individuals, according…
Dallas’ Logistics Company Mercado Gets $2.5M Investment
Mercado is continuing to progress toward its goal of transforming the global supply chain. The Dallas-based startup has closed on a $2.5 million funding round, which follows a $3.2 million seed round announced in November 2019. Mercado is behind an…
On The Road Garage Gets $3M Seed Funding From Perot Foundation
Michelle Corson is a car buff with a mission to help working families build prosperity. Her latest endeavor, On the Road Garage, which has received $3 million in seed funding from The Perot Foundation, fires on all the cylinders. The…
Equalizer Games Secures $100K Funding From Prominent VC
Dallas native Arlan Hamilton, who is well-known in the VC community for her investments in underrepresented entrepreneurs, has made a $100,000 investment in a rising local startup, The Equalizer Games LLC. The funding-made by Hamilton's ArlanWasHere Investments-will go toward The…
Nanoscope Therapeutics Closes Series A
Bedford-based Nanoscope Therapeutics was over-subscribed for its recent Series A funding round. The TechFW client also announced it was adding Dr. Alvaro Guillem, co-founder of ZS Pharma, as its Chairman of the Board. The undisclosed amount of Series A funding…
Jaylon Smith Invests $600K to Minority Entrepreneurs in Inaugural MEI Texas Showcase
The Dallas Cowboys linebacker and his team at the Minority Entrepreneurship Institute hosted a "Shark Tank"-style pitch competition to help Texas-based minority entrepreneurs grow their businesses. dallasinnovates.com/jaylon-smith-invests-600k-to-minority-entrepreneurs-in-inaugural-mei-texas-showcase/
Work Shield Closes $4M Series A Investment
Work Shield, the Dallas-based startup behind technology for reporting, investigating, and resolving harassment and discrimination in the workplace, has closed on a $4.11 million Series A funding round. The financing was led by Dallas-based Hoak & Co. in partnership with…
Trivie Closes $5M Series A To Expand Workforce Knowledge Platform
Frisco-based Trivie, a training and communication startup that helps companies better engage their workforce in knowledge retention and communication, has closed $5 million in Series A funding to increase distribution of its app. dallasinnovates.com/frisco-based-trivie-closes-5m-series-a-to-expand-its-workforce-knowledge-retention-platform/
Following a $5.2M funding, Dallas’ OneDay Launches Video Storytelling Tech for the Funeral Home Industry
Following a Series A funding round of $5.2 million in January, OneDay has now launched its pivotal new product. And, it was named one of Inc.’s Best Workplaces of 2020 and has grown 90 percent in the past 90 days.…
AI Tech Company BALANCED Closes $3.5M Seed Round
BALANCED has announced closing a $3.5 million seed funding round. A number of Dallas investors participated in the round, according to CEO Robert Atkins. That includes Dr. Bobby Lyle, who became interested after following BALANCED's work at SMU Guildhall and…
Biotech startup Lantern Pharma’s IPO yields $26 million for its cancer drug development
A Dallas biotechnology startup will hire more cancer researchers, biologists and artificial intelligence developers with the $26 million it raised in an initial public stock offering this week. www.dallasnews.com/business/health-care/2020/06/16/biotech-startup-lantern-pharmas-ipo-yields-26-million-for-its-cancer-drug-development/
Plano-based Reata’s stock soars 28% after scoring $350 million investment from Blackstone
Plano-based Reata Pharmaceuticals Inc. is getting a $350 million infusion from a Wall Street titan to aid in bringing its chronic kidney disease drug to the commercial market. www.dallasnews.com/business/health-care/2020/06/11/plano-based-reatas-stock-soars-26-after-scoring-350-million-investment-from-blackstone/
Dallas Startup Taysha Gene Therapies Launches With $30M Seed Round
Dallas-based biotech Taysha Gene Therapies has emerged out of stealth with a $30 million seed round and a new strategic partnership with UT Southwestern. The company aims to end severe and life-threatening diseases of the central nervous system caused by…
Peak Nanosystem Lands $25M Series C
Peak Nanosystems LLC, a global company headquartered in Coppell that specializes in the development and deployment nanotechnology systems, has closed its Series C funding round with a $25 million investment from Connecticut-based Squadron Capital. The new money is two-fold: Peak…
Dallas Biopharma ReCode Therapeutics Gets $80M Series A Investment
Dallas biopharmaceutical company ReCode Therapeutics has received an oversubscribed $80 million Series A investment-the largest funding round this year in Dallas-Fort Worth-that it will use to bring new lung disease drugs to market. The company said that it will file…
Biotech Firm Allied BioScience Lands Investment To Meet Demand
Allied BioScience (ABS), a Dallas-based biotechnology company specializing in antimicrobial coatings for public spaces, announced that it is among Lydia Partners' initial round of multimillion-dollar investments in consumer technology, healthcare, and biomedical ventures. The capital will be used to scale…
Cariloop Lands $6M Series A Funding
In 2013, Cariloop graduated from the Health Wildcatters Accelerator program. The Dallas-based startup was ahead of its time; it's one of the first to market that pairs families with a healthcare professional on a HIPAA-compliant, cloud-based application. Now, Cariloop is…
Bestow Closes $50M Series B Round
The $50 million Bestow raised was led by Valar Ventures, with contributions from current investors (NEA, Morpheus Ventures, and Core Innovation Capital) and new participation from Sammons Financial. Bestow is backed by some of the top coastal VCs, which combined…
Dallas Logistics Tech Startup KoiReader Raises $60K In Seed Funding
Dallas-based KoiReader Technologies Inc. has announced it raised $60,000 in seed funding, intended to be used to build its AI-driven automation and video feed data capture suite for the transportation and logistics sector. Founded by Ashutosh Prasad and Vivek Prasad,…
Salesforce Ventures Investment in AVIO Consulting Fuels Growth and Expansion
AVIO Consulting, a software consulting firm that specializes in accelerating digital evolution in large enterprises, recently received an investment from Salesforce Ventures and their Consultant Trailblazer Fund. The fund provides the next generation of cloud consulting companies and digital agencies…
Nanoscope Technologies Gets $2M Grant From National Institutes Of Health
Bedford-based Nanoscope Technologies, LLC has received more than $2 million from the National Eye Institute (NEI), a division of the National Institutes of Health (NIH), in the form of a Small Business Innovation Research Award. With the funding, Nanoscope will…
Fort Worth Could Be the Future of Energy 2.0 With a New First-of-its-Kind Partnership
A public/private partnership between Fort Worth and Linear Labs could make the city home to the smart electric motor industry. And, Linear Labs could get around $70M for R&D from the city to do so. dallasinnovates.com/fort-worth-could-be-the-future-of-energy-2-0-with-a-new-first-of-its-kind-partnership/
Nanoscope gets a $2M grant from the National Institutes of Health
Bedford-based Nanoscope Technologies, LLC has received more than $2 million from the National Eye Institute (NEI), a division of the National Institutes of Health (NIH), in the form of a Small Business Innovation Research Award. dallasinnovates.com/two-techfw-clients-receive-awards-from-nasa-and-the-national-eye-institute/
Encore Drive-In Nights receives $4.8m in Series A funding
Fort Worth based Encore Drive-In Nights is an experiential Content Distribution Company with exclusive distribution rights across North American drive-ins www.crunchbase.com/organization/encore-drive-in-nights
Dallas-based DartPoints Gets Majority Investment from Astra Capital Management
A Dallas-based owner and operator of edge colocation data centers has received a majority investment from a private equity firm. Washington, DC-based Astra Capital Management aims to invest in businesses that see growth in communications and technology. The firm says…
$100 million investment boosts startup o9 Solutions into rarified world
Dallas-based o9 Solutions is the region's newest unicorn with a $100 million investment from private equity giant KKR that values the software company at more than $1 billion. www.dallasnews.com/business/technology/2020/04/28/major-investment-boosts-dallas-startup-o9-solutions-into-the-vaunted-unicorn-world/
Naya Ventures Portfolio Company Motivity Labs Exits to JNIT
Dallas-based VC firm Naya Ventures has found success in another one of its portfolio companies. Motivity Labs, a local startup founded in 2009 that offers innovation-as-a-service has merged with JNIT, an IT consulting and solutions firm. Naya Ventures today announced…
Plano based Accel Invests $2mn Funding in Aavenir, a Source-to-Pay Start-up on ServiceNow
Aavenir, a SaaS-based Source-to-Pay solutions provider, announced it has received US$ 2mn seed funding from global venture capital firm Accel. Aavenir's singular vision is to deliver the future of work by automating the source-to-pay process on ServiceNow, the world's most…
Dallas based Contractor Marketplace Secures $10 million
IFM Restoration - an online marketplace that connects contractors with owners and property managers of rental properties - announced it closed $10 million in Series A funding co-led by S3 Ventures and Brick & Mortar Ventures. FM Restoration is known…
Blue Box Grows HVAC Coronavirus Scrubbing Solution and Raises Capital
Blue Box recently finalized a new raise of $2.5 million at a $25 million valuation, and Metropoulos consolidated his oil and gas joint venture and brought on the Blue Box Energy team onto Blue Box Air. dallasinnovates.com/blue-box-grows-hvac-coronavirus-scrubbing-solution-and-raises-capital/
ReCode Therapeutics Raises $80 Million in Oversubscribed Series A Financing
ReCode Therapeutics, a private biopharmaceutical company pioneering precision medicines for pulmonary diseases, today announced the close of an oversubscribed $80 million Series A financing round. OrbiMed Advisors LLC and Colt Ventures co-led the round, with participation from MPM Capital, Vida…
Predictive Fitness raises nearly $800K in equity offering
Southlake-based Predictive Fitness has raised $799,999 of a $2 million equity offering, according to a filing with the U.S. Securities and Exchange Commission. Predictive Fitness uses big data, advanced analytics, and biometrics to impact athletic and fitness performance in positive…
StackPath’s New Series B Round Takes Total Equity Raised To $396M
Dallas-based edge computing innovator StackPath announced a Series B equity funding round that it will use to accelerate growth in product development, engineering, and go-to-market activities. The amount of the round was not disclosed, but it was led by California-based…
Bio-Rad Laboratories Acquires Fort Worth’s Exact Diagnostics
Fort Worth-based biotech startup Exact Diagnostics announced it has been acquired by Bio-Rad Laboratories, a California-headquartered molecular diagnostic quality control manufacturer. While no financial terms of the acquisition-which occurred in August-were released, the Fort Worth Star-Telegram reports that the sales…
Rosy Wellness Raises $1M In Seed Funding
Rosy Wellness, an evidence-based tech platform providing education and resources for women with low sexual desire, has announced a $1 million seed funding round. The Dallas-based startup has an app designed by MDs that provides users with a sexual wellness…
CareView Communications Raises $100K
Lewisville-based technology company CareView Communications Inc. reported in a new filing with the U.S. Securities and Exchange Commission that it raised $100,000 in debt funding. According to Crunchbase, CareView Communications has raised $47.6 million in funding rounds since 2008. In…
DocSynk Gets Bridge Funding As It Works Towards Series A Round
DocSynk, an Irving-headquartered healthcare AI startup announced it has received bridge funding from Colosseum Group, a Chicago-based private equity firm. The funding will help the startup move toward a Series A round later this year. Previously, DocSynk raised $1 million…
Colorado Company Acquires Dallas-Based Serendebyte
Colorado-based TTEC Holdings Inc. has acquired a majority interest in Dallas-based intelligent automation CX solutions provider Serendebyte. TTEC is a digital global customer experience tech and services business focused on the design, implementation, and delivery of solutions for many worldwide…
Dairy Farmers Of America To Acquire Dean Foods’ Assets
Dallas-based milk producer Dean Foods has agreed to sell most of its business to Kansas City-headquartered Dairy Farmers of America, which is said to be the nation's largest farmer-owned dairy cooperative, for $425 million. Dairy Farmers of America said the…
iDonate Nets $8.7M In Funding For Digital Giving Platform
iDonate, the Plano-based provider of digital giving systems, has completed an $8.7 million funding round. According to a statement, the funding will allow the company to fully integrate iDonate Payments into its core platform to create an SaaS/payments solution supporting…
Trend Micro Spin-Out Cysiv Raises $26M In Series A Round
Cysiv, an Irving-based enterprise Security Operations Center-as-a-Service company originally incubated within Trend Micro, announced it has closed a $26 million Series A funding round, which will be used to scale business operations and fuel further platform enhancements. The startup's service…
Greenway Technologies Reports $118K In Equity Funding
Arlington-based Greenway Technologies Inc. reported in a U.S. Securities and Exchange Commission filing that it raised $118,000 in equity funding. Greenway is researching and developing proprietary gas-to-liquids syngas conversion systems and micro-plants, which can be scaled to meet specific gas…
Flight Booking App FlyLine Reports $500K In Pre-Seed Funds
Dallas-based travel app FlyLine has raised $500,000 in pre-seed funding, the company reported earlier this year. Founded in January by CEO Adam Ward and CTO Zachary Burau, Flyline is a subscription flight booking engine that works to save members up…
Audax Private Equity Acquires Dallas-Based Kofile Inc.
Dallas-based Kofile Inc., the largest provider of information management and access systems solutions for U.S. government agencies, has been acquired by Audax Private Equity. Founded in 2009, Kofile provides restoration, preservation, and digitization services for critical government records, along with…
Tricolor Receives $10M In Preferred Equity Funding
Tricolor, a Dallas-based community development financial institution, announced that it has received $30 million in preferred equity funding from an unnamed global institutional investor. Along with its affiliate Ganas Auto Group, Tricolor said it has disbursed nearly $1 billion in…
Rideshare Startup Alto Raises $6M In Second Funding Round
Dallas-based rideshare Alto announced that it has raised a second funding round of $6 million, raising its funding so far to $20.5 million. The money will be used to expand in Dallas and enter two new markets, Alto said. Existing…
Worlds Raises $10M In Series A Funding For AI-Based Models
Out of stealth, Worlds announced that it has raised $10 million in series A funding that it will use to power a vision of building AI-models that gives businesses a new way to view their physical world. A spinout of…
Shiftsmart Raises $16.3M In Equity Funding
Shiftsmart Inc., a Dallas-based marketplace for part-time work, has reported in a filing with the U.S. Securities and Exchange Commission that it raised more than $16.3 million in equity funding of a $16.5 million offering. Founded in 2015, Shiftsmart connects…
Nepris Raises $5 Million Series A, Led by K12, Inc. to Expand Real-World Learning and Career Pathways for Students in K-12 and Higher Education
Nepris has closed a $5 million investment round led by K12, Inc., one of the nation's preeminent education technology companies and a premier provider of career readiness education services. Nepris is a school-to-industry platform that has connected over 70,000 educators…
AI-Powered Energy Broker EnergyBot Raises Series B
Dallas-based energy broker EnergyBot announced a new round of series B funding. The amount of the round was undisclosed, and the company reported it was led by a group of strategic investors in the energy industry. dallasinnovates.com/ai-powered-energy-broker-energybot-raises-series-b/
Nasdaq Acquires Irving-based Fintech Startup Solovis
Nasdaq has acquired a privately held, Irving-headquartered financial technology company, Solovis. The startup's platform includes multi-asset class portfolio management, reporting tools, and analytics across public and private markets. As part of the deal, all Solovis solutions will become part of…
Dallas’ Zabo Raises $2.5M to Bring Crypto into Mainstream Financial Services
Zabo, a Dallas-based cryptocurrency startup, has announced a $2.5 million funding round led by Moonshots Capital. The capital will be used to expand its engineering team and increase its customer base. dallasinnovates.com/dallas-zabo-raises-2-5m-to-bring-crypto-into-mainstream-financial-services/
Dallas HR Tech Firm Lands Majority Investment From Private Equity Firm
Rubicon Technology Partners, a Colorado-based private equity firm, has completed a strategic majority investment in Dallas-based talent intelligence platform OutMatch. The capital will allow OutMatch to grow its platform organically and through strategic acquisitions within the HR tech space. The…
HIG Holdings a Fort Worth financial services company raised $4.3m
HIG Holdings is a financial services company that focuses on the fields of the financial industry. It specializes in providing business insurance that helps businesses, companies, organizations to secure their capital and prepare for risk. HIG was incorporated in 2009…
Prosper based Doculife global is raises venture funding
Doculife has raised a total of $4.7M in funding over 4 rounds. Doculife provides encrypted document automation for important documents such as wills, deeds, investments, real estate holdings, personal identification, travel documents and more. www.crunchbase.com/organization/doculife-inc
Dialectic Therapeutics Plans to Further Cancer Drug Research Using $3M Seed Award
Dallas biotech startup Dialectic Therapeutics Inc. has announced plans to use a $3 million Seed Award for Product Development Research from the Cancer Prevention & Research Institute of Texas (CPRIT) to further develop its lead product candidate, an anti-cancer drug.…
iDonate Receives New Funding to Grow its Digital Giving Platform for Nonprofits
The $8.7 million will allow iDonate to create an SaaS/payments solution that supports new tender types like Apple Pay and Google Wallet as well as international payments. dallasinnovates.com/idonate-receives-new-funding-to-grow-its-digital-giving-platform-for-nonprofits/
Addison Tech Firm Securonix Raises Nearly $12M in New Funding
