“When you peel back the onion, it always comes back to data.”
Ravi Raghu
President
Capital One Software
.…on Capital One’s enterprise software business selling commercial cloud tools to other organizations, via Forbes.
Capital One has long positioned itself as a technology company that does banking, not the other way around. But what’s lesser known—even inside tech circles—is that the company now has a growing enterprise software business selling commercial cloud tools to other organizations.
Its latest launch, Databolt, a patented tokenization solution built for the AI era, is being led by longtime Dallas-Fort Worth-based Ravi Raghu, president of Capital One Software.
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R E A D N E X T
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Vann's news: Impact Ventures "will be considered 1 of 74 [Community Development Venture Capital] firms in the U.S."—and the second in Texas—"providing more small businesses access to equity and equity-like capital, especially in times like today where interest rates are higher and traditional debt is considered to be expensive."
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The Capital One program — one of few mobility-focused accelerators in the country — empowers visionary founders to enhance their startup expertise, expand their networks, and attract investors. The latest cohort wrapped up with standout pitches and notable wins.
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In April, Bloomberg reported that Citation Capital aims to raise $850 million for its debut fund, which would be one of the largest-ever inaugural PE firm raises in Texas. Founded in 2023, the Dallas firm snagged a majority stake in "better for you" snack manufacturer Cibo Vita last October.
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Genesis Women’s Shelter and Support, On the Road Garage, and Capital One are working together to help women escaping abuse find valuable careers.
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Inferno's portfolio includes verticals in oil & gas, energy, solar, and the digital world. Now it's added a marketing agency founded in March by a 21-year-old Instagram influencer with 1.7 million followers.
