Illustration: pixelfusion3d via iStock
The numbers have been tallied and Dallas-Fort Worth area startups received more than $274 million in funding during the third quarter, according to The Dallas Morning News.
StackPath and Peloton Therapeutics garnered the largest investments accounting for $232.4 million of the area’s overall total.
The third quarter brought the most investment dollars yet this year for area startups and the venture capital total for 2016 so far has already surpassed 2015, according to The News.
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Five local winners received up to $200,000 in funding to activate their solutions throughout North Texas.
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Evolon Technology develops proprietary tech that turns surveillance video into real-time actionable information. CEO Kevin Stadler says market and tech trends are "creating a perfect storm" for the fast adoption of innovative security systems to protect an organization's critical assets and infrastructure.
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