Securonix, an Addison-based technology provider of cybersecurity and threat detection tools, has raised $11.9 million, according to a new filing with the Security and Exchange Commission. The company's "next-gen" security analytics platform is designed to predict, detect, and respond to…
Spark Connected raises $3.2m Corporate round
Spark Connected was founded in 2017 with a vision to transform wireless power delivery and intelligent battery charging with innovative platforms, disruptive technology and breakthrough products enabling an enhanced user experience for all. www.crunchbase.com/organization/spark-connected
Mercado Labs Raises $3.2M In Seed Funding
Dallas-based Mercado Labs, a startup working to transform the global supply chain by digitizing the first mile, has closed a $3.2 million seed funding round led by Austin-based LiveOak Venture Partners. Mercado, which was founded in 2018, connects buyers and…
Lydia Partners has raised more than $15 million in a series A round for OxeFit, a robotics tech startup
Lydia Partners, a newly created venture capital firm, has raised more than $15 million in a series A round for OxeFit, a robotics tech startup, in addition to other technology prospects. www.bizjournals.com/dallas/news/2020/01/30/lydia-partners.html
Plano Restaurant Tech Startup OneDine Raises $5M to Broaden App’s Reach
The funding, which puts OneDine's pre-money valuation at $90 million, is expected to bring the company's table-side ordering and payment solution to restaurants across the U.S. dallasinnovates.com/plano-restaurant-tech-startup-onedine-raises-5m-series-a-round-to-broaden-apps-reach/
RealPage Acquires Resident Engagement Solution Modern Message
RealPage, the Richardson-headquartered global provider of software and data analytics to the real estate industry, is going to acquire Modern Message, Inc. No terms of the deal were released. Modern Message is a resident engagement solution used in the multifamily…
California Company Buys Dallas-based Cloudvisory
Cloudvisory, a provider of continuous visibility, compliance, and security policy governance solutions for multi-cloud and data center assets, has been acquired by California-based FireEye Inc. No financial details of the acquisition were released. dallasinnovates.com/follow-the-money-doctorlogic-raises-7m-geoforce-tpg-growth-make-acquisitions/
DoctorLogic Raises $7M Series A Funding Round
DoctorLogic, a Plano-based healthcare website marketing platform, announced a $7 million series A funding round led by Unbundled Capital, an Austin-based private equity firm. Kip Young, president of DoctorLogic, said in a statement that the series A investment will be…
On The Road Lending Gets $10M Through Goldman Sachs
On The Road Lending, a Dallas-based financial nonprofit, announced this week that it's receiving a loan of up to $10 million from the Goldman Sachs Urban Investment Group. The funds are expected to be used to expand an initiative geared…
Sales Benchmark Index Gets Strategic Investment
Dallas-based management consulting firm Sales Benchmark Index has received a strategic investment from CIP Capital, which will be used to accelerate growth and to invest in its people, specialty practice areas, client service capabilities, and benchmarking solutions, according to FinSMEs.…
Addison based Intellective AI received $3m in Series A funding
Intellective AI is the industry leader in Patented Machine-Learning, Artificial Intelligence technologies and creator of the "Intellective Foundation Platform. They received $3m in Series A funding. www.crunchbase.com/organization/intellective-ai
SmartKarrot Announces That Their Customer & Product Success Platform Has Completed $1 Million Angel Round
SmartKarrot announces the successful completion of $1 million angel round funding. Completed with the participation of several high net worth investors and promoters, the funding is first tasked with enhancing SmartKarrot's online platform. www.prnewswire.com/in/news-releases/smartkarrot-announces-that-their-customer-amp-product-success-platform-has-completed-1-million-angel-round-833454670.html
Frisco-Based Valify Acquired By HCA Healthcare
Frisco-based Valify, a medtech company focusing on helping clients reduce the overall cost of healthcare services, has been bought by HCA Healthcare. Terms of the deal were not disclosed. Valify's web-based tech platform provides healthcare systems with in-depth analysis and…
Spotio Raises $4.5M In Series A Funding
Dallas-based software provider Spotio has received a $4.5 million Series A investment from Florida venture capital firm Ballast Point Ventures. The new funding brings the company's total to $5.1 million, according to Crunchbase. dallasinnovates.com/follow-the-money-toyota-invests-394m-in-air-taxi-maker-spotio-gets-4-5m-transplace-makes-acquisition/
TestFit Gets $2M Seed Funding For AI-Driven Software
TestFit Inc., the Dallas-based AI-powered building configuration software provider, has raised $2 million seed funding from Parkway Venture Capital. The startup has expertise in rapid real estate prototyping, architectural site analysis, and feasibility studies simulation and automation. dallasinnovates.com/follow-the-money-toyota-invests-394m-in-air-taxi-maker-spotio-gets-4-5m-transplace-makes-acquisition/
Proptech Startup Dottid Announces $3.85M Seed Funding
Dottid, a Dallas-based commercial real estate software-as-a-service technology platform, announced it has raised $3.85 million in seed funding. The startup says it's the first-of-its-kind to provide a singular location for owners, brokers, and tenants to seamlessly transact throughout the leasing…
TestFit Announces $2 Million Funding Boost
Dallas-based TestFit Inc., the world's first powerful building configuration software leveraging practical generative design, announced today it has secured $2 million in seed funding from Parkway Venture Capital LLC. www.architectmagazine.com/technology/testfit-announces-2-million-funding-boost_o
ORIX Corporation USA Acquires Hunt Real Estate Capital
Dallas-based ORIX Corp. USA has completed its acquisition of Hunt Real Estate Capital, creating one full-service, national commercial real estate lender. ORIX USA is the U.S. and Latin America business unit for Tokyo-based ORIX Corp. Hunt Real Estate Capital is…
Pieces Technologies Closes $25.7M Series B Funding Round
Dallas healthcare artificial intelligence and technology company Pieces Technologies has closed a $25.7 million Series B funding round led by healthcare investment firm Concord Health Partners. Pieces Technologies connects health systems and the community to address clinical and social determinants…
Tech Startup BoodsKapper Gets Seed Funding
Coppell-based tech company BoodsKapper has raised an undisclosed amount in a seed funding round, according to Crunchbase. BoodsKapper, which recently collaborated with the DHA, Housing Solutions for North Texas, makes AI-based software streamlining the relationship between public housing authorities, landlords,…
Dragon City Farms Completes Funding Round
Dallas hydroponic produce operation Dragon City Farms Inc. has completed a capital raise on Fort Worth-based Harvest Returns' crowdfunding platform. Dragon City Farms will use the funding to grow safe, superior quality, fresh produce to consumers across the Dallas-Fort Worth…
Eyevensys Nets $30M In Series B Funding
Biotech startup Eyevensys, whose U.S. operations are based in Fort Worth with headquarters in Paris, France, has raised $30 million in series B funding. Eyevensys is a privately-held clinical-stage company developing non-viral gene therapies for retinal and other ophthalmic diseases.…
Vertical Communications Acquired By NTI Connect
Chicago-headquartered NTI Connect has acquired Vertical Communications Inc., a Dallas-based provider of specialized in-house solutions to wireless, small cell, and fiber providers. NTI is a broadband network engineering and deployment company. Terms of the deal were not disclosed. dallasinnovates.com/follow-the-money-crescent-raises-24-6m-for-fund-geoforce-sells-majority-stake-linux-academy-bought/
Medical Device Company HeartSciences Raises Another $138K
The Southlake-based medical device startup has raised about $45 million so far, and is starting up another $4.5 million round to further fund the company. HeartSciences is advancing the field of electrocardiography through its wavelet signal processing and application of…
Strategic Solar Raises $500K In Funding
The newly-formed company has raised about $500,000 in a $15 million fund, a filing shows. The Dallas-based company offers small and medium-sized solar businesses supply chain management outsourcing services and products that were previously only available to large companies. www.bizjournals.com/dallas/news/2019/12/20/form-d-friday-tpg-raises-multiple-funds-totaling.html
Theatro Raises $20M From Sageview Capital
The Richardson-based startup has raised $20 million in a "Series C" round, the company confirmed to the Dallas Business Journal. The investment comes from Sageview Capital, a firm that has backed companies such as ComScore, GoPro and Boingo. The funding…
Q Clothier Raises $3M
The luxury men's clothing store has raised about $3 million in a $5 million fund, according to a filing. The brand was founded in 2003 by Raja Ratan, and started with a single 1,000-square foot shop. Since then, the company…
LRR Partners Takes A Majority Stake In Geoforce
Geoforce, the Dallas-headquartered provider of global traceability and Track and Trace solutions for field equipment and vehicles, has received a majority investment from LLR Partners, FinSMEs reports. While no financial information on the deal was released, Geoforce plans to use…
Linux Academy Acquired By A Cloud Guru
Fort Worth IT training platform Linux Academy has been acquired by Austin tech firm A Cloud Guru. The move will create one of the largest cloud-computing training programs spanning major cloud platforms, per the Austin American-Statesman. dallasinnovates.com/follow-the-money-crescent-raises-24-6m-for-fund-geoforce-sells-majority-stake-linux-academy-bought/
Oyster closes on $203 Pre-Seed round
Oyster helps brands reach audiences on-the-go with its street-level media network within rideshare. www.crunchbase.com/funding_round/oyster-technology-group-pre-seed--c879c931
Emergent Cold Acquired By Lineage Logistics For $900M
Michigan-based Lineage Logistics has agreed to buy Emergent Cold, a Dallas-headquartered refrigerated logistics company, for $900 million, according to the Wall Street Journal. Freightwaves reported that the acquisition is expected to close in 2020. dallasinnovates.com/follow-the-money-macfarlan-raises-8-65m-moneygram-gets-20m-ntt-data-buys-austin-it-firm/
MoneyGram Receives $50M Equity Investment From Ripple
MoneyGram, a global provider of money transfer services that's headquartered in Dallas, announced Ripple has made the final $20 million investment in MoneyGram, completing a previous $50 million equity funding commitment made earlier this year. dallasinnovates.com/follow-the-money-macfarlan-raises-8-65m-moneygram-gets-20m-ntt-data-buys-austin-it-firm/
NTT Data Services Acquires Fast-Growing Austin IT Services Firm
Plano-based global technology services leader NTT Data Services has agreed to buy Flux7, a fast-growing IT services firm that has been on the Inc. 5000 list for three consecutive years. dallasinnovates.com/follow-the-money-macfarlan-raises-8-65m-moneygram-gets-20m-ntt-data-buys-austin-it-firm/
BaiCells Technologies Reaps $85M In Series C Funding
Plano-based small cell tech company BaiCells Technologies has received $85 million in Series C funding from two Chinese investors, bringing the startup's total funding to $99.6 million, Crunchbase reports. Earlier this year, a reported $14.6 million investment from Qualcomm Ventures…
Oregon Firm Acquires Dallas’ Artifex Partners
Dallas-based Artifex Partners has been acquired by Eastbank Solutions, an Oregon managed service provider. No terms of the deal were released. Founded in 2000, Artifex is a Microsoft Dynamics 365 Business Central reseller. dallasinnovates.com/follow-the-money-renibus-therapeutics-nets-16-3m-shiftsmart-raises-12-75m-traxo-gets-equity-funding/
Traxo Gets Equity Investment From Airlines Reporting Corp.
Dallas travel tech startup Traxo has received an equity investment from Virginia-based Airlines Reporting Corp. in a deal that comes about a month following their partnership to enable direct booking data from ARC member airlines to go to providers through…
Shiftsmart Raises $12.75M In Equity Funding
Dallas-based tech startup Shiftsmart Inc. reported in an SEC filing that it raised $12.75 million of a $14 million equity offering. Founded in 2015 as a marketplace to connect part-time workers with open shifts across multiple platforms, Shiftsmart focuses across…
EX-IQ Raises $945K In Debt Equity Funding Round
Dallas-based EX-IQ has raised $945,000 of a $1.12 million equity and debt offering, according to an SEC filing. EX-IQ is a mobile and desktop application that uses artificial intelligence technology to transform any environment into a personalized, high-speed learning laboratory.…
Renibus Therapeutics Reports Raising $16.3M
Southlake-based biotech company Renibus Therapeutics Inc. has raised $16.3 million of a $35 million equity offering, according to a filing with the U.S. Securities and Exchange Commission. Founded in 2015, the privately-held Renibus, which is currently operating in stealth mode,…
Addison-Based GoPlant Acquired By SKF Group
GoPlant, an Addison-based provider of an industrial mobile-worker task management, data collection, and decision support application, has been acquired by SKF Group. A brand of Form Automation Solutions, GoPlant was released in 2015 and is designed for use by operators…
Kanarys Raises $1.5M In Pre-Seed Funding Round
Dallas-based startup Kanarys-a tech platform seeking to foster collaboration between companies and employees on diversity, equity, and inclusion (DEI) in the workplace-has closed a pre-seed funding round at $1.5 million. dallasinnovates.com/follow-the-money-actuate-raises-6-5m-in-series-b-funds-nuzee-files-for-12m-ipo-topgolf-inks-franchise-deal/
Actuate Therapeutics Raises $6.5M In Series B-3 Funding
Actuate Therapeutics Inc., a Fort Worth clinical stage biopharmaceutical company, has raised an additional $6.5 million in a Series B-3 funding round. The round was led by Fort Worth-based Bios Partners with Kairos Ventures, DEFTA Partners, and other existing investors…
NuZee Files For $12M IPO And Raises $2M In Private Equity
NuZee Inc., a specialty coffee company that moved its corporate headquarters to Plano from California, has filed with the U.S. Securities and Exchange Commission for a proposed $12 million initial public offering, as well as announcing it had raised $2…
Optum Acquires Plano Health Tech Firm Vivify
The Optum division of UnitedHealth Group has acquired Vivify Health, the Plano-based remote patient monitoring startup, for an undisclosed amount. Vivify provides a comprehensive RPM platform, complete with a suite of connected medical devices and mobile health apps to track…
Mooala Raises $8.3M In Series A Equity Funding
Dallas-based Mooala, a maker of premium, organic, dairy-free beverages and creamers has completed an $8.3 million Series A equity funding round. The round was led by Sweat Equities, an investment firm specializing in the food, beverage, and consumer goods sector,…
Supply Gets $300K Investment During Shark Tank TV Appearance
Supply, the Fort Worth-based men's razor company Supply appeared on the Nov. 3 airing of ABC's "Shark Tank" and left with a $300,000 investment from Robert Herjavec for 15 percent of the startup. "It was a surreal experience for us…
Improving Acquires Code Authority
Improving, a Plano-based tech consulting and training firm, has acquired Code Authority, a custom software development and digital marketing firm based in Frisco. The move is part of Improving's ongoing "Enterprise Model"-a strategy of merging similar service companies that share…
Landry’s Completes Acquisition Of Del Frisco’s
Houston-based restaurant, hospitality, and gaming company Landry's has completed its purchase of Irving-based Del Frisco's Double Eagle Steakhouse and Del Frisco's Grille. Landry's is owned by Houston billionaire Tilman Fertitta. The steakhouse brand was bought from private equity firm L…
Safe Harbor Marinas Receives $41M Investment For Growth
Dallas-based Safe Harbor Marinas has been given a $41 million investment from Weatherford Capital, reports the Tampa Bay Business Journal. Safe Harbor Marinas says that it is the largest owner of marinas in the nation, and that the investment will…
Access Physicians Gets $9.3M Series A Funding
Access Physicians, a Dallas-based national leader in acute subspecialty telemedicine, has secured $9.3 million in a Series A round from Health Enterprise Partners, a New York City-based healthcare private equity firm. Health Enterprise Partners' investors include some of the largest…
Sanara MedTech Closes On $10M Equity Offering
Fort Worth-based Sanara MedTech has closed a private equity offering worth $10 million in common stock that it plans to use to fund milestones payments under current and future product license agreement, Mass Device reported. Mass Device said that the…
Plano’s teleCalm Reaps $100K Award From MassChallenge Texas
Plano-based teleCalm, a provider of phone service for seniors and caregiver living with dementia, won a $100,000 Diamond Award from MassChallenge Texas as part of the 2019 accelerator program in Austin. "teleCalm's phone service solves telephone problems increasingly faced by…
Powerhouse Receives Private Equity Investment
Powerhouse, a Crowley-based provider of national construction services, facility maintenance, and rollouts, has raised an undisclosed amount in a private equity investing round, according to Crunchbase. The funding came from New York City-based Veronis Suhler Stevenson, Crunchbase said. dallasinnovates.com/follow-the-money-eyevance-raises-30m-sanara-medtech-gets-10m-tyler-technologies-makes-acquisition/
Lone Star Aerospace Receives Investment
Lone Star Aerospace, an Addison-based provider of business analysis and advice for aerospace and defense contractors, has received an investment from San Diego, California-based HCAP Partners. The amount of the investment was not disclosed. dallasinnovates.com/follow-the-money-eyevance-raises-30m-sanara-medtech-gets-10m-tyler-technologies-makes-acquisition/
Etevance Pharmaceuticals Raises $30M In Equity Funding
Fort Worth-based Eyevance Pharmaceuticals has raised $30 million in an equity funding round, according to a filing with the U.S. Securities and Exchange Commission. The funding announcement comes after Eyevance said it had acquired TOBRADEX ST and NATACYN from the…
Aligned Energy Backed By $495M Credit Facility
Aligned Energy, a Plano-based data center provider of colocation and build-to-scale solutions for cloud, enterprise, and managed services companies, has received a $495 million credit facility. The company will use the funding for growth and expansion, according to a statement.…
Lone Star Analysis Receives Investment From HCAP
Lone Star Analysis, an Addison-based provider of predictive and prescriptive data analytics and analysis has received an investment from HCAP Partners, a San Diego-based mezzanine debt and private equity firm. The amount of the investment was not disclosed. dallasinnovates.com/follow-the-money-aligned-energy-gets-495m-tpg-fund-nets-1-7m-att-buys-ad-platform/
Actuate Therapeutics Raises $3.9M Equity Round
Fort Worth-based biopharma Actuate Therapeutics, Inc. has announced it has raised $3.9 million of a $6.5 million equity and option funding round, according to a filing with the U.S. Securities and Exchange Commission. In May, Actuate said it had raised…
Nebula Healthcare Raises $200K In Pre-Seed Funding
Plano-based Nebula Healthcare announced it raised $200,000 pre-seed funding in May. Founded this year, Nebula Healthcare is a telehealth platform founded by Rayaan Akbar and Dr. Ali Pitafi, M.D. It provides access to U.S. board certified physicians and mental health…
Solovis Raises $4.5M Equity Offering
Solovis, an Irving-based portfolio management, analytics, and reporting platform has raised $4.54 million of an $8.92 million equity offering, according to a government filing. dallasinnovates.com/follow-the-money-actuate-raises-3-9m-tpg-closes-14b-in-funds-sabre-acquires-radixx/
CerSci Therapeutics Raises $8M For Clinical Trials
The Dallas-based biotechnology company raised $8 million for its clinical trial that it started on human subjects in June, the company's Chief Executive Officer Lucas Rodriguez said in an interview with the Dallas Business Journal. The company is currently working…
Razberi Raises $5.8M Series B To Fuel Growth
Razberi Technologies, a Dallas-based provider of simple, secure video surveillance and IoT solutions, has received $5.8 million in a Series B investment round led by LiveOak Venture Partners. "This financing will give us the opportunity to continue to grow the…
Polte Raises $12.5M Series A-2 Funding
Polte, a LaaS provider (Location as a Service) raised $12.5 million in strategic funding from private investors. With the Series A-2 funding, Polte plans to focus on boosting the commercial and industrial applications of its platform. dallasinnovates.com/private-investors-find-poltes-location-platform-for-12-5m-investment/
Boxcart Raises $245K In Pre-Seed Funding Round
Boxcart, a Dallas-based e-commerce and delivery startup that is operating in stealth, has raised $245,000 in pre-seed funding, according to Crunchbase. The startup is developing competitive retail technologies that focus on fast and convenient delivery of products to consumers. dallasinnovates.com/follow-the-money-energy-spectrum-seeks-1-3b-boxcart-raises-245k-databank-makes-acquisition/
Formula Inc. Raises $103K Of A $5M Equity Offering
Dallas-based Formula Inc. has raised $103,500 of a $5 million equity offering, according to a filing with the U.S. Securities and Exchange Commission. Formula provides modern tools for commerce, with platforms and services designed for companies to solve any productivity,…
PumpJack Dataworks Raises $300K In Equity And Debt Funding
Fort Worth-based PumpJack Dataworks inc. has raised $300,000 of a $1.2 million equity and debt funding round, according to an SEC filing. PumpJack is a sports technology company that provides apps allowing teams to better connect with fans. dallasinnovates.com/follow-the-money-energy-spectrum-seeks-1-3b-boxcart-raises-245k-databank-makes-acquisition/
Body Machine Fitness Raises $100K
Plano-based fitness company Body Machine Fitness has raised $100,000 of a $12.5 million equity offering, according to a filing with the U.S. Securities and Exchange Commission. The company was founded in 2015 by CEO Jeremy Soder. dallasinnovates.com/follow-the-money-tailwater-capital-commits-150m-morningstar-raises-16m-elbit-makes-acquisition/
Elite FPS Acquired By Denver Company
Elite FPS LLC, a full-service fire sprinkler contractor based in Dallas, has been acquired by National Fire & Safety, a Denver-based end-to-end fire protection and life safety solutions platform. No financial information of the deal were released. National Fire &…
pawTree Raises $350K Of $3M Equity Offering
Southlake-based pawTree, LLC reported raising $350,000 of a $3 million equity offering, according to a filing with the U.S. Securities and Exchange Commission. Founded in 2012, pawTree is a retail and social platform focusing on all things pets. CEO Roger…
VitalTech Gets Series A Funding From Concord Health And Stanley Ventures
VitalTech, a Plano-based provider of cloud-based health and remote patient monitoring technology, announced the closing of its Series A financing round from two strategic investors-New Jersey-based Concord Health Partners, a healthcare-focused investment firm; and Atlanta-based Stanley Ventures, the investment arm…
Neighborhood Goods Bring In $11M Series A Funding
Neighborhood Goods, the Dallas-based next-gen retailer, announced it raised $11 million in Series A funding, led by Global Founders Capital. Other long-term investors include Forerunner Ventures, tennis star Serena Williams' Serena Ventures, NextGen Venture Partners, Allen Exploration, Capital Factory, and…
Stack Sports Acquires Affinity
Plano-based Stack Sports has acquired Southlake's Affinity Sports and Atlanta-based Blue Sombrero from Dick's Sporting Goods in a deal totaling $45 million. Stack Sports is the largest and fastest-growing global provider of sports technology, according to a statement. dallasinnovates.com/follow-the-money-honeywell-cisco-invest-in-theatro-satori-makes-30m-investment-swk-buys-enteris-biopharma/
Theatro Gets Investment From Honeywell Ventures And Cisco
Richardson-based Theatro has secured investments from Honeywell Ventures and Cisco Investments. The amounts of the investments have not been disclosed. Theatro is the developer of the "world's first" voice-controlled mobile platform that connects hourly workers to enterprise resources, according to…
Systum Raises $10.7M To Enhance Cloud Platform
Plano-based Systum, a provider of digital operating software for small- to medium-sized businesses, has raised $10.7 million in its latest round of funding. The round was led by Octopus Ventures, a venture capital firm based in London. In 2018, Systum…
Medtech Firm Belluscura Raises $2.7M
Belluscura PLC announced it has raised $2.7 million in its latest fundraising round, giving the London-based company a post-money value of roughly $9 million. Belluscura, whose U.S. operations are headquartered in Plano, focuses on improving healthcare by developing new enriched…
Texas Energy Control Products Is Acquired
Fort Worth-based Texas Energy Control Products Inc. has been acquired by Eagle Automation, a specialty distributor of automation and measurement solutions, products, and services. Texas Energy Control Products is a control panel maker and distributor of automation and measurement products.…
Auto Lending Tech Firm defi Solutions Merges With Pennsylvania Company
Westlake-based auto lending technology and services provider defi Solutions-DE LLC is merging with Sagent Auto LLC, an auto finance company headquartered in Pennsylvania. No financial terms of the deal were disclosed. dallasinnovates.com/follow-the-money-varidesk-backs-common-desk-crossplane-capital-raises-94m-defi-solutions-merges/
French Firm Acquires Fort Worth Distilling Company
Firestone & Robertson Distilling Co., the Fort Worth maker of the TX whiskey and bourbon brand since 2012, has been acquired by Pernod Ricard, the owner of Absolut Vodka and Jameson Irish Whiskey. Financial terms weren't released on the deal,…
DFW Bitcoin Acquired By Atlanta Competitor
Dallas-based DFW Bitcoin has been acquired by its Atlanta competitor, Bitcoin Depot. No financial information on the deal was released. Bitcoin Depot is expected to have a stronger leadership position in the market by acquiring DFW Bitcoin, according to FinSMEs.…
Varidesk Leads Corporate Funding Round For Common Desk
Coppell-based Varidesk is the lead investor in a new corporate funding round for Common Desk, the 7-year-old Dallas-based coworking company with multiple locations in Dallas-Fort Worth and Austin. The amount of the investment was not disclosed. The two companies have…
Aspire Marketing Services Gets Funding From Staley Capital
Irving-based Aspire Marketing Services, a provider of lease retention and customer communications solutions for the automotive industry, has received an investment from Staley Capital. The amount of the investment was not released, according to FinSMEs. dallasinnovates.com/follow-the-money-varidesk-backs-common-desk-crossplane-capital-raises-94m-defi-solutions-merges/
Dallas-Based NuWash Acquired By Competitor
North Carolina on-demand car maintenance startup Get Spiffy has bought out NuWash, one of its competitors in Dallas. WRAL TechWire reported that the acquisition adds more than 200 office park and multifamily residences that were served by NuWash to Get…
North Texas Software Firm OpenConnect Acquired By ActiveOps
Farmers Branch-based software provider OpenConnect has been acquired by the UK-based ActiveOps Ltd. ActiveOps provides digital operations management solutions to financial services, shared services, business process outsourcing firms, government, healthcare, and other service industries. dallasinnovates.com/follow-the-money-gridliance-gets-185m-credit-facility-avondale-nets-13-23m-realpage-makes-acquisition/
Cinepolis Buys Moviehouse & Eatery
Mexico-based movie theater company Cinépolis has acquired Texas-based dine-in movie theater Moviehouse & Eatery for an undisclosed amount. Moviehouse & Eatery currently has five locations, with most of them in Dallas and Austin. A suburban Houston location is expected to…
GridLiance Subsidiary Closes on $181M Credit Facility
A subsidiary of Dallas-based GridLiance, an independent electric transmission company, has closed on two revolving credit facilities with commitments adding up to $185 million. The subsidiary, GridLiance Western Holdings, and transmission company, GridLiance West, closed on a new five-year $80…
Biotech Startup Spectral MD Gets $27M
Dallas-based biotech startup Spectral MD has secured $27 million from the Biomedical Advanced Research and Development Authority for an expanded proof-of-concept clinical trial of its AI-powered system targeting burn care assessment in pediatric populations. The system could benefit in the…
OncoNano’s Series A Funding Reaches $35.4M
Southlake-based biotech startup OncoNano Medicine announced that it has raised $23.7 million in the second portion of Series A funding, bringing its total Series A round to $35.4 million. The funding round was arranged by Salem Partners, which also participated…
WatchGuard Acquired By Motorola
Allen-based WatchGuard Inc., a mobile video solutions provider, has been bought by Illinois-based Motorola Solutions Inc. for an undisclosed amount. WatchGuard's products-in-car video systems, body cams, evidence management systems, and software-are designed for law enforcement. dallasinnovates.com/follow-the-money-onconano-series-a-funding-reaches-35-4m-eci-acquires-uk-software-reseller/
Travel Data Startup Traxo Raises $1.85M Series B Round
Dallas travel tech startup Traxo said in a filing with the U.S. Securities and Exchange Commission that it has raised the final $1.85 million of a $5.2 million Series B offering. Traxo specializes in aggregating data and tracking passenger loyalty…
Robot Lawnmower Startup Robin Exits To Ohio Company
Robin Autopilot, the Dallas-based robotic lawn mower startup has been bought by Ohio-based Fahey Group, which will move the company's headquarters to Strongsville, near Cleveland. No terms of the deal were released. Robin, which was founded in 2015, has over…
Archeio Technologies Acquired By Quorum Software
Irving-based Archeio Technologies, a provider of oil and gas document classification and smart search technology, has been acquired by Quorum Software, a Houston-based firm. No financial details of the deal were released. dallasinnovates.com/follow-the-money-moneygram-gets-50m-investment-legacytexas-makes-2-1b-bank-merger/
MoneyGram Receives $50M Investment From Ripple
Dallas-based MoneyGram International Inc. has received a $50 million investment commitment as part of a strategic agreement with Ripple, a provider of enterprise blockchain solutions for global payments. MoneyGram is one of the world's largest money transfer companies, with more…
Medical Device Company 4WEB Medical Raises Funding Round
4WEB Medical, a Dallas, TX-based orthopedic device company, closed a round of financing of undisclosed amount. SWK Holdings Corporation provided the financial resources. Founded in 2008 by Jessee Hunt, CEO, 4WEB Medical focuses on developing innovative implants utilizing its proprietary…
Sports & Entertainment Marketing Company 4FRONT Gets Big Investment
4FRONT, a Dallas-based sports and entertainment marketing company, has received a high-seven figure minority investment from Global Sports Commerce, according to a report by FinSMEs. The exact amount of the investment was not released. Global Sports is a Singapore-based sports…
Cybersecurity Firm Critical Start Gets $40M Minority Investment
Plano-based cybersecurity company Critical Start announced that it has received a $40 million minority investment from the private equity firm Bregal Sagemount that will hasten its expansion and help build its team. Founded in 2012 by CEO Rob Davis, a…
Metropolis Truck Yard Partners Gets $1.4M In Equity Offering
Dallas-based Metropolis Truck Yard Partners LP said in a filing with the U.S. Securities and Exchange Commission that it has raised $1.4 million of a $2.4 million equity offering. The form D was submitted by Benjamin Muchoki, managing partner at…
Alkami Technology Closes $55M Series E Funding
Alkami Technology, a fast-growing Plano-based provider of cloud-based digital banking solutions to U.S. credit unions and banks, announced it closed on a $55 million Series E round. Led by General Atlantic and MissionOG, other existing investors-S3 Ventures and Argonaut Private…
KoiReader Technologies Raises $60K Seed Round
Dallas-based KoiReader Technologies raised $60,000 in seed funding, bringing its total funding to $510,000 over three rounds, according to a report in Crunchbase. The total includes another seed round this year and a pre-seed round in 2015. KoiReader's technology provides…
Hypergiant Industries Gets Funding From Sumitomo and Perot Jain
Hypergiant Industries, a Texas-based industrial artificial intelligence company, announced Wednesday that it secured funding from Sumitomo Corp. of Americas and Dallas-based Perot Jain. dallasinnovates.com/follow-the-money-cien-inc-raises-3-5m-theatro-gets-12m-pioneer-health-nets-45m/
Pei Wei Gets Bought By California Company
Irving-based Pei Wei Asian Diner has been bought by California-based PWD Acquisitions from Centerbridge Partners LP. No terms of the deal were released. A fast-casual dining chain, Pei Wei moved its headquarters from Arizona to Irving in 2017. The move…
Theatro Raises $12M Of $15M Equity Offering
Richardson-based startup Theatro has raised $12.1 million in equity funding, according to a filing with the U.S. Securities and Exchange Commission. It's part of a total offering $15.1 million. dallasinnovates.com/follow-the-money-cien-inc-raises-3-5m-theatro-gets-12m-pioneer-health-nets-45m/
Pioneer Health Systems Raises $45M Of $60M Equity Offering
Addison-based Pioneer Health Systems LLC, the holding company for all Direct Orthopedic Care (DOC) services, announced in a filing with the U.S. Securities and Exchange Commission that it's raised $45 million of a $60 million equity round. dallasinnovates.com/follow-the-money-cien-inc-raises-3-5m-theatro-gets-12m-pioneer-health-nets-45m/
Cien Inc. Gets $3.5M In Seed Funding
Plano-based Cien Inc., a provider of AI-powered sales productivity solutions, announced that it completed a $3.5 million seed funding round that it will use to accelerate it's market presence in North America. The seed round was led by Elaia, a…
CareView Communications Raises $50K In Debt Funding
Lewisville-based healthcare technology company CareView Communications Inc. said in a new filing with the U.S. Securities and Exchange Commission that it raised $50,000 in a debt-only funding round. In 2018, CareView raised more than $3 million. dallasinnovates.com/follow-the-money-women-in-their-prime-nets-1m-fintech-rs2-ventures-completes-11m-raise-att-seeds-in-1-8m-round/
CG Environmental Raises Equity Funding Round
Fort Worth-based CG Environmental raised an unreleased amount of funding in a private equity round, according to Crunchbase. Denver-based Silver Creek Partners led the round. dallasinnovates.com/follow-the-money-women-in-their-prime-nets-1m-fintech-rs2-ventures-completes-11m-raise-att-seeds-in-1-8m-round/
Group Island Spirit Raises $500K Equity Round
Group Island Spirit LLC, a Thailand-based maker of catamaran boats with a U.S. headquarters in Fort Worth, announced in a filing with the U.S. Securities and Exchange that it raised $500,000 in an equity funding round from 22 investors. dallasinnovates.com/follow-the-money-women-in-their-prime-nets-1m-fintech-rs2-ventures-completes-11m-raise-att-seeds-in-1-8m-round/
Women In Their Prime Raises $1M In Equity Funding
Women In Their Prime LLC of Dallas reported to the SEC that it raised $1 million of a $1.3 million equity-only funding round. PrimeWomen.com is an online publication for women over the age of 50. It describes itself as a…
RS2 Ventures Raises $11.02M In Funding
Dallas-based fintech RS2 Ventures, which specializes in card issuing and merchant acquiring solutions under the brand name BandWORKS, has raised all $11.02 million in a funding round. According to the filing, $47,225 of the funding will be used for payments…
Take Command Health Completes $1.5M In Bridge Funding
Dallas-based healthcare startup Take Command Health has completed a bridge funding round, reaching its goal of $1.5 million. No details of the new plans have been released. dallasinnovates.com/follow-the-money-women-in-their-prime-nets-1m-fintech-rs2-ventures-completes-11m-raise-att-seeds-in-1-8m-round/
Merck Acquires Dallas-Based Peloton Therapeutics For $2.2B
Just weeks after Dallas-based Peloton Therapeutics filed for initial public offering, pharmaceutical giant Merck & Co. announced it is buying the biotech company in a deal valued as much as $2.2 billion. The deal should close in the third quarter.…
AmeriTex Closes $12M In Notes, Plans Expansion Into Dallas
AmeriTex Holdings LLC has closed $25 million in subordinated notes with Prudential Capital Partners and a $105 million senior credit facility with MUFG Union Bank, US Bank, and Banc of California to refinance its $42 million from its existing lender…
InterGen Data Inc. Raises $800K In Seed Funding
InterGen Data Inc., a Plano-based AI-driven technology provider of proprietary AI software solutions and machine learning algorithms for banking, wealth management, insurance and fintech companies, has closed an $800,000 seed funding round. The round was led by Levittown, New York…
Actuate Therapeutics Raises $21.7M Series B Funding
Fort Worth-based Actuate Therapeutics Inc. has raised $21.7 million in a Series B financing round and plans to use the money to expand its ongoing Phase 1/2 trial. Actuate is a private biopharmaceutical company that focuses on developing compounds to…
Naturally Slim Gets Investment From The Riverside Co.
Dallas-based Naturally Slim has received an investment from The Riverside Co., a global private equity firm. Naturally Slim is a digital health platform that focuses on helping participants reduce Metabolic Syndrome, lose weight, and lead healthier lives. dallasinnovates.com/follow-money-intergen-data-raises-800k-seed-funding-nuvei-makes-889m-tech-acquisition/
Actuate Therapeutics Closes $21M Series B Financing
Actuate Therapeutics, Inc., a Fort Worth, TX-based clinical stage biopharmaceutical company, raised $21.7m in Series B financing. The round was led by Kairos Ventures, with participation from DEFTA Partners, Tech Coast Angels, and existing investors Bios Partners. www.finsmes.com/2019/05/actuate-therapeutics-closes-21-7m-series-b-financing.html
IntergGen Data Closes $800K Seed Funding Round
InterGen Data, Inc., a Dallas, TX-based AI-driven technology provider of proprietary AI software solutions and machine learning algorithms for banking, wealth management, insurance and fintech companies, closed an $800k seed funding round. Stan Thomas participated in the round. www.finsmes.com/2019/05/intergen-data-closes-800k-seed-funding-round.html
RumbleOn Closes $30M In Convertible Senior Notes
Dallas-based RumbleOn Inc. announced the closing of its previously announced offering of $30 million aggregate principal amount of 6.75 percent convertible senior notes due 2024. RumbleOn is an e-commerce company focused on how to simplify the way in which dealers…
Carrolton-Based Checkpoint ID Received $1.5M Series A
Earlier this year, Carrollton-based Checkpoint ID, a provider of ID verification and data collection SaaS for apartment managers, announced that it had received $1.5 million in Series A funding from RET Ventures, a Utah-based early-stage venture capital firm. dallasinnovates.com/follow-money-vanillasoft-nets-4m-riveron-gets-growth-funding-mass-lumosity-acquires-fort-worth-firm/
Signature Systems Raises Funding In Private Equity Round
Signature Systems Group, a Flower Mound-based events services company, announced it raised an unreleased amount in a private equity round led by Center Rock Capital Partners, an Illinois-based private equity firm. dallasinnovates.com/follow-money-vanillasoft-nets-4m-riveron-gets-growth-funding-mass-lumosity-acquires-fort-worth-firm/
Riveron Receives Growth Investment From H.I.G Affiliate
Riveron, a Dallas-headquartered national business advisory firm, announced that an affiliate of the global investment firm H.I.G. Capital has agreed to make a growth investment in Riveron. H.I.G. Capital is a global investment firm focused on partnering with middle market…
Fort Worth-Based TAS Environmental Services Acquired
Fort Worth-based TAS Environmental Services LP has been acquired by Cleveland-based Blue Point Capital Partners. TAS Environmental, a leading provider of environmental services, is a portolio company of Dallas-based private equity firm TEAM Partners LLC. No terms of the deal…
Dallas-Based Clothing Company Hagar Acquired
Dallas-based Haggar Clothing Co., an iconic name in the men's clothing industry, is being acquired by New York-based Randa Accessories, one of the world's top accessories companies. The acquisition, which would created a roughly $1 billion company, should close by…
eCore Software Acquired By ESO
Austin-based ESO has acquired Dallas-based eCore Software, a scheduling platform for emergency medical services agencies and fire departments. No financial terms of the acquisition were released. dallasinnovates.com/follow-the-money-peloton-therapeutics-files-for-150m-ipo-onconano-raises-22m/
Rosy Wellness Takes $14K Health Innovation Top Prize
Women's sexuality and health startup Rosy beat out nine competitors Wednesday to take the $14,000 top prize in the Health Innovation Pitch Competition 2019 at the Healthcare Dealmakers conference at the Ritz-Carlton in Dallas. dallasinnovates.com/rosy-wellness-takes-14k-top-prize-at-health-innovation-pitch-competition/
milk + honey Raises Undisclosed Funding Round
FinSMEs reported that the funding came from Connecticut-based Emil Capital Partners, Keller Capital of Austin, and Tim Ferriss, and entrepreneur, author, and podcaster. The company says it will use the funding to expand its spas into new areas like Los…
OncoNano Raises $22M For Cancer-Fighting Technology
Southlake-based OncoNano Medicine says it's raised $22 million to bolster its cancer-fight efforts. The venture funding round raises the company's total funding to more than $40 million. OncoNano Medicine Inc. President and CEO Ravi Srinivasan told the Dallas Business Journal…
Peloton Therapeutics Files $150M IPO
Dallas-based biotech Peloton Therapeutics has filed for an initial public offering and plans to raise up to $115 million to fund late-stage clinical trials, according to a filing with the U.S. Securities and Exchange Commission. Peloton is a developer of…
Novo Labs Receives $2M In Seed Funding Round
Novo Labs, the Dallas-based provider of conversational artificial intelligence services for large restaurant chains, said that it has received $2 million in seed funding, led by Austin-based Silverton Partners. Founded in 2017 by Clinton Coleman and Jeff Loukas, Novo Labs…
Calise Partners Acquires Dallas Digital Shop Imaginuity
Calise Partners, a Dallas-based integrated agency announced that it has acquired the Dallas digital shop Imaginuity. The deal will create one of the largest independent marketing services providers in the Southwest. The company will do business under the Imaginuity brand.…
Modern Systems Sells To Vista Equity Partners
A Dallas tech company is selling to a large U.K. firm with private equity backing. Modern Systems, which provides clients with application modernization, has entered into an agreement to be acquired by Advanced, according to a statement this week. Terms…
Stryve Biltong Closes $16.5M Series B Funding
Plano-based Stryve Biltong has received $16.5 million in a series B fund round that the company said will be used for education, awareness, trial among consumers, investment in talent, and operations. The round was led by Meaningful Partners, Pendyne Capital,…
Dallas AI Startup Edgetensor Technologies Gets VC Funding
Dallas-based artificial intelligence startup Edgetensor Technologies has received an undisclosed amount from early-stage venture capital firm SRI Capital. Edgetensor produces software development kits (Face SDK) for cameras, including ones in smartphones with facial-tracking capabilities. dallasinnovates.com/follow-money-vc-backs-edgetensor-stryve-biltong-gets-16-5m-neiman-marcus-invests-fashionpile/
Elite Electronics Acquired By Chicago Company
Richardson-based Elite Electronics, which specializes in automotive diagnostic and repair services, has been acquired by LKQ Corp. The acquisition puts Chicago-based LKQ into the vehicle services market by melding its parts and distribution business with Elite's services. dallasinnovates.com/follow-money-vc-backs-edgetensor-stryve-biltong-gets-16-5m-neiman-marcus-invests-fashionpile/
Securadyne Systems Bought By California Firm
California security firm Allied Universal is buying Dallas-based Securadyne Systems and will establish a security technology headquarters in North Texas, according to a report in The Dallas Morning News. The acquisition of Securadyne will create the nation's fourth-largest security services…
Qorvo Buys Richardson-Based Active-Semi International
Richardson-based Active-Semi International Inc. is being acquired by North Carolina-base Qorvo, a maker and supplier of semiconductors. No details of the deal were released. Active-Semi designs, develops, makes, and sells digital and programmable power management and digital motor drive integrated…
EdgeTensor Raises Seed Funding From Dallas Venture Firm
In the first quarter, Aristos Ventures invested in three companies. Two of those-Edgetensor and Meteora-are Dallas-based. Felipe Mendoza, managing director of Dallas-based Aristos Ventures, said overall the funding potential for companies raising venture capital in the Dallas area looked "good"…
Dallas-Based Meteora Raises Round From Aristos Ventures
In the first quarter, Aristos Ventures invested in three companies. Two of those-Edgetensor and Meteora-are Dallas-based. The other, Houston-based Nesh, is a "smart assistant" for oil and gas. Felipe Mendoza, managing director of Dallas-based Aristos Ventures, said overall the funding…
FieldPulse Raises $2.2M In Funding
Dallas-based tech firm FieldPulse has raised $2.2 million that will help the company build on its growth and continue driving disruption as legacy contractors go to digital platforms, Pulse 2.0 reported. With FieldPulse's cloud-based digital hub, contractors can manage their…
Nonprofit EMPOWER Series Gets $60K Grant From Comerica
The Comerica Charitable Foundation has given Dallas-based EMPOWER Series a $60,000 grant. EMPOWER Series, Inc. is a 501(c)3 nonprofit organization that said it envisions a world in which everyone is thriving. EMPOWER's s mission is to positively impact the world…
Computing Company Nimbix Gets $4M
Nimbix Inc., the Richardson-based high-performance computing and super-computing platform, raised $4 million in debt financing, according to a report in Crunchbase. The funding brings Nimbix's total to $19.5 million in five funding rounds since 2012, Crunchbase said. dallasinnovates.com/follow-money-nimbix-gets-4m-energy-spectrum-raises-867m-sentrics-makes-acquisition/
Rent My Wardrobe Closing $1M Seed Funding Round
Dallas-based and female-founded mobile app maker Rent My Wardrobe told Dallas Innovates that is working to close on $1 million of a seed round with a $4 million cap from a network of angel investors and family offices. dallasinnovates.com/follow-money-studio-movie-grill-reels-100m-rent-my-wardrobe-closing-1m-authentix-buys-uk-firm/
Geoforce Gets $5M In Funding To Boost Product Delivery
Geoforce, a Plano-based provider of field-asset tracking solutions, has received $5 million in working capital financing from Denver-based CIBC Innovaton Banking. According to PE Hub, Geoforce uses hardware and software solutions to aid companies in the transporation, energy, and services…
Linear Labs Closes $4.5M Seed Round For Revolutionary Electric Motor
Fort Worth-based Linear Labs has closed a $4.5 million seed round in support of its revolutionary next-gen electric motor created by father-and-son team Fred and Brad Hunstable. The funding will be used to market the motor called the Hunstable Electric…
Studio Movie Grill Gets $100M Investment For Growth
Studio Movie Grill, the Dallas-based movie theater-dining chain with 32 locations, said it has received a $100 million strategic from TowerBrook Capital Partners. The investment will help Studio Movie Grill accelerate its growth as it continues plans to open more…
AplifAI Solutions Announces $3.9M Series A Raise
Richardson-based AmplifAI Solutions Inc., which provides a performance acceleration platform for enterprise contact centers, announced it received $3.9 million in a Series A funding round from Naya Ventures, LiveOak Venture Partners, and Capital Factory. dallasinnovates.com/follow-the-money-amplifai-gets-3-9m-offerpad-closes-series-c-funding-round-jll-buys-hff/
CallBox Raises $3.5M New Funding
The Dallas-based on-demand storage services company CallBox Storage is raising up to $15 million in a funding round, according to a filing. So far, CallBox has raised $3.5 million of that goal. Callbox works like this: customers can schedule movers…
ThermiGen Bought By Celling Biosciences
For an undisclosed amount, Irving-based ThermiGen LLC is being bought by Celling Biosciences, an Austin biotechnology company. ThermiGen is a maker of temperature-controlled radio-frequency technology that heats targeted areas of your skin to naturally stimulate collagen. dallasinnovates.com/follow-the-money-pieces-technologies-gets-5m-callbox-seeks-15m-tpg-makes-acquisition/
Pieces Technologies Raises $5M Series B Round
Pieces Technologies, a Dallas-based AI and predictive analytics startup, has raised all $5 million in the initial part of a Series B capital raise. The company expects to be fully completed in the second half of the year. dallasinnovates.com/follow-the-money-pieces-technologies-gets-5m-callbox-seeks-15m-tpg-makes-acquisition/
BulBul Apps Rakes In $500K In New Funding
BulBul Apps, a Plano-based early childhood learning app developer, has raised $500,000 in a new round of funding. The financial backing came from Xseed Partners, OperatorVC, Dallas-based Anblicks, and Irving-based Infolob. dallasinnovates.com/follow-the-money-bulbul-gets-500k-realtime-laboratories-nets-140k-artisan-design-makes-acquisition/
RealTime Laboratories Rases $140K In Seed Funding
RealTime Laboratories, a Carrollton-based medical testing company, has raised $140,100 in a seed funding round, according to Crunchbase. The company said it is the only laboratory in the nation accredited by the College of American Pathologists and The Clinical Laboratory…
SanoTech 360 Acquiring Fort Worth-based EMist Innovations
Disinfection services provider SanoTech 360 announced that it will buy the assets of another Fort Worth company, EMist Innovations. No financial terms of the deal were released. EMist is a developer of electrostatic disinfectant application systems that it says deliver…
Worksoft Inc., Acquired By Marlin Equity Partners
Addison-based Worksoft Inc., a provider of continuous test automation software, is being acquired by Marlin Equity Partners, a global investment firm with more than $6.7 billion in capital under management. Worksoft is a provider of an end-to-end continuous test automation…
EnTouch Controls Raises $1M Funding Round
EnTouch Controls, a technology developed in Richardson that provides software to help its clients lower the energy consumption in their buildings, has raised $1 million as part of a new offering seeking a total of $3 million, according to a…
Zurich Insurance Group Buys Dallas’ Sea Pine Technologies
Dallas-based insuretech startup Sea Pine Technologies has been acquired by Zurich Insurance Group, an Illinois-based finance and insurance giant. No terms of the deal, which closed in January, were released. dallasinnovates.com/follow-money-door-gets-5-4m-ikonopedia-nets-2m-series-c-muzooka-notes-3-9m/
Music Technology Company Muzooka Raises $3.9M
Muzooka, a music technology company headquartered in Southlake, has raised more than $3.9 million of a $5 million offering, the company said in a filing. Muzooka describes itself as a platform on which artists and their teams manage their own…
Real Estate Startup Door Closes $5.4M Funding Round
Dallas-based Door Inc. said in a new filing with U.S. Securities and Exchange Commission that it has raised nearly $5.4 million of a $10 million funding round. It's an infusion of cash from existing investors, Door said. Door is a…
Ikonopedia Rasies $2M Series C Round
Ikonopedia, the Richardson medtech company that offers a next-generation breast radiology reporting and patient tracking, announced that Dallas-based Texas Women Ventures Capital has invested in the company as part of its $2 million Series C Preferred Stock funding. dallasinnovates.com/follow-money-door-gets-5-4m-ikonopedia-nets-2m-series-c-muzooka-notes-3-9m/
ParkHub Closes $13M Round, Acquires Competitor
ParkHub, the Dallas-based B2B parking technology provider, announced it has completed its $13 million Series B funding round and has acquired a competitor. ParkHub offers subscription-based solutions that help parking professionals improve customer experience and drive revenue with streamlined operations…
Peloton Therapeutics Nets $150M Series E
Dallas-based clinical-stage pharmaceutical company Peloton Therapeutics Inc. announced the closing of an oversubscribed $150 million Series E financing round. Peloton is a drug discovery and development company that is advancing first-in-class oral medicines for cancer and other serious conditions. dallasinnovates.com/follow-the-money-parkhub-buys-competitor-closes-13m-series-b-round-kibo-makes-acquisition/
Neighborhood Goods Rakes In $8.8M In Additional Funding
Dallas-based Neighborhood Goods, a retail innovator that launched its first location in Plano last year, is continuing its upward trajectory. The startup announced this week that it has raised an $8.8 million in expanded seed financing, a boost the retailer…
Angie’s List Parent Acquires Dallas-Based Fixd Repair
Fixd Repair, the Dallas startup disrupting the home repair and warranty business, has been acquired by ANGI Homeservices, the parent company of Angie's List, HomeAdvisors, and eight other brands in eight countries. The Denver Business Journal reported that no financial…
Vinli Announces Close Of $13.5M Series B Funding Round
Dallas-based mobility startup Vinli announced this week closing a $13.5 million Series B funding round. Vinli has a data intelligence platform built for connected vehicles. Earlier this week, we reported that participants in the capital raise included new and existing…
Recode Therapeutics Raises $1M
Dallas medical research company Recode Therapeutics has raised $1 million as part of a new funding round, according to a filing. The company is aiming to raise up to $3 million, the filing shows. Recode is developing a way to…
Adaptive3D Gets Series A Funding
Dallas-based Adaptive3D, a supplier of premium additive manufacturing polymer resin, has secured a Series A funding round for an undisclosed amount, according to a report in FinSMEs. The funding round was co-led by DSM Venturing, which is Royal DSM's strategic…
Phynd Technologies Raises $8M For Medtech Platform
Dallas-based medtech company Phynd Technologies Inc., announced Tuesday that it completed an $8 million Series B funding round. Phynd offers healthcare providers an information management SaaS solution that manages all operational provider data. Its Phynd 360° Provider Platform details who…
Quest Events Raises Undisclosed Amount
Frisco-based Quest Events, a leader for drapery solutions and other products including modular furniture, scenic elements, décor, and accessories in the events industry received last week an undisclosed amount in a strategic investment from private equity firm TZP Capital Partners…
Alto Raises $14.5M For On-Demand Ride Service
In October, 2018, we told you all about the inventive ride-hailing startup Alto. Today, it announced it's entering the market with $14.5 million raised in two rounds of funding from several partners including Road Ventures and Frog Ventures. Alto is…
Dallas Eyecare Company Gets Investment From J.P. Morgan
Riata Capital Group has announced that its portfolio company, Dallas-based Acuity Eyecare Group, has recieved an equity investment from J.P. Morgan Asset Management in support of growth and expansion. Financial terms of the investment were not released. The investment was…
Frisco Music City Gets $3.9M
The plan approved by Frisco officials last year called Frisco Music City has raised $3.9 million from outside investors, according to a filing. Intended to be housed near the Cowboys' Star, the new music venue is expected to be made…
Fossil Group Sells Smartwatch Technology To Google
Tech giant Google has bought Richardon-based Fossil Group's smartwarch technology, as well as the research and development division that created it, in a deal valued at about $40 million. the Verge reported. dallasinnovates.com/follow-the-money-alto-announces-14-5m-lantern-pharma-raises-535000-zix-corp-makes-275m-acquisition/
YourCause Exits In $157M Acquisition
Plano-based YourCause, a leader in enterprise philanthropy, corporate social responsibility, and employee engagement technology, announced it has been acquired by Charleston, South Carolina-based Blackbaud, a leading cloud software company that empowers social good, in a deal valued at roughly $157…
Baicells Gets Investment From Qualcomm Inc.
Plano-based small cell technology company Baicells has received an investment from Qualcomm Inc. that it will use to further the development of 5G technologies, according to FinSMEs. The amount was not disclosed. The investment was made through Qualcomm Ventures LLC,…
KonaTel Raises $1.3M Funding Round
Dallas-based U.S. wireless service reseller KonaTel Inc. announced in a Form D filing in December that it had raised all of a $1.3 million equity offering. The company was founded in 2014 and provides voice and data solutions for agents,…
PumpJack Dataworks Reports $250K In Seed Funding
Dallas-based sports technology services company PumpJack Dataworks Inc. has raised $250,000 in seed funding, Crunchbase reported. The company was founded in 2018 and has offices in New York and Madrid. It helps sports teams and venues refine their digital strategies…
Envy Gaming Nets $20M In Funding
Envy Gaming, the Dallas-based esports team, raised $20 million in external funding, Sports Business Daily reported. The funding will help with Envy's attempts to monetize its fan base across the Overwatch League and eight other titles, the report stated. The…
Pieces Technologies Raises $10.9M In Equity Funding
Dallas-based AI and predictive analytics startup Pieces Technologies said in a December filing with the U.S. Securities and Exchange Commission that it had raised $10.925 million of a $15 million equity funding round. Pieces Technologies' team of physicians, engineers, and…
Payer Compass Announces Significant Investment
Plano-based Payer Compass, a health-care reimbursement technology and price transparency solutions provider, said it received a significant investment but did not disclose the amount. According to FinSMEs, the round was led by Spectrum Equity with participation from Health Enterprise Partners.…
Viziv Technologies Raises $1.372M
Waxahachie-based Viziv Technologies announced in two new filings with the U.S. Securities and Exchange Commission that it raised $1.372 million in new funding. One filing detailed Viziv had raised $837,000 of a $5 million offering. The second showed it raised…
Floafers Gets Steady Influx Of Funding For Foam Loafers
Floafers, a Dallas-based shoemaker and retailer of water loafers received a $200,000 investment last month to support its line of water loafers. The company said its shoes combine the versatility of waterproof Ethylene Vinyl Acetate foam with the design of…
Spectral MD Raises $1M In Funding Round
Spectral MD has raised more than $1 million of a $2.7 million offering, according to a report in the Dallas Business Journal. The Dallas-based biotech company has created a device, called the DeepView Wound Imaging System, that gives detailed views…
Incero Data Centers Acquired By Hivelocity
Dallas-based Incero.com, an IaaS provider with data centers in Dallas, Seattle, and New York City, has been acquired by Florida-based Hivelocity, a provider of dedicated services, cloud hosting, collocation, and managed services. No financial terms of the deal were released.…
Complex Sports And Entertainment Gets $850K In Seed Funding
Grapevine-based event consulting and management company Complex Sports and Entertainment announced in a Form D filing with the U.S. Securities and Exchange Commission that it raised $850,000 in seed funding. The company was founded earlier this year, and says on…
Wellness Management Company SimplyWell Acquired
Dallas-based Viverae-which recently rebranded as SimplyWell-has been acquired by Virgin Pulse, a global health and well-being company. SimplyWell is a wellness management company that focuses on helping organizations improve, and simplifying health for their employees. Its acquisition will give Virgin…
Neighborhood Goods Raises $8M Of $10M Offering
Neighborhood Goods, the Dallas-based retail startup founded by Matt Alexander and Mark Masinter, said in a filing with the U.S. Securities and Exchange Commission that it raised $8 million of a $10 million offering. In May, the startup said it…
ModoPayments Raises $13M In Series A Funding
Richardson-based payments technology startup ModoPayments LLC announced that it has completed a Series A funding round of more than $13 million. According to Finsmes, the round brings the total funding raised by ModoPayments to more than $16 million. The round…
PICKUP Raises $5M In Series A Funding
Dallas-based instant delivery company PICKUP said that it raised $5 million in a series A funding round. The funding came from three venture capital investors - Maryland-based TDF Ventures, and Noro-Moseley Partners and Engage Ventures, both of Atlanta. dallasinnovates.com/follow-money-swych-sells-majority-stake-pickup-nets-5m-sabre-agrees-350m-deal-farelogix/
Finablr Takes Majority Stake In Plano-Based Swych
Swych announced this week that Abu Dhabi-based Finablr has taken a majority stake in the Plano-based digital gifting platform. Finablr said that it will leverage its network's leadership and global presence to expand Swych's gifting network to a broader international…
Celanese Completes $570M Senior Note Offering
Irving-based Fortune 500 chemical company Celanese Corp. announced that its subsidiary, Celanese US Holdings LLC, has completed its registered offering of €500 million [roughly $570 million] of 2.125 percent senior notes due 2027. According to a release, the notes are…
Sun Holdings Acquires Taco Bueno In Bankruptcy Reorganization
Irving-based Taco Bueno Restaurants announced Tuesday that it had agreed to be acquired by Taco Supremo LLC, an affiliate of Dallas-based franchising giant Sun Holdings Inc., as part of a restructuring in federal bankruptcy court where Taco Bueno has sought…
Aircraft Maitenance Software Maker EmpowerMX Raises $5M
EmpowerMX, a Frisco aircraft maintenance software company, said in a regulatory filing that it has raised $5 million. The Dallas Business Journal reported that EmpowerMX - which is partnered with IBM and Microsoft - launched its first product in the…
Blackstone Energy Buys Majority Interest In Ulterra Drilling
New York City-based Blackstone Energy Partners and Fort Worth-based Ulterra Drilling Technologies announced that Blackstone is acquiring a controlling, majority interest in the inventive maker of drill bits for the oil and gas industry. Ulterra - which holds six patents…
BoodsKapper Announces Seed Funding Round
Dallas-based BoodsKapper Inc., which creates AI-based software for public housing authorities, and virtual supply chain analysis for food manufacturers, announced a seed funding round, according to Crunchbase. On its website, the company said it is working with a Top 10…
Game Development Studio Playful Raises $5M In VC Funding
Playful Corp., the McKinney-based game development studio, raised $5 million in a venture capital funding round, according to a report in Crunchbase. The capital raise joins a $25 million private round from October 2015, according to Crunchbase, totaling $30 million…
Luminant Gets $1M Grant For Battery Energy Storage System Project
Dallas-based electric power producer Luminant announced that it was awarded a $1 million grant from the Texas Commission on Environmental Quality for its Upton 2 battery energy storage system project. According to a release, the New Technology Implementation Grant program…
Investment Pushes Dallas-Based Ryan To $1.1B Valuation
Toronto, Canada-based Onex Corp. announced that it acquired a 42 percent interest in Dallas-based global tax services and software provider Ryan LLC for $317 million. The investment values Ryan at $1.1 billion, according to a release. Founded in 1991, Ryan…
Snack Maker Hail Merry Raises $1.08M In Equity Round
Hail Merry LLC, the Dallas-based maker of raw, plant-based snacks, announced in a filing with the U.S. Securities and Exchange Commission that it has raised $1.08 million of a $1.26 million equity funding round. Hail Merry was launched in 2008…
PostItPlayIt Raises $1.59M In Equity Funding
Addison-based peer-to-peer competition startup PostItPlayIt Inc. said in a government filing that it raised all $1.59 million in an equity financing round. On the platform, users can create their own contests and compete against friends and family-heck, the whole nation…
Cox Automotive Buys Grapevine-Based Intersection Technologies
Grapevine-based automotive software company Intersection Technologies Inc., which does business as F&I Express, has been acquired by Cox Automotive Inc. of Atlanta. F&I Express will operate as a wholly-owned subsidiary of Cox Automotive. No financial terms of the deal were…
LivePerson Acquires Conversational Intelligence Platform Conversable
Conversational commerce company LivePerson has acquired Conversable, an AI company with a conversational intelligence platform with offices in Dallas and Austin, and which bills itself as "Made in Texas." While terms of the deal weren't disclosed, Conversable CEO and co-founder…
Ansira Acquires Adobe Solutions Provider Defakto
Defakto, the Dallas-based Adobe solutions provider, has been acquired by Ansira Partners Inc., one of the largest independent marketing agencies in North America. The move will allow the two companies to combine services and to strengthen Adobe capabilities. dallasinnovates.com/follow-the-money-caris-raises-150m-meritize-gets-13-2m-benefitmall-buys-phoenix-firm/
iDonate Secures $10M In Series A Funding
iDonate-a Dallas-based software developer aimed at helping nonprofits-raised $10 million in a Series A funding round led by PerformanceEdge Partners. Additional funding came from existing and new investors, such as Fort-Worth-based Miles Foundation. iDonate CEO declined to say the total…
Lewisville Health-Care Tech Firm Gets $3.7M
Post Acute Analytics, a Lewisville-based healthcare technology company, raised $3.7 million in seed funding, according to Crunchbase. Founded in 2018, Post Acute Analytics offers a full suite of solutions through proprietary analytics, a turnkey integration engine, and medical leadership, that…
Caris Life Sciences Raises $150M
Caris Life Sciences, an Irving-based innovator in molecular science's use in precision medicine, said it raised $150 million in growth capital. The funding comes from TPG Sixth Street Partners in the form of senior secured debt and convertible notes, Caris…
Lender Meritize Raises $13.2M In Seed Funding
Frisco-based educational lender Meritize recently raised $13.2 million in a Series A funding round led by Colchis Capital, with participation from Chicago Ventures. Other investors included CLC, Cube Financial Holdings, ZZ Ventures, Socratic Ventures, ECMC Group, University Ventures, PC Squared,…
Wisteria Is Acquired By UK Lifestyle Company
A lifestyle brand based in the United Kingdom has acquired Dallas-based furniture and home decor retailer Wisteria. The acquisition was made by OKA Direct Ltd. for an undisclosed price. It's OKA's first major acquisition in the company's 20-year history and…
Integrity Bio-Chem Raises $2.9 In Venture Round
Cresson-based Integrity Bio-Chem reported in a government filing that it has raised $2.9 million of a $3 million venture capital round. Integrity Bio-Chem said it is bringing the next evolution of functionalized modified biopolymers to the energy and industrial markets,…
Real Estate Tech Company Compass Raises $400M In Series F Round
Compass, a New York Cityp-based real estate technology company, that has entered the Fort Worth market announced that it raised $400 million in a Series F funding round. To date, Compass - which was founded in 2012 - has raised…
Cargo Hauls In $22.5M In Equity Funding Round
In-car commerce platform Cargo has raised $22.5 million in a new equity funding round, according to a filing with the SEC. New York City-based Cargo, which recently launched its service in Dallas, provides refreshments and treats - water, gum, snacks…
Dallas Transportation Company Mode Transportation Sells For $238.5M
Mode Transportation, a non-asset third-party logistics company headquartered in Dallas, has been sold to an affiliate of York Capital Management for roughly $238.5 million. Oak Park, Illinois-based Hub Group Inc. sold Mode, which was a subsidiary. The deal does not…
Nanoscope Technologies Gets $4M In Two Grants
Bedford-based Nanoscope Technologies has received two grants totaling $4 million for two optogenetics technologies the company said could give sight to people with damaged retina cells. What is optogenetics? It's a biological technique that uses light to control cells in…
Allen Payment Processor Forte Payment Systems To Be Acquired
Forte Payment Systems Inc., an electronic funds transfer processor based in Allen, is being acquired for roughly $85 million in cash at closing by CSG International, an international provider of customer interaction and billing solutions. The deal is expected to…
Fort Worth Pharma Company Actuate Therapeutics Raises $4.025M
Fort Worth-based Actuate Therapeutics Inc. said in a Form D filing that it raised $4.025 million in a debt-only funding round. Actuate is a private biopharmaceutical company that focuses on developing compounds to be used in the treatment of cancer…
Sunfinity Raises $525K In Debt Funding Round
Dallas-based Sunfinity Solar LLC said in a new filing with the U.S. Securities and Exchange Commission that it raised $525,000 of a $15 million debt-only funding round. Sunfinity is a provider of solar energy to both residential and commercial clients.…
Select Milk Producers Raises $12M Equity Round
Select Milk Producers, a Dallas-based dairy company that says it uses innovative sustainable farming methods and takes extraordinary animal care and comfort measures, has raised all $12 million of a $50 million equity-only funding round. dallasinnovates.com/follow-the-money-select-milk-nets-12m-actuate-therapeutics-raises-4m-valify-acquires-tech-firm/
Farm2Cook Organic Meat Company Raises $250K
Plano-based new-age organic meat company Farm2Cook raised $250,000 in a venture funding round, bringing its total funding so far to $300,000. Farm2Cook was founded in 2017 by Nathan Pinto, who said the company was created to disrupt the ethnic meat…
INTREorg Raises $247K In Post-IPO Round
Southlake-based INTREorg Systems has raised $247,000 in a post-IPO equity round, Crunchbase reported. The firm provides shareholder intelligence and IT and consulting services, including management, compliance, and finance, and it has now raised $497,000 in two rounds since 2012. The…
Grey Inc. Raises $1M In Debt Round
Dallas-based Grey Inc. said in a filing with the Securities and Exchange Commission that it has raised $1 million of a $3.5 million debt offering. Grey, which was founded in 2017, offers a point-of-sale system that it said combines "ease…
G&A Consultants Acquired By North Carolina Firm
Lewisville-based engineering and design firm G&A Consultants Inc. has been acquired by North Carolina-based McAdams. The firms will temporarily operate in Texas under the combined named G&A | McAdams. The deal was finalized Aug. 31, a release said. dallasinnovates.com/follow-money-cyber-watch-gets-2-5m-bank-makes-equity-investment-modo-payments/
ORIX Foundation Gives $250K ‘Cycle’ To Good Returns
Dallas-based financial services group ORIX USA Corp., will provide $250,000 in capital through its foundation to Good Returns, a Dallas-based hybrid social enterprise that makes loans to impact organizations. Good Returns will use the funds to help organizations scale sustainable…
Modo Payments Gets Equity Investment From Deutsche Bank
Deutsche Bank has acquired an equity stake in Richardson-based payments technology company Modo Payments, a move that will provide the bank with new offerings for its clients. The amount of the investment wasn't disclosed. Founded in 2010, Modo Payments' offering…
Cyber Watch Receives $2.5M Investment
Plano-based Cyber Watch has received a $2.5 million investment from Cypress Growth Capital. Cyber Watch assists its clients in planning and designing cyber security solutions to protect those organization's critical assets utilizing the most-advanced, but proven, emerging security technologies. dallasinnovates.com/follow-money-cyber-watch-gets-2-5m-bank-makes-equity-investment-modo-payments/
GDS Link Gets Minority Investment From California PE Firm
Dallas-based GDS Link, which helps businesses manage credit risk, has received an investment from San Francisco-based private equity firm Serent Capital. While terms of the deal were not disclosed, the Dallas Business Journal reported that it was a minority investment.…
LifeCare Health Partners Gets $40M In Debt Financing
Plano-based heath-care provider LifeCare Health Partners raised $40 million debt financing led by White Oak Healthcare Finance, Crunchbase reported. Founded in 1992, LifeCare Health Partners encompasses the LifeCare Family of Hospitals as well as a variety of post-acute services including…
Dairy.com Acquires Data Specialists Inc.
Frisco-based Dairy.com, a global provider of software-as-service solutions for dairy supply chains, announced Thursday that it is buying Richardson-based Data Specialists Inc. Data Specialists is a software solutions developer and provider to the dairy and food industries that was founded…
Arlington Surgery Center Raises $224K Equity Offering
rlington Surgery Center LLC has raised all of a $224,000 equity offering, according to an amended filing with the U.S. Securities and Exchange Commission. The center offers ophthalmology, laboratory, EKG, radiology, and pharmacy services. dallasinnovates.com/follow-the-money-fuse-medical-raises-3-27m-medhab-get-914k-truck-yard-hauls-4-2m/
Fuse Medical Raises $3.27M In Equity Funding
Fuse Medical Inc., a Richardson-based provider of innovative products for surgeons, said in a new Form D filing that it has raised all $3,276,488 of an equity funding round. Founded in 2011, Fuse provides a variety of orthopedic impants including…
MedHab Raises $914.7K In Equity Funding Round
Mansfield-based MedHab LLC said in a new regulatory filing that it has raised $914,770 of a $3 million equity funding round. Founded by Johnny Ross in 2008, MedHab is a device company specializing in the development and delivery of wearable…
Which Wich Founder Acquires Dallas Gelato Chain
The parent company of Which Wich has acquired Dallas-based Paciugo Gelato Caffe, a 32-unit gelato chain that it will begin expanding across the U.S. Dallas-based Sinelli Concepts International did not disclose any terms of the deal. dallasinnovates.com/follow-money-boardroom-salon-kristi-which-wich-buys-gelato-chain/
Higginbotham Acquires Friendswood Aviation Risk Firm
Fort Worth-based independent insurance broker Higginbotham has acquired the business of Friendswood-based Colt Risk Management, an independent commercial insurance broker specializing in aviation risk. Higginbotham has practice groups in more than 20 industries, according to the Fort Worth Business Press.…
Kristi & Kids Raises $200K In Equity Funding Round
Fort Worth-based Kristi & Kids Enterprises LLC said it has raised $200,000 of an $800,000 equity round. According to a filing with the U.S. Securities and Exchange Commission, the minimum investment accepted from an outside investor is $50,000. dallasinnovates.com/follow-money-boardroom-salon-kristi-which-wich-buys-gelato-chain/
Boardroom Salon Gets Majority-Stake Investment From LightBay
Southlake-based Boardroom Salon for Men announced Thursday that it has closed on an investment by affiliates of Los Angeles-based private equity firm LightBay Capital. LightBay will take a majority stake in the company and accelerate Boardroom's growth. No financial details…
Houston Firm Acquires Zogg Benefits
Dallas-based professional employer organization Zogg Benefits has been acquired by G&A Partners of Houston. The Zogg acquisition is G&A's fourth acquisition of the year, according to a news release. No financial details of the acqusitiion were released. dallasinnovates.com/follow-money-rollkall-gets-950k-link-off-duty-police-jobs-arcade-funding-reaches-1-5m/
MYCON Acquires Grapevine Construction Firm
MYCON General Contractors of Dallas has acquired Grapevine-based Pavlovich Construction Services. MYCON said the deal will support its growth in the industrial and manufacturing sectors, according to the Fort Worth Business Press. No financial details were released. dallasinnovates.com/follow-money-rollkall-gets-950k-link-off-duty-police-jobs-arcade-funding-reaches-1-5m/
Arcade’s Recent Funding Raises Total To $1.5M
Dallas-based startup Arcade has raised $1 million from investment groups, bringing its total funding to roughly $1.5 million. CEO Dave Cherrie told the Dallas Business Journal that the funding will help Arcade with sales and marketing as it grows. Among…
Harvest Gold Silica Raises $200K
Palmer-based Harvest Gold Silica said in a filing with the U.S. Securities and Exchange Commission that it has raised $200,000 of a $5 million offering. On its website, Harvest Gold Silica said its product "is derived from naturally occurring minerals…
Xome Acquires Assurant Mortgage Services
Lewisville-based Xome announced that it has acquired North Richland Hills-based Assurant Mortgage Solutions Group from Assurant Inc. in a deal valued at $35 million. Xome, a subsidiary of WMIH Corp., is a provider of services to mortgage servicers, originators, real…
RollKall Technologies Raises $950K In Equity Funding
Irving-based RollKall Technologies LLC announced in a Form D filing that it raised $950,000 of a roughly $1.5 million equity-only funding round that the company said will allow it to speed development and enable targeted acquisitions. Founded by Benjamin Poch,…
KidStrong Awarded $33,500 In CodeLaunch Competition
Code Authority, a custom software company chose one winner out of the six finalists who presented in the startup pitch event. They chose Frisco-based KidStrong to win the award; $33,500 in seed funding and services and will have their startup…
Colleyville Startup Raises $10M In Series A Funding
Service Fusion, a Colleyville-based startup that offers software to construction contractors has raised more than $10.1 million in a Series A funding round from Kansas City investment firm Five Elms Capital, according to a filing with the federal government. The…
Hedera Hashgraph Raises $100M For Blockchain Alternative
Dallas-based Hedera Hashgraph announced Wednesday that is has raised $100 million from institutional investors and individuals - including $10 million from its own employees - for a new distributed ledger platform it has developed. Hedera said its platform is faster,…
Seed Round Delivers $3M To Dallas-Based Fetch
Dallas-based off-site package solution startup Fetch announced this week that it raised $3 million in a seed funding round led by Austin-based Silverton Partners. Founded in 2016, Fetch provides package solutions for apartment buildings by accepting packages at local warehouses,…
TheCapitalNet Raises $500K In Seed Round
TheCapitalNet, a software-as-a-service provider with North Texas ties currently operating mostly in stealth mode, has received a $500,000 seed round investment from Dallas-based Lindwall Family Investments LLC. CEO and co-founder Rakesh Bhatia told VCCircle that the proceeds will help the…
CareView Communications Raises $1M In Funding
Lewisville-based technology company CareView Communications Inc. said in a new filing with the U.S. Securities and Exchange Commission that it raised $1 million in a debt only funding round. CareView is an information technology provider to the health-care industry specializing…
Appspace Raises $375K In Equity Offering
Dallas-based Appspace Holdings said in a new SEC filing that it has raised $375,002 of a $750,003 equity and option offering. Appspace, which offers a platform to help companies communicate with their teams, was founded in 2002 and also has…
Oakland Business Acquires Streetlane
Streetlane, the Dallas-based provider of property management services, has been acquired by Roofstock, an Oakland, California operator of an online market place for single family rental investment properties. No details of the deal were released. Roofstock said it would retain…
Service Fusion Raises $10M Series A
Colleyville-based Service Fusion, a provider of management software applications to HVAC, plumbing, electrical, IT, and other service businesses, announced it raised $10 million in a Series A funding round. The round was led by Five Elms Capital, a Kansas-based firm…
SRS Distribution Raises $10.3M
SRS Distribution, a McKinney-based roofing company has raised $10.3 million for a potential acquisition, according to a SEC filing. The company counts Boston private equity firm Berkshire Partners and Los Angeles investment firm Leonard Green & Partners among its investors.…
Selery Continues Funding Success With $850K Raise
Carrollton-based Selery Fulfillment Inc., which specializes in inventory fulfillment and warehousing for e-commerce companies, said in a new filing with the U.S. Securities and Exchange Commission that is has raised $850,000 of a $1 million offering. In November, Dallas-based family…
Ataia Medical Gets $300K From Dallas Early Stage VC Firm
Ataia Medical, a graduate of Dallas startup accelerator Health Wildcatters, has raised $300,000 seed investment. The funding round was led by Dallas-based early-stage venture capital firm Green Park & Golf Ventures and its principals, Clay Heighten and Carl Soderstrom. Ataia,…
Craftwork Coffee Raises $932.5K of $3M Offering
Fort Worth-based Craftwork Coffee Co. announced in a new government filing that it has raised $932,500 of a $3 million equity offering. Craftwork Coffee is led by President Trevor Hightower and founder and CEO Riley Kiltz. In the filing, Craftwork…
KwikBoost Acquires Its Competitor, Brightbox
Dallas-based KwikBoost, a mobile device charging company, has acquired its competitor, Brightbox, whose products will add a "smart" charging solution as part of KwikBoost's Lock & Charge product family. KwikBoost offers a variety of solutions to charge mobile devices that…
Krew Rideshare Raises $25k, May Expand To Dallas
Krew Rideshare Inc. - which anticipates expanding to Dallas in the next six to eight months - said in a new filing that is has raised $25,100 of a $200,000 debt and equity offerings. Austin-based Krew offers rides from Austin…
Fort Worth’s Sidekick Tools Raises $60K
Fort Worth-based Sidekick Tools Inc. said in an amended filing with the SEC that it has raised $60,000 via a SAFE agreement - simple agreement for future equity - an agreement between an investor and a company that provides rights…
Maxxsure Raises $350K In Equity Funding Round
Richardson-based Maxxsure LLC, an independent cyber risk management platform, announced in a filing with the U.S. Securities and Exchange Commission that it has raised $350,000 of a $1.35 million equity funding round. In October, Maxxsure said it raised $750,000 in…
Kanarys Raises $115K In Debt Funding
Dallas-based business consulting firm Kanarys Inc. announced in a new filing with the federal government that it has raised $115,000 of a $1.5 million debt funding round. According to the Kanarys LinkedIn page, the firm was founded this year and…
Stryve Foods Raises $10M In Equity Offering
Plano-based protein snacks startup Stryve Foods LLC said in a new filing that it has raised $10 million of a $12.5 million equity offering. Earlier this year, Stryve reported raising $1.25 million of another $8 million funding round. In January,…
Texas Standard Raises $500K In Seed Funding
Dallas-based clothier Texas Standard announced this week that it has raised $500,000 in a seed funding round - capital that will help the company with production and growing its staff. "We are looking to hire across the board, and at…
DCS Global Receives Growth Investment From Tritium Partners
Dallas-based DCS Global, a provider of revenue cycle managament software, announced that it received a growth investment from Tritium Partners. The size of the investment was not released, but DCS said the money will help it increase the availability of…
Viziv Technologies Raises $576K In Equity Raise
Waxahachie-based Viziv Technologies announced in a new filing that it raised another $576,000 in an equity only raise targeted at $15 million. Earlier this month, Viziv said it raised $500,000 in an another equity funding round, the company announced in…
Deep Ellum Brewing Co. Sells To Canarchy Craft Beer Collective
Dallas beer brewing stalwart Deep Ellum Brewing Co. has been sold to Austin-based Canarchy Craft Beer Collective. Canarchy, a beer conglomerate, owns such brands as Oskar Blues Brewery and others, GuideLive reported. Deep Ellum Brewing opened in 2011 and quickly…
Ansira Partners Buys Brand Protection Agency
Dallas-based SaaS platform Brand Protection Agency has been acquired by Ansira Partners, a leading data-driven, technology-enabled marketing solutions provider, with headquarters in St. Louis, Missouri and Dallas. No details of the transaction were released. BPA's platform provides manufacturers and brands…
Arcade Raises $750K In Seed Investment Round
Dallas-based Arcade has raised $750,000 in a seed investment round, bringing its total funding since 2015 to $1.2 million, according to Crunchbase. Lead investor in the most recent round was Austin-based ATX Seed Ventures, a seed-stage venture firm. Arcade is…
Female-Focused Gin Maker Raises $50K In Seed Round
Pomp & Whimsy, a North Texas, women-run and women-focused maker and marketer of classically distilled gin infused with natural botanical liqueur, has raised $50,000 as part of seed round of funding. The company was founded by Dr. Nicola Nice, a…
Iuzeit Raises $500K In Seed Funding
Dallas-based iuzeit recently raised $500,000 in a seed investment round, according to Crunchbase. Iuzeit is a platform founded by Yogi Patel that offers one-stop shopping for information and reviews about consumer products. The platform aggregates, processes, organizes, and analyzes the…
BrandFX Body Gets Debt Investment From PE Firm
Ironwood Capital has made a subordinated debt investment in BrandFX Body Co., the Fort Worth-based manufacturer of composite fiberglass truck bodies. The amount of the investment was not released. Ironwood utilizes subordinated debt - sometimes called mezzanine finance - in…
Bestow Secures $15M Series A
Bestow secured $15 million in Series A funding led by Valar Ventures, with participation from existing investors New Enterprise Associates (NEA), Core Innovation Capital, 8VC, and Morpheus Ventures. Bestow designed a brand new underwriting framework and built a first-of-its-kind experience,…
CoinFlip Secures Seed Round Funding From 3 Investors
Plano-based financial services company CoinFlip Solutions announced that is has raised seed funding with the participation of Shoreline Venture Management, JetBlue Technology Ventures, and Heads or Tails Investments. CoinFlip is a cloud-based platform that enables electronic points and benefits to…
Entech Sales & Service Raises $3.9M In Equity Funding
Dallas-based Entech Sales & Service announced in a new filing with the U.S. Securities and Exchange Commission that it has raised nearly $3.9 million of a $30 million equity funding round. The total amount of the raise so far is…
Neighborhood Goods Raises $5.75M
Neighborhood Goods, a Dallas-based retail startup founded by Matt Alexander and Mark Masinter, has raised $5.75 million. The seed round was led by Forerunner Ventures with participation from Maveron, CAA Ventures, Global Founders Capital, NextGen Venture Partners, and others. Also…
Women In Their Prime Raises $250K Of $1M Offering
Dallas-based Women in Their Prime LLC has raised $250,000 of a $1 million equity financing round, according to a filing with the U.S. Securities and Exchange Commission. The company's PRiME website is aimed at entrepreneurial women in their 50s, 60s,…
Vorbi Completes $2M ‘Safe’ Funding Round
Plano-based tech company Vorbi Inc. has closed a $2 million investment round under a simple agreement for future equity - commonly called SAFE - according to a Form D filing. Vorbi is a hyperscale converged cloud Infrastructure provider and said…
Robin Autopilot Closes On $1M In Funding
Dallas-based robotic lawnmowing franchisor Robin Autopilot has closed on a $1 million funding round, the DBJ reported. Robin Autopilot grew out of the Dallas-based Dialexa Labs incubator and was featured on the hit-television show Shark Tank. More than 1 million…
Fruitables Maker VetScience Acquired By Manna Pro
Dallas-based VetScience has been acquired by Chesterfield, Missouri-based animal nutrition manufacturer Manna Pro Products. VetScience is known for its Fruitables brand of natural treats and supplements that target pet obesity. "Fruitables treats and supplements will be a strong addition to…
Uber Eats acquires Flower Mound based orderTalk
Restaurant food delivery by drone may command the headlines - at least when Uber CEO Dara Khosrowshahi says Uber is experimenting with the futuristic technology, it does. But beyond the drone buzz, quieter technical integrations will make the biggest change…
Frisco’s Hera Health Solutions Raises $100K
Frisco-based Hera Health Solutions said in a new federal filing that it has raised all of a $100,000 funding round. Hera Health Solutions was founded in 2016, and is developing a device that eliminates the removal of sub-dermal contraceptive arm…
Bestow Inc. Raises $15M In Series A Funding Round
Dallas-based Bestow Inc. has closed $15 million in Series A funding ahead of the company's national launch of its life insurance services platform. The Series A raise was led by New York City-based Valar Ventures, with participation from existing investors…
Hail Merry LLC Raises $787,239K In Equity Financing
In January, Hail Merry said it closed a $2.035 million debt round. The company manufactures and sells raw, vegan, and gluten-free snack products including tarts, macaroons, granola, nuts and seeds, and assortments, according to Bloomberg. Its products are sold through…
North Texas Tablet Maker Schok Raises $2M
Schok is based in Frisco and Rowlett, and was founded roughly two years ago as a subsidiary of Link America. The Dallas Business Journal reported that previously, the company had pitched Apple on cell phone accessories, but that Schok began…
OncoNano Closes On $11.7M Series A Round
Dallas-based OncoNano Medicine Inc. announced Thursday that it closed a $11.7 million Series A round, according to filing with the Securities and Exchange Commission. The round was arranged by Salem Partners, which participated as a principal investor. The recent funding…
Perot Jain Backs Two DFW Tech Startups
Perot Jain, a Dallas-based venture capital firm co-founded by Ross Perot Jr. and Anurag Jain, has backed two DFW startups - NoiseAware and Spacee. Financial details of the investments have not been released by Perot Jain or the two startups.…
Patent Registry Firm IPwe Sells $2.5M Of $10M Equity Offering
IPwe Inc., which has operations in Dallas, has sold $2.5 million of a $10 million equity offering, the company said in a filing with the federal government. IPwe's Global Patent Registry is the world's first blockchain-enabled patent registry and the…
Krew Raises $25K In Seed Investment Round
Dallas-based startup Krew announced that it has raised $25,000 in a seed investment round. Krew's app operates in the intercity travel industry by offering affordable long-distance car rides to consumers. dallasinnovates.com/follow-the-money-smartblock-starts-100m-fund-learning-machine-closes-3m-round-morsco-bought-for-1-4b/
Krew Raises $25K In Seed Investment Round
Dallas-based startup Krew announced that it has raised $25,000 in a seed investment round. Krew's app operates in the intercity travel industry by offering affordable long-distance car rides to consumers. dallasinnovates.com/follow-the-money-smartblock-starts-100m-fund-learning-machine-closes-3m-round-morsco-bought-for-1-4b/
SmartBlock Raising $100M Hedge Fund For Crypto, Blockchain
Dallas-based investment firm SmartBlock Capital is raising a $100 million hedge fund to place investments in cryptocurrencies and blockchain, the Dallas Business Journal reported, citing a filing with the federal government. Blockchain is the underlying technology for bitcoin. The Business…
Denton-Based Upventur Acquires Yonder
Upventur, the Denton-based social platform for the outdoor travel space, announced Wednesday that is has acquired Yonder, a social networking platform dedicated to connecting outdoor enthusiasts. No terms of the deal were released. dallasinnovates.com/follow-money-wildcat-capital-leads-11m-raise-konatel-reaches-1-3m-goal-upventur-buys-yonder/
Ioogo Raises All Of $250L In Equity Round
Dallas-based Ioogo Inc. announced in a filing with the U.S. Securities and Exchange Commission that it raised all $250,000 offered in an equity raise. Founded in July 2017 by Josh Alballero and Kristy Campbell, Ioogo offers an SaaS platform that…
SalesBoost Raises All Of $875K Equity Offering
Plano-based SalesBoost LLC has raised all of a $875,000 equity offering, the company announced in a Form D filing with the U.S. Securities and Exchange Commission. SalesBoost specializes in hospitality training that develops sales leaders, hotel-based sellers, and global sales,…
ShearShare Raises $1.1M In Seed Investment Round
McKinney-based ShearShare Inc. has raised $1.1 million in a seed round involving nine investors, according to Crunchbase. The investors are Y Combinator, Structure Capital, Precursor Ventures, James Sowers, David O, Capital Factory, Blackstone LaunchPad, Backstage Capital, and 500 Startups, Crunchbase…
KonaTel Sells All Of $1.3M Equity Offering
Dallas-based KonaTel Inc., a reseller of U.S. wireless service, announced in a Form D filing that it had raised all of a $1.3 million equity offering. The company - founded in 2014 - provides voice and data solutions serving agents,…
Macquarie Invests In Data Center Provider Aligned Energy
Dallas-based data center provider Aligned Energy has received a strategic investment from Macquarie Infrastructure Partners that will be used by Aligned Energy to expand its operations. According to FinSMEs, Aligned will be jointly controlled by its current owner, BlueMountain Capital…
ZipStored Delivers With $100K Seed Round
ZipStored Inc., a Dallas-based storage and delivery company, has raised $100,000 in a seed funding round, Crunchbase reported. The source of the funding was not disclosed for the company that was founded this month by Asker Ahmed, according to Crunchbase.…
Swych Raises All $2M In Investment Offering
Plano-based mobile gifting platform Swych announced it has raised all $2 million offered in a debt investment round, according to a new Form D filing with the U.S. Securities and Exchange Commission. Swych was founded in 2015 by Deepak Jain,…
ROKA Sports Raises $17.75M of $21.32M Offering
Dallas-based ROKA Sports Inc., which designs high-performance swimwear and biking suits for competitive athletes, has raised $17.75 million of a $21.32 million offering, according to a Form D filing with the federal government. The company did not specify for what…
Nike Acquires Health Wildcatters Graduate Invertex
Dallas-based health-care seed fund accelerator Health Wildcatters has achieved the second exit in its five years of existence. Invertex Ltd., which went through the program in 2014, has been acquired by Nike. Invertex uses computer vision to create 3D scans…
Traxo Completes $810K Funding Round
Dallas-based Traxo Inc. has raised another $85,225, completing its $810,735 funding round, according to an amended filing with the U.S. Securities and Exchange Commission. Earlier, we reported that Traxo had raised $725,510 in new equity funding. In 2016, Traxo raised…
Intelis Capital Leads WNDYR Funding Round
Dallas-based venture capital firm Intelis Capital was lead investor in a funding round for WNDYR, a Dallas-based information technologies, professional services, and training startup with operations in North Texas. WNDYR was founded in 2015 by CEO Claire Burge and Chief…
Blockchain Startup Preciate Raises $869K
Dallas technology startup Preciate has raised $869,000 from about a dozen investors, according to a filing. The company is aiming to reach $2.5 million with this round of funding, the filing shows. Preciate is among a collection of new companies…
PDI Acquires Dallas-Based Marketing Solutions Provider Excentus
Dallas-based Excentus, a provider of loyalty and coalition marketing solutions for the U.S. retail, national brands, grocery, and convenience retail sectors, has been acquired by PDI. No financial details of the deal were released. PDI is a global provider of…
Fort Worth Game Studio Acquired By Las Vegas Firm
Fort Worth-based Ignis Studios LLC has been acquired by Momentous Entertainment Group Inc. for $21.5 million. The deal is made up of cash, performance payments, and stock, the companies announced. In a release, the companies said that over the past…
Woodmont Allen Academy Raises $1.3M In Equity Round
Woodmont Allen Academy LLC has raised $1.3 million in an equity raise from 40 investors, according to a SEC filing. According to the filing, the minimum investment amount was $25,000. Woodmont Allen Academy's registered agent is The Woodmont Co., and…
IOOGO Raises $250K In Seed Investment Round
IOOGO, a software-as-a-service techology company based in the Uptown neighborhood of Dallas, raised $250,000 in a seed investment round. Founded by Josh Alballero and Kristy Campbell in July 2017, IOOGO said its main premise is to establish a substantial customer…
Insurance Technologies Corp. Gets Majority Investment
Insurance Technologies Corporation, a Carrollton-based provider of marketing, rating, and management software and services to the insurance industry, received a majority investment of an undisclosed amount from Accel-KKR, a California technology-focused private equity firm. FinSMEs reported that following the deal,…
Texzon Technologies Raises $720K Of $15M Offering
Waxahachie-based Texzon Technologies LLC announced this month that it has raised $720,000 of a $15 million offering, according to a new filing with the U.S. Securities and Exchange Commission. In January, the company announced that it finished a VC funding…
Minnie’s Food Pantry Nets $1.3M In Venture Round
Minnie's Food Pantry of Plano, a charity that provides healthy, nutritious food to those in need, raised $1.3 million in a venture round. The lead investor in the round was not named. Minnie's was founded in April 2008 by Dr.…
Caruth Capital Invests Growth Capital in ATA RiskStation
Caruth Capital Partners, a Dallas-based middle-market private equity firm, has invested growth capital in Dallas-based ATA RiskStation LLC, a provider of cloud-based portfolio risk management. Founded by veteran technology entrepreneur Aladin Abughazaleh, ATA RiskStation offers its clients portfolio risk analytics…
OrderMyGear Raises $35M to Accelerate Product Development
OrderMyGear, the Dallas-based developer of an online ordering platform aimed at group orders of sporting goods and apparel, has raised $35 million in a funding round from Susquehanna Growth Equity. OrderMyGear said it will use the money to accelerate product…
PestRoutes Raises Equity Round for Product Development
PestRoutes, a McKinney-based company that develops business mangement software for the pest control industry, has raised a round of equity funding from Mainsail Partners. It will use the investment to accelerate product development and enhance customer service. PestRoutes did not…
OncoNano Medicine Announces $11.6M Raise
OncoNano Medicine, a Dallas-based biotech company, has raised $11.6 million from 27 private investors, according to SEC filing. OncoNano is a former spin-out from the UT Southwestern Medical Center, according to the Dallas Business Journal. OncoNano developed a method using…
Gradalis Announces $43.94M Equity Raise
Dallas-based pharma company Gradalis Inc. has received $43.94 million of a $55 million equity funding offer, the company announced in a filing with the U.S. Securities and Exchange Commission. Gradalis has not said how it intends to use the funding.…
Royal Alliances Gets ‘Seven Figure’ Backing From Decathlon Capital Partners
Irving-based mailing industry network Royal Alliances has received revenue-based growth financing described as being in the "seven-figure" range from Palo Alto, California-based Decathlon Capital Partners. According to FinSMES, Royal Alliances was founded in 2012 by CEO Aaron McDaniel, and is…
AuditionMe Raises $100K of $500K Goal
AuditionMe, the Rockwall-based content startup has raised $100,000 of its goal of $500,000, the Dallas Business Journal reported. In a filing with the SEC, AuditionMe said that funding came from four investors. The company was founded by Caleb Applegate to…
Project Ring Raises $2.2 M in Equity Funding
Fort Worth-based Project Ring Inc., registered as a foreign for-profit corporation in the state of Texas, reported in a new filing with the U.S. Securities and Exchange Commission that is has raised all of $2.2 million equity funding round. Project…
Real Estate Firm Door Inc. Raises $8.7M In Equity Funding
Door Inc., the Dallas-based tech-enabled residential real estate brokerage firm, announced that is has sold nearly $8.7 million of a $10 million equity offering. Door, which was founded in 2015, said it enables homebuyers and sellers to benefit from agent…
Fetch Package Garners $420K In Angel Round
Dallas-based Fetch Package, which provides outsourced package receiving and last-mile logistics for apartment buildings, announced it has raised $420,000 in an angel investing round. Apartment dwellers can use Fetch's services to have packages delivered to Fetch, which then hand delivers…
Paññã Announces $1M in Seed Funding For AI Recruiting Tech
Plano-based Paññã announced that it has raised $1 million in seed funding. The AI recruiting technology company said it raised the money in two separate $500,000 rounds this year. Paññã - pronounced Panya - said its focus is to help…
Dallas Cryptocurrency Startup Gets $18M, Will Launch New Platform
Dallas-based cryptocurrency startup Hedera plans to launch a new virtual currency platform called Hedera Hashgraph thanks to an $18 million funding round. The Hedera funding round included Digital Currency Group, and the launch of the new platform is expected to…
CareView Communication Completes $2.05M Debt-Only Round
Lewisville-based CareView Communications Inc. announced it had raised all $2.05 million in a recent debt-only funding round. In its filing with the Securities and Exchange Commission, CareView did not specify for what the money will be used. Crunchbase reported that…
Dallas-based on-demand labor marketplace Veryable Inc. raised $1.7 million
Dallas-based on-demand labor marketplace Veryable Inc. raised $1.7 million in an equity funding round that opened in May 2017, the company said in a Form D filing with the Securities and Exchange Commission. Veryable's labor marketplace is for manufacturing, logistics,…
BILT Inc. Raises $250K of $1 Million Offering
Keller-based BILT Inc. has raised $250,000 of a $1 million offering, according to a Form D filing. The BILT app was conceived in 2012 as the first use of SAP's Visual Enterprise 3D technology and is designed for consumers. The…
CounterFind Completes $997K Offering
CounterFind, the Frisco-based counterfeit merchandise detecting company founded by former Dallas Cowboy safety Darren Woodson, has raised an additional $190,000, according to a new Form D filing. The company now has completed its offering of $997,587. In January, we reported…
Vertical Computer Systems Reports $860K Raise
Richardson-based Vertical Computer Systems announced in a Form D filing that it has raised $860,000 of a $20 million funding round. Vertical Computer Systems is an international provider of application software, cloud-based and software services, internet core technologies, and intellectual…
KonaTel Raises $300K of $1.3M Equity Offering
KonaTel Inc., the Dallas-based reseller of U.S. wireless service, announced in a Form D filing that it had raised $300,000 of a $1.3 million equity offering. The company, which was founded in 2014, provides voice and data solutions serving agents,…
Naya Ventures Attracts $2M in Equity Funding
Irving-based Naya Ventures announced in a Form D filing that is has sold $2 million of a $2.45 million equity funding round. Naya Ventures is an early-stage and growth equity investment firm. It invests in U.S.- and India-based mobile technology…
Fort Worth Pharma Nuvothera Raises $2.06M
Fort Worth-based Nuvothera Inc., the maker of the psoriasis treatment Prosoria, has raised $2.06 million in an equity round, according to a filing with the Securities and Exchange Commission. Nuvothera recently announced that Prosoria was available to buy online for the first time on the company's website and via Amazon.
Flower Mound-Based Ivie & Associates Acquired for $92.5M
Ivie & Associates, a Flower Mound-based marketing services provider, has been acquired for a reported $92.5 million by Quad/Graphics Inc., a Wisconsin-based marketing solutions provider. Ivie & Associates was among the Inc. 5000 fastest-growing companies in the nation. It was…
Shop Simply Announces $400K Equity Raise
Shop Simply Inc., a Dallas-based provider of a software-based enabler of next-generation e-commerce, announced a $400,000 equity raise in a Form D filing with the U.S. Securities and Exchange Commission. This raise is part of a $5 million offering. Shop Simply was co-founded by Steve Nadon, Dr. Alistair Black, and Eric Peus, and uses virtual robot technology that automates and enables the entire shopping and checkout process.
got2go2 Nets $590K As It Builds Social Marketing Platform
Dallas-based startup got2go2 LLC announced it has raised $590,000 in an equity funding as part of a $750,000 offering, according to a filing with the SEC. The startup, founded in 2014, is under development with a planned launch in 2018…
Student Lending Platform Meritize Raises $6.8M Seed Round
Frisco-based student lending platform Meritize has raised $6.8 million in seed funding, the company announced. The round was led by Colchis Capital, Chicago Ventures, and Cube Financial Holdings, with participation from ECMC, College Loan Corp., University Ventures, City Light Capital,…
Dallas-based View Wireless Infrastructure Fund LP has raised $2.5 million in new equity funding
Dallas-based View Wireless Infrastructure Fund LP has raised $2.5 million in new equity funding, according to a filing. View Wireless filed as a Domestic Limited Partnership in the state of Texas in April 2017. While the total offering was $2.5…
Dallas-based nonprofit jewelry brand Akola Project has received a $250,000 line of credit
Dallas-based nonprofit jewelry brand Akola Project has received a $250,000 line of credit as part of $1 million in investments in four women-led ventures by the Women's Capital Collaborative, created in 2016 to support the diverse needs of women-run social…
Pieces Technologies Raises $3M
Dallas-based AI and predictive analytics startup Pieces Technologies has raised $3.25 million in a debt-only funding round. The funding is part of a total offering of $15 million, according to a Form D filing with the Securities and Exchange Commission.…
Federos Completes Series B Funding Round
Federos, a Frisco-based developer of IT service management tools and services, has raised an undisclosed amount in Series B funding. The funding included un-named family offices from the U.S., Germany, and Austria, Texas TechPulse reported. Started in 2005 as Monolith…
Plano Snacks Maker Stryve Foods Gets $1.25M Equity Investment
Plano-based protein snacks startup Stryve Foods LLC has received $1.25 million in funding from a new equity investment rounds, according to a filing with the Securities and Exchange Commission. The total offering in the round is $8 million, leaving $6.875…
Agrinos Secures $15 Million Equity Investment For Growth Strategy
Agrinos Inc., an Irving biotechnology company, has completed a $14.7 million equity investment with support from long-term investors Manor Investment SA, Havfonn AS, and EuroChem Group AG. The investments will help Agrinos accelerate execution of its business plan this year…
Pharma Companies Make $13.3M, $700K Raises
Two North Texas pharmaceutical industry companies controlled by Richard Appling both announced raises recently. Hurst-based Right Value Drug Stores Inc. announced a $13.3 million debt-only raise, while Denton-based Appling Enterprises LLC announced a debt-only raise of $700,000. dallasinnovates.com/follow-the-money-bios-partners-targeting-50m-fund-mooala-raises-5m/
Organic Beverage Business Mooala Raises $5M
Mooala, the Dallas-based startup that is a purveyor of dairy-free beverages, has raised $5 million in a new funding round, the Dallas Business Journal reported. The publication said Mooala likely will make an announcement on the funding next week. Mooala's…
Square Buys Entrees On-Trays, Expands DFW Offerings
TechCrunch reported that Square has bought Entrees On-Trays, the 32-year-old restaurant delivery service, with plans to expand to expand Square's on-demand food delivery service, Caviar, in Dallas-Fort Worth. Caviar product lead Gokul Rajaram told TechCrunch that the acquisition will allow…
ShearShare Snags Win in Capital Factory Diversity Challenge
ShearShare founders Courtney and Tye Caldwell won $100,000 in the Dallas Diversity & Inclusion Investment Challenge Tuesday evening, clearing the way for the McKinney startup to grow its team. The challenge was put on by Capital Factory in partnership with…
Endostim Raises $12.1 Million from 20 Investors
Netherlands and Dallas-based medical device developer Endostim raised more than $12.1 million in equity funding from 20 investors, according to a Form D filing. The company's treatments include those for gastroesophageal reflux disease, which causes severe heartburn and acid reflux.…
Filely to Rebrand with Help of $10,000 Investment
Dallas-based Filely received a $10,000 investment from Acupo Ventures that will be used for a major rebranding in the coming weeks. Acupo Ventures is a pre-seed venture capital firm and said its investment is to help Filely through its rebranding…
Grapevine Company Gets $55 Million in Series C Raise
defi Solutions, a Grapevine-based provider of lending industry software, raised $55 million in Series C funding, with an investment of primary and secondary capital from Bain Capital Ventures. The company will use the primary capital to accelerate development of existing…
Angels invest $675,000 in Dallas-based Medibookr
MediBookr, the Dallas-based health-care shopping platform, raised $675,000 in seed funding that will go toward product enhancement and client support. The MediBookr website and mobile app allows users to search for and find health-care providers' profiles, including price and ratings,…
RevTech leads $1 million of a $3 million Series A funding round for Birdzi
RevTech, the mentor-driven retail accelerator in Dallas, led the first $1 million of a $3 million Series A funding round for Birdzi, a New Jersey-based technology startup. Birdzi is a mobile engagement platform for small- and mid-size grocery chains, and…
Caddo Technologies Raises $1M
The Dallas-based biotechnology firm announced in a Form D filing that it had raised $1 million in equity financing, which was 100 percent of the offering. Caddo, which was formed in 2013, did not specify what the funding will be used for, and has not returned a call for more information.
Double Pull Inc. Nets $75k Equity Raise
Irving-based Double Pull Inc., announced a $75,000 equity raise, with proceeds to be used for product development, pilot projects, legal expenses, and marketing and sales, according to a Form D filing with the U.S. government. Double Pull has not responded to a call for more information about the round.
Valify Inc. Gets $652k for R&D
Frisco-based Valify Inc. announced in a Form D amendment that it had raised $652,352 of a $700,000 debt offering. Valify said it is the only 100-percent dedicated web-based solution allowing health-care organizations to quickly identify, benchmark, and track their savings in hospital-purchased services. The company will use the funding for continued research and development, Chief Technology Officer Matt Clark told Dallas Innovates.
Traxo Inc. Raises $725k in Equity Funding
Traxo Inc. has raised $725,510 in new equity funding, the company announced in a Form D filing with the U.S. government. In 2016, the Dallas-based company raised a $5.2 million Series B funding round led by TripAdvisor. Traxo specializes in data aggregation and tracking passenger loyalty and behaviors. It lists German airline Lufthansa and other travel companies as its clients.
Mycroft Completes $1.75m Seed Round
Kansas City-based Mycroft, which has an open source voice recognition platform, has completed a $1.75 million seed round. Among the company's investors is Dallas-based Deep Space Ventures.
Ex-Cowboy’s Tech Firm CounterFind Gets $1M in VC Investments
Darren Woodson played defense for the Dallas Cowboys in the Super Bowl years of the 1990s, and now his technology startup CounterFind is helping businesses defend against counterfeit versions of their products being sold on the internet. Some of the…
Alkami Raises $70 Million for Mobile Banking Software
There’s a startup in Texas that’s been quietly building the technology that powers mobile banking apps. Plano-based Alkami has developed a white label service that credit unions and banks use across digital platforms. And Alkami’s 4.5 million users have generated…
Reix Corporation Completes Series A Funding
Reix Corporation, a Dallas, TX-based owner of data and software platforms for the commercial real estate industry in the United States and Latin America, completed its Series A funding. Minority investments were provided by Altus Group Limited (TSX:AIF), Real Capital…
Dallas’ ‘Uber of Photoshopping’ Startup Gets Investment From Former Apple Exec
A Dallas startup that is building the “Uber of Photoshopping” has received an investment from a former Apple executive and pioneer of the photo editing software. The company, Mendr, released an app in March to allow users to hire from…
Nimbix attracts $7.8M in Series C round
Nimbix is a provider of cloud-based High Performance Computing infrastructure and applications. The company offers its customers hardware accelerated server platforms and HPC applications as a service through the Nimbix Accelerated Compute Cloud, speeding up data processing for Life Sciences,…
Austin’s Magnitude Software Acquires Irving based-Innowera
Magnitude Software, Inc., a leader in delivering business insights for organizations with increasingly fragmented application and data environments, today announced its second acquisition this quarter: Innowera, a global software provider that enables users to more efficiently manage SAP processes and…
Dallas Home Repair Startup Raises $2M For Texas Expansion
A Dallas startup aimed at disrupting the home repair and warranty business recently raised $2 million in seed money so it can expand to Austin, San Antonio, and Houston in January. The Fixd app gives homeowners a way to find…
Fastlane Secures $1.5 Million Seed Round Led by Eagle Venture Fund
Fastlane developers of the online car-buying platform that enables car buyers to purchase a vehicle directly from the car dealer's website and in-store sales while giving them an easy Amazon-like checkout experience, today announced it has completed a $1.5 million…
Frisco Wearable Tech Startup Raises $95K
Head injuries, concussions, and chronic traumatic encephalopathy suffered on the football field have been a topic of public discussion in recent years. According to the Chicago Tribune, growing concerns about head injuries is leading to a decline in youth football…
BenefitMall, Backed by Austin Ventures, Acquired by The Carlyle Group
Dallas-based BenefitMall, the provider of employee benefits and payroll services which is backed by Austin Ventures, has been acquired by The Carlyle Group. Financial details of the acquisition were not announced. The Carlyle Group said it believes thatcapital investment, an expanded salesforce, and…
Irving-based Miraca Life Sciences Acquired by Avista Capital
Irving, Texas-based Miraca Life Sciences, which operates an anatomic pathology laboratory, has been acquired by private equity investor Avista Capital Partners. Financial terms of the acquisition were not announced. Miraca Life Sciences provides anatomic pathology services in the fields of gastroenterology, dermatology,…
CyberMiles Raises $30M via ICO
Dallas-based CyberMiles, a startup developing a blockchain-based platform for decentralized, online marketplaces, said it has raised close to $30M in its "initial coin offering" (ICO). CyberMiles said it sold 420 million "CyberMiles Tokens" in its ICO, with funds to go…
Cufflinks.com & Cufflinks, Inc. Sold to Three Brothers
Cufflinks.com, the Dallas based manufacturer and distributor of men's fashion accessories, has been acquired. The 18-year-old firm manufactures and sells over 4000+ SKU's and has almost every high-end license to produce cufflinks, tie bars, ties and pocket squares as well…
Ecological Service Partners Raises $250M in Equity Funding
Ecological Service Partners, a Dallas, TX, and Washington, D.C.-based provider of ecological restoration of wetlands, streams and habitats for endangered species, raised $250m in equity funding. The backers were not disclosed. The company intends to use the funds to support…
JF2 Makes Selery Fulfillment Its First Investment
JF2 Capital Partners, a new Dallas-based family office venture capital firm, announced that it has made its first deal, placing a substantial investment in Farmers Branch-based startup Selery Fulfillment. https://dallasinnovates.com/new-vc-firm-jf2-makes-selery-fulfillment-first-investment/
Cosmic JS Completes $250K Angel Investment Round
In just 18 months, Dallas startup Cosmic JS has racked up 60 customers, including Big Fish and Brand New Congress, and is just finishing up a $250,000 angel round. And, it’s already planning to raise more funding in a seed…
Dallas’ Modern Message App Receives $2M in Series A Funding
The apartment rewards startup announced the results of the investment round this week, which was led by San Francisco’s AXA Strategic Ventures and included Dallas-area investors. Through its Community Rewards app, Modern Message gamifys apartment living giving residents reward points…
Kubos Corp. Announces $1.65M Funding Round
Denton-based Kubos Corp. announced Thursday that it has closed $1.65 million in new funding that will help it hire more employees and expand its platform. The round brings Kubos’ total funding to more than $2.4 million. Included in this round…
WatchGuard Files Paperwork for $75M IPO
WatchGuard, the Allen-based provider of mobile video cameras and evidence management software for law enforcement, has filed paperwork with the Securities and Exchange Commission for a $75 million IPO. The company plans to list on the Nasdaq exchange under the…
Stealthy neuromod dev Syntilla Medical raises $2m
Stealthy Syntilla Medical has raised $1.5 million in a round of debt financing, according to an SEC filing posted last month. The company has not publicly disclosed its developments, but has filed for a number of patents related to implantable…
Linux Academy, Cloud Assessments Secures $6.8M Series A Funding
Dallas-based online Linux and cloud training platform and community Linux Academy and Cloud Assessments has secured $6.8 million in Series A funding from Arthur Investments. The company said it will use the funds to continue expansion of Linux Academy’s content…
Plano-based ResMan Garners $36M Growth Investment
Plano-based property management software firm ResMan has secured a $36 million investment from Mainsail Partners and plans to use the funding to grow the company. ResMan said it will use the injection of cash to accelerate development of its products,…
$699K NSF Grant, Partnerships Will Help Astrapi Soar into Next Phase
Dallas-based Astrapi Corp., which enhances satellite communications through its proprietary spiral-based modulation technology, is ready to move into the next phase of growth thanks to recent grants, equity raises, and partnerships. The National Science Foundation awarded Astrapi a Phase II…
Down Payment Protection Provider ValueInsured Raises $6.5M in Funding
Dallas-based home down payment protection insurance provider ValueInsured has received a $6.5 million injection of capital from longtime partners Everest Re Group Ltd. and Houston International Insurance Group. The capital raise will give ValueInsured — the only provider of homebuyer…
Bedford based CRM Web Solutions Receives Growth Equity Iinvestment from Growth Street Partners
CRM Web Solutions, a Bedford, TX-based provider of a SaaS CRM and marketing platform for the early childhood learning industry, received a growth equity investment from Growth Street Partners. The amount of the deal was not disclosed. In conjunction with…
Fathomd awarded SBIR Phase II grant for $739,752 from the NSF
Fathomd has been awarded a National Science Foundation (NSF) Small Business Innovation Research (SBIR) Phase II grant for $739,752 to commercialize innovative technology by conducting research and development (R&D) work on developing web-based interactive educational games focused initially in the…
Maxxsure raises $750,000 Seed Round
Maxxsure is an independent cyber risk assessment platform providing quantitative framework-based (NIST and others) detailed assessment of processes, hardware/software and network vulnerabilities. Maxxsure allows you to identify and assess risks by process and technology. https://www.crunchbase.com/organization/maxxsure
Plano-based Swych Closes Series A Funding Round
Swych, Inc., a Plano, Texas-based provider of a digital gifting platform, completed its Series A round of funding.The amount of the deal was not disclosed. Backers included UAE Exchange Group, a global money transfer, foreign exchange and payment solutions provider.…
BioLum Sciences Receives Funding Boost for Asthma Management Device
Dallas-based BioLum Sciences has received another round of funding from Intelis Capital, which invests in early stage ventures. The startup co-founded by Southern Methodist University graduates is working on a non-invasive device for asthma management. The device measures airway inflammation…
Dallas Life Insurance Startup, Bestow, Receives $2.5M Investment
On-demand life insurance company Bestow announced this week it has raised $2.5 million in seed funding. That brings the Dallas-based startup’s total funding to $3.1 million since its founding last year. Bestow’s digital solution to life insurance will take the…
GTCR to acquire majority stake in Fort Worth based Simpli.fi
Simpli.fi, the programmatic advertising platform that delivers localization and personalization at scale, announced today that GTCR, a leading Private Equity firm based in Chicago, IL, will acquire a majority stake in the company. The investment from GTCR, along with additional…
Real Estate Tech Startup Truss Raises $7.7M, Plans Expansion
A $7.7 million funding round will help the startup Truss — which simplifies the office leasing process for small- and medium-sized businesses — expand its real estate offerings and add employees. TechCrunch’s Frederic Lardinois reported that the funding round was…
Richardson based Spaceek raises $1.4M
Spaceek has secured a $1.4 million investment in a round led by Clear Future, per Israeli business publication Globes. The company develops technology which navigates drivers to available parking spaces. https://pitchbook.com/newsletter/spaceek-raises-14m
@RISK Technologies Completes $2M in Seed Funding
@RISK Technologies Inc., a Cyber Network Consensus SaaS company that provides automated Digital Forensic Investigation and is the creator of the InVictus Cognitive Cyber Defense Platform, announced that it has secured $2M in seed funding after spending 9 months in…
Richardson Startup, CerSci Therapeutics, Raises $4M, Moving Non-Opioid Drug Closer to Clinical Trial
A company founded by current and former University of Texas at Dallas professors recently received a multimillion-dollar boost in its work to develop non-opioid alternatives to treat pain. Last week, CerSci Therapeutics closed a nearly $4 million Series A round…
Spotio, a mobile sales management platform for field sales teams raised $250k venture round
Spotio, a mobile sales management platform for field sales teams is based in Dallas. https://www.crunchbase.com/funding_round/spotio-series-unknown--c9c8b381
Live Nation has made a $2 million funding investment in Dallas-based Block Party Suites
One of the little reported on changes in how you enjoy sports and concert experiences has been the expansion of “pop-up experiences”. Gone are the days of just going to an event and having to pre-party or, at best, hang…
UT Dallas Seed Fund made its first two $25,000 awards – one to ShearShare, the other to Cosmunity
UT Dallas Seed Fund made its first two $25,000 awards – one to ShearShare, the other to Cosmunity. Both are apps, but that’s where the similarities end. Cosmunity is a platform specifically targeted to comics, cosplay, gaming and anime adherents.…
Carable Inc raised $1,000,000 in seed round
Carable is an asset light, partner centric P2P marketplace where people can buy and sell vehicles in full trust and transparency.The business of facilitates used car sales online through its own market place where private and business used vehicle sellers…
Fortress Security secures $2m in funding
Fortress Security, a full-service residential and commercial security system company based here, announced that it has secured funding worth up to $2 million, which will be used to expand the company, according to CEO Jerrod Smith. http://www.securitysystemsnews.com/article/fortress-security-secures-2m-funding
Zyston Completes $2.2m Capital Raise, Expands Team & Launches Cybersecurity Leadership Development Program
Zyston LLC, an information security solutions company, today announced it has raised $2.2 million of equity capital exclusively from existing investors and company management to fund accelerated growth of the business. Zyston previously raised $3.8 million of equity capital in…
Solovis Raises $8 million to Accelerate Growth
Solovis, a multi-asset class portfolio management, analytics and reporting platform for limited partners and asset allocators, today announced it has raised $8 million in a Series A round. The funding was led by Edison Partners, a leading growth equity capital…
Selery Fulfillment Gets $1M From Deep Space Ventures, Angels, Mark Cuban
A Dallas area startup is reaping the benefits of its local community, with Mark Cuban, Deep Space Ventures, and angel investors pouring $1 million of capital into the company. It’s the largest funding round yet for Farmers Branch-based Selery Fulfillment,…
Lantern Pharma Raises $3.7 M in Series A Financing
Today Lantern Pharma Inc. announced the closure of its Series A equity financing of $3.7 million for the biotech company and its clinical-stage cancer treatments. This Series A closing was led by Bios Partners, GPG Ventures and other private investors.…
Music Startup CommonEdits Gets $600K Seed Capital, Nears June Launch
CommonEdits, the Dallas startup that created a drag-along license that helps music artists get a cut of each download of their songs, is ready for its North American product launch in June. The launch is supported by $600,000 in seed…
With $89 million of new funding, Richardson’s cloud company Armor looks to expand globally
Chris Drake used to jump out of planes and call in artillery fires as a paratrooper for the U.S. Army. He's traded his tools of the trade and now fends off a different kind of enemy: cyberattacks that can take…
Officeprise.com raised $1,700,000 in Seed round
Officeprise is a hosted workspace-as-a-Service that stores all your company’s applications, available anywhere, through any desktop, laptop, tablet or phone. https://www.crunchbase.com/organization/officeprise-com
Mizzen+Main Receives Significant Investment from L Catterton’s Growth Fund
Mizzen+Main, an American-made menswear brand, announced today that it has received a significant growth investment from L Catterton, the largest consumer-focused private equity firm in the world. L Catterton's capital investment will be used to support Mizzen+Main's growth by expanding…
TrophyHunts.com receives $50k seed round
TrophyHunts.com was built by an entrepreneurial group of avid hunters and digital marketers who came together to solve the biggest problem that exists for hunters – the lack of a publicaly accessible, up-to-date, easy-to-use, comprehensive directory of hunting ranches, leases,…
Streetgreen raised $75,000 Seed Round
An incredibly powerful technology that creates a dynamic & trackable OOH advertising technology and channel called Trailerskirt Advertising https://www.crunchbase.com/organization/streetgreen-llc
Dallas Startup Disrupting Real Estate Lands $2.3M
Dallas-based Door is on a growth spurt. The real estate startup, which charges homeowners a flat rate of $5,000 rather than the standard 6 percent commission fee collected by other brokers, recently closed a $2.3 million funding round, according to…
McKinney based startup healthcare tech company Blockit, Inc., has raised $152,000 in seed funding
Startup healthcare tech company Blockit, Inc., has raised $152,000 in seed funding. The raise was structured in two rounds; $60,000 closed in late 2016 led by Co-Founders Jake McCarley and Mark Carver, MD, and a second round of $92,000 closed…
Peloton Therapeutics Completes $22.2 Million Private Financing
Peloton Therapeutics, Inc., a drug discovery and development company focused on advancing first-in-class, small molecule cancer therapies, announced today the exercise of an optional tranche of its previously-announced Series D financing round. With the exercise of this optional tranche, investors…
Music Audience Exchange (MAX) Secures $6M Investment
Music Audience Exchange (MAX) today announced it has secured $6 million in a funding round led by MATH Venture Partners and KDWC Ventures. G-Bar Ventures and Gregg Latterman, Founder and CEO of Aware Records, also contributed to the raise. …
Frisco-based Legalinc raise $2.5m in venture funding
Legalinc is a technology company that automates business services for attorneys, accountants, and small business service providers. https://www.crunchbase.com/organization/legal-inc
From couches to tuxedos, Addison startup Pickup delivers. Has raised about $3m in funding
They say necessity is the mother of invention. At least that was the case for Brenda Stoner. Stoner, a single mom and serial entrepreneur, came up with the idea for a pickup truck delivery company when she had to get…
Share Rocket Secures $5 Million in Series A Funding from Tribune Broadcasting, Fox Television Stations and Capitol Broadcasting
Share Rocket, the leader in social media ratings for broadcast media, has announced that it secured $5 million in a Series A round of funding led by Tribune Media, with Fox Television Stations and Capitol Broadcasting also investing. These leading…
Novartis buying Fort Worth eye-care startup Encore Vision for $465 million
Novartis, the Swiss pharmaceutical giant that owns Alcon, is buying Encore Vision, a Fort Worth startup that has developed a drug to treat presbyopia. Novartis said Tuesday that the acquisition would add a “first-in-class” treatment to its ophthalmology pipeline, “providing…
Traxo Lands $5.2M in Series B Funding, led by TripAdvisor
Dallas startup Traxo took off this week with a $5.2 million Series B funding round led by TripAdvisor. Traxo specializes in data aggregation and tracking passenger loyalty and behaviors. It lists German airline Lufthansa and other travel companies as its…
ES Xplore Receives $12 million in New Funding
ES Xplore, LLC, a unique company that has developed a proprietary method for direct hydrocarbon indication at seismic resolution, announced a $12 million funding round led by Dallas based investors Sovereign Resources LLC and Unity Hunt, Inc. With this funding,…
Addison based startup Brainspace bought as part of $2.8 billion deal
Addison-based Brainspace is set to join a new global cybersecurity company being formed by private equity firms Medina Capital and BC Partners, according to D CEO. The Brainspace acquisition is part of a $2.8 billion deal, which is expected to…
Catapult Health Raises $10 Million in Series B Funding
Catapult Health, a national preventive healthcare practice that brings technology-enabled checkups to worksites across the country, announced the completion of a $10M Series B financing which includes a significant investment by a new partner, UCHealth. Catapult Health's existing investors also…
Plano-based Masergy Communications sold to Berkshire Partners LLC for close to $1 billion
Chris MacFarland had his eyes set on one main target when he joined Plano-based Masergy Communications in 2008: Take the company from startup to an established, fast-growing business. After Masergy agreed to be acquired recently by Boston-based private equity firm…
Plano-based OpenKey Raises $8M in Series A Funding
An $8 million cash infusion will open more doors for Plano startup OpenKey as it speeds toward its goal of being in 16,500 hotel rooms by year’s end. The company developed a mobile app solution that allows hotel guests to…
Tech EdVentures Raises $675k Seed Round
Tech EdVentures, a Dallas-based company focused on providing STEM-based education to young learners in PK-8th grade, has announced that it has raised $675k in seed funding. The raise was structured as a convertible note and was syndicated by Tech Wildcatters,…
DocSynk Closes $1M Seed Funding from Naya Ventures
DocSynk, a Dallas, TX-based provider of a machine-learning platform for healthcare, closed $1m in seed funding. Naya Ventures made the investment. The company will use the continue to develop the technology and expand operations. Led by medical technology innovator Vaidyanatha…
Ranzure Networks Closes $13 Million Series A Funding
Ranzure Networks today announced that the company has completed a $13 million Series A funding. This round of investment was co-led by LiveOak Venture Partners and Mitel. Venu Shamapant, co-founder and General Partner of LiveOak Venture Partners, will join Ranzure’s…
Archeio Technologies, a Dallas-based startup, raises approximately $1 million of funding
Archeio Technologies unveils oil & gas software innovation after a year of product development, in which time the Dallas-based startup raised approximately $1 million of funding and inked contracts with leading energy companies. Using next-generation technologies like machine learning and…
Peloton Therapeutics Completes $52.4 Million Private Financing
Peloton Therapeutics, Inc., a drug discovery and development company focused on advancing first-in-class, small molecule cancer therapies, announced today the completion of a $52.4 million Series D financing round. The financing round included new investor Foresite Capital Management and participation…
Fort Worth Startup TransVix Secures $2M from Hunt Technology Ventures
Fort Worth financial technology startup TransVix LLC has received a $2 million vote of confidence from one of Dallas’ biggest investors for what is expected to be one of the first trading platforms for the transportation industry. https://www.dmagazine.com/business-economy/2016/09/fort-worth-startup-transvix-secures-2m-from-hunt-technology-ventures/
Dallas Technology Startup Sprinkl Gets $1.3m in Funding To Expand
Dallas IoT startup Sprinkl, a developer of connected irrigation and conservation technology raises $1.3M in cash and credit from investor Ian Woodward-Smith. Along with the raise, Woodward-Smith will be joining Sprinkl and spearheading business development and strategic partnerships. The cash…
Nepris Raises $1M in New Round of Seed Funding to Build More Connections Between Industry and Education
Nepris recently closed a seed round of funding totaling $1 million, led by the Michael & Susan Dell Foundation (MSDF). Nepris brings together educators and industry professionals in an easy-to-use online community to collaborate and connect through live online interactive…
Security-as-a-service startup StackPath nabs $180M
A mass migration of IT services to the cloud, coupled with a huge growth of connected devices, has created a perfect storm for security breaches with some 400 million malware attacks identified last year alone according to IDC. Now, a…
Xclaim Mobile Raises $450k, Brings Redemption to Ailing
Xclaim Mobile, Inc., a Dallas-based tech startup led by a former AT&T Marketing Executive, has closed on a $450,000 round of funding to accelerate the delivery of its promise of the right message, at the right time, at the right…
Plano based Alkami Technology Secures $2.7m in New Funding Round
Alkami provides next-generation online banking software solutions to financial institutions, ranging from in-house installations to software-as-a-service (SaaS) https://www.xconomy.com/texas/2016/07/13/alkami-technology-secures-2750008-new-funding-round/
Callbox Storage says it has raised $1.4m in equity financing
We are a nation of pack rats. One in every 10 American households rents self-storage space for extra stuff. But there are plenty of hassles in the typical extraspatial experience. You have to load up and haul your belongings to…
PediaQ Raises $4.5M for Expansion of On-Demand Healthcare Service
Dallas home healthcare startup PediaQ has raised $4.5 million in bridge round of funding that will help expand its footprint and the services within its mobile application. With the new funding, all of which came from Texas investors, the company…
Fixd Repair Secures Million Dollar Investment To Launch New Home Warranty Solution In Texas
Dallas, Texas based Fixd Repair (Fixd) is disrupting the $400 billion home service industry with technology that streamlines the service and helps consumers save time, money and frustration. Fixd, an innovative new home warranty solution and services provider, has secured…
Frisco health care software company Valify raises $2 million in funding
Valify, a Frisco health care software company, announced today that it has raised $2 million in Series A funding. Valify's software helps hospitals manage costs and find potential savings for purchased services, such as janitorial companies, laundry vendors and food…
Reata Pharmaceuticals Announces Pricing of Initial Public Offering
Reata Pharmaceuticals, Inc. (“Reata”), a clinical-stage biopharmaceutical company, today announced the pricing of its initial public offering of 5,500,000 shares of its Class A common stock at $11.00 per share, before underwriting discounts and commissions. Reata has granted the underwriters…
Dallas-Based Bone Solutions, Inc. Receives $1.7 million in Funding
Bone Solutions Inc. (BSI), a privately held orthobiologics technology company located in Dallas, TX, has officially closed its latest private placement memorandum of $1.5MM. The company surpassed its goal by achieving a funding round totaling more than $1.7MM. BSI also…
Dallas Menswear Startup Mizzen+Main Raises $3M
Dallas startup Mizzen+Main raised a $3 million Series B round of funding, adding more big name investors to its lineup. The round, announced Thursday, was led by Ben Nash, CEO of PCS Wireless; NFL star Thomas Morstead, who plays for…
Pieces Technologies Announces $21.6 Million Series A Funding
Pieces Technologies (Pieces Tech), an innovative start-up that deploys cutting edge technology to improve clinical and community health outcomes, officially launched with a $21.6 million Series A funding round. The Pieces™ software platform was incubated at the Parkland Center for…
Modo Payments Completes $2 Million Funding Round
Modo Payments, a Richardson-based payment services startup, just completed a $2 million raise intended to support expansion of its platform, the Dallas Business Journal reported. The Journal said that the bridge round was led by Tim Keith, CEO of Texas…
Motive Drilling Technologies Announces $10.5 Million Series A Funding with Formation 8 and GE Ventures
Motive Drilling Technologies, the rapidly growing drilling decision-automation company, today announced a $10.5 million Series A funding round led by California based investors Formation 8 and GE Ventures. Funding will be used to expand deployment of Motive Drilling Technologies’ directional…
Richardson’s EnTouch Controls raises $8M round of funding
Richardson-based EnTouch Controls has raised $8 million in a Series C round of funding as it expands its sales and marketing team. The company, which offers business facility asset and energy management intelligence, raised the round on the heels of…
RoboKind’s humanoid robot generates $500K, interest in first four months
RoboKind, a 5-year-old Dallas startup, recently turned heads in Santa Clara, California, after beating about 600 startups at a competition. The company, which developed a humanoid educational robot, won the North American Startup Contest hosted by Tsinghua Entrepreneur & Executive…
MVPindex Raises $7 Million Series A Round to Accelerate Growth of Social Media Index
MVPindex, Inc., the Social Media Index and Measurement Platform for Sports and Entertainment, today announced the close of a $7 million Series A investment round led by strategic investor groups in Dallas, New York, Los Angeles, and Chicago. MVPindex will…
Drugmaker AstraZeneca to buy ex-North Texas startup ZS Pharma for $2.7 billion
The global drugmaker AstraZeneca said Friday that it has a definitive agreement to buy the former North Texas startup ZS Pharma for $2.7 billion. The deal marks a stellar rise for the biopharmaceutical company, which got an early assist from…
Phynd Technologies, Inc. Raises $1.1m Series A Funding to Accelerate Growth
Phynd Technologies, Inc., a leading healthcare application service provider, announced it has secured $1.1M in Series A equity funding to accelerate the growth of its Unified Provider Management (UPM) Platform. The investment, which was oversubscribed, was led by Dallas Venture…
Rewardstyle raises $15 million at $290 million valuation
If you've ever clicked on a shopping link from a major magazine's website or a fashion-focused blog (including, full disclosure, this one), chances are it was an affiliate link powered by Rewardstyle. The company, founded by husband and wife team…
Connected-Car Startup Vinli Raises $6.5M From Samsung, Cox Automotive, And More
Vinli launched at TechCrunch Disrupt SF last September by promising to bring the car into the smartphone age. The company is making a small sensor that plugs into a vehicle’s OBD port and allow the driver to access a suite…
Mitel to buy Richardson’s Mavenir for $560m to expand into mobile services
Canadian telecom services provider Mitel Networks Corp said on Monday it would buy U.S.-based Mavenir Systems Inc for $560 million in a bid to expand its telephone services to the high-speed 4G LTE mobile market. https://www.reuters.com/article/mavenir-systems-ma-mitel-networks/update-2-canadas-mitel-to-buy-mavenir-to-expand-into-mobile-services-idUSL4N0W44KZ20150302
Dallas Home Decor Brand The Citizenry Acquired by Havenly
Dallas-based direct-to-consumer home décor brand, The Citizenry, which partners with artisans around the world, has been acquired by Havenly, an interior design service based in Denver. The Citizenry has made its mark by offering sustainable furniture and goods. The acquisition…
Dallas startup Bottle Rocket acquired by WPP
Bottle Rocket, a Dallas startup that specializes in customized mobile application development, has been acquired by London-based advertising and marketing company WPP, the company announced today. Bottle Rocket will remain a separate company under its current leadership, with Calvin Carter…
I.B.M. Buys SoftLayer, a Cloud Computing Firm for $2b
I.B.M. announced on Tuesday that it had agreed to buy SoftLayer Technologies, a cloud computing company, in an effort to strengthen I.B.M.’s position in the fast-growing market for computing sold to businesses as a service delivered over the Internet. As…
T-Mobile Seals Deal To Acquire MetroPCS
The parent company of T-Mobile USA agreed to buy MetroPCS on Wednesday, as the cellphone providers looked to compete with bigger rivals. Under the terms of the complex transaction, MetroPCS will conduct a 1-for-2 reverse stock split and pay out…
Google buys Plano-based Quickoffice
Google has acquired Quickoffice in Plano, Quickoffice CEO Alan Masarek wrote on the company's blog. Quickoffice delivers mobile office software and solutions. Its flagship software lets users view, edit and create Microsoft Word, Excel and PowerPoint documents on their mobile…
CA Technologies to Acquire Privately-held ITKO for $330 Million in Cash
CA Technologies today announced a definitive agreement to acquire privately-held Interactive TKO, Inc. (ITKO), a leading provider of service simulation solutions for developing applications in composite and cloud environments, for $330 million in an all-cash transaction. Business demand for rapid…
Zynga acquires “words with friends” developer NEWTOY
Zynga Inc. announced it has acquired Texas-based mobile game development company Newtoy, Inc., makers of the popular Games With Friends franchise that includes mobile games such as Words With Friends and Chess With Friends. The Newtoy headquarters in McKinney, Texas…
Woot’s Deal Of The Day: Woot! — Amazon Buys It. Price? $110 Million
Woot has been acquired by Amazon, as they briefly note on their blog today with a big “woot!” Well, okay, their exact words were “Holy crap!” This is a great deal for daily online bargin service as, similar to Zappos…
Xerox buys ACS for $6.4 billion
Xerox Corporation (NYSE: XRX) and Affiliated Computer Services, Inc. (NYSE: ACS) today announced a definitive agreement for Xerox to acquire ACS in a cash and stock transaction valued at $63.11 per share or $6.4 billion as of the closing price…
Dell to Acquire Perot Systems for $3.9 Billion
Dell and Perot Systems have entered a definitive agreement for Dell to acquire Perot Systems in a transaction valued at approximately $3.9 billion. Terms of the agreement were approved yesterday by the boards of directors of both companies. The acquisition…
id Software Bought By Bethesda Parent Company, ZeniMax for $105 million
Well, that was unexpected. id Software, the game studio behind Doom, Quake, Wolfenstein, and the upcoming Rage, has just been acquired by ZeniMax, parent company of Fallout 3 developer Bethesda Softworks. https://www.engadget.com/2009/06/24/bethesda-parent-company-buys-id-software/
HP acquires EDS for $13.9 billion
The Hewlett-Packard Company, the personal computer and printer maker, said Tuesday that it would acquire the Electronic Data Systems Corporation, the operator of corporate computer systems, for $13.9 billion. The price of $25 a share would represent a 32.5 percent…
Yahoo! buying broadcast.com for $5.7B
Yahoo! Inc. Thursday acquired Broadcast.com, the leading Internet audio and video broadcaster, for $5.7 billion in stock in one of the biggest mergers in cyberspace. Under the deal, Yahoo! is using its richly valued stock to pay an astounding sum…