Business

 

 

Dallas-Based Smile Doctors Raises Over $550M for Strategic Growth

by | Jul 19, 2023
Smile Doctors, which calls itself the largest and fastest-growing orthodontic support organization in the U.S., said the raise was funded by doctors along with several large domestic and international healthcare investors.
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TPG To Acquire Healthcare IT Platform Nextech for $1.4B
by | Jul 19, 2023
“Our investment in Nextech builds on our thematic focus on healthcare IT solutions that enhance provider productivity and enable high-quality patient care across settings,” TPG’s Katherine Wood and Art Heidrich said in a co-statement.
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Launched: Gestalt Tech Ignites ‘AWS Moment’ in Financial Data Warehousing for Lenders
by | Jul 19, 2023
"Built by lenders for lenders," Gestalt Tech's industry veterans aim to give lenders an "out of the box" data solution built to deliver decision-ready information and insights.
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Chakri Gottemukkala, co-founder and CEO, o9 Solutions, Inc. [Photo: Business Wire]
Dallas’ o9 Solutions Raises $116M in Latest Funding Round for a $3.7B Valuation
by | Jul 19, 2023
The new round was led by General Atlantic’s BeyondNetZero with existing investors KKR and Generation Investment Management also participating. As o9 leverages AI to help create "more sustainable supply chains," it also announced a new board member.
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Dallas Invents: 89 Patents Granted for Week of July 11

Dallas-Fort Worth ranked No. 10 for patents out of 250 metros. Patents granted include: Bank of America's banking as a service enabled virtual exchange computing platform, DocuSign's blockchain-based network transitioned by a legal contract, Dstillery's AI or ML models trained to predict user actions based on an embedding of network locations, Intellective AI's mapper component for a neuro-linguistic behavior recognition system, Minor IP's underwater wings for providing lift to boats, Acclarent's method of treating a deviated nasal septum and more, Adaptive 3D Technologies and UT Systems' sealed isocyanates resin composite, and Furka's bow tie fidget device.
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UT Dallas and SF-Based Simplilearn to Launch Cloud-Computing Bootcamp for Digital Workforce
by | Jul 18, 2023
The collaboration between UT Dallas and Simplilearn will introduce a 24-week online training program in cloud computing. Aiming to address a growing demand for skilled tech professionals, the virtual bootcamp requires no prior professional experience.
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Japanese Retail Giant Daiso Expands in North Texas With New Distribution Hub in DeSoto, Plans for Dallas Store
by | Jul 18, 2023
The company, which has eight retail locations in DFW—says its second U.S. distribution center, established in DeSoto in collaboration with Flexe and JT Logistics, will begin operating in July. It's expected to be a pivotal hub for the company's expanding network.
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Plano-Based CYPHER Learning Launches AI-Powered ‘Copilot’ for Teachers, Instructors
by | Jul 18, 2023
CYPHER Learning was founded by Graham Glass, a former senior lecturer at UT Dallas who grew frustrated at the amount of time it took to create courses and longed to spend more time teaching. CYPHER Copilot aims to change that by helping teachers create engaging, gamified courses and assessments more quickly.
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Texas Establishes Landmark Artificial Intelligence Advisory Council

by | Jul 18, 2023
The new seven-member council will help "cement Texas’ position as a national leader in innovative technology," said Governor Abbott, who signed the bill creating the committee last month.
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Study: 22% of Dallas Home Listings are $1M-Plus, Ranking City No. 12 in U.S.
by | Jul 18, 2023
If you look at Dallas home prices anytime soon, expect to see a lot of zeros. According to a new study by Point2 News, 22% of Dallas home listings are priced above the $1 million mark. So who topped the list nationwide—and where did Fort Worth, Austin, and Houston show up in the study? Find out here.
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Addison’s Mohr Partners Expands to India with Corporate Outsourcing Business
by | Jul 18, 2023
Mohr Partners says it will now internalize its back-office people and processes by hiring employees directly to work in the Indian cities of Mumbai, New Delhi, Chennai, and Coimbatore. The expansion will better support Mohr's rapidly growing global lease services functions, the company said—without affecting its U.S.-based team that works in the space.
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McKinney’s StatLab Medical Products To Launch New Manufacturing Facility in Arlington
by | Jul 17, 2023

StatLab Medical Products, a McKinney-based developer and manufacturer of medical diagnostic supplies, is launching a new manufacturing facility in Arlington after acquiring two UK-based histology consumables and diagnostic equipment companies in 2021 and 2022.

Injection molding operations at the new 35,000-square-foot Arlington facility will give laboratories the confidence of additional U.S.-produced...

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Leap Event Technology Acquires Canada’s Epic Photo Ops

by | Jul 17, 2023
With its new Dallas headquarters, fresh identity, and a mission to amplify "fan insights," Leap is set to integrate Epic's invaluable "experiential e-commerce data" into its comprehensive range of solutions.
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Cheetos Launches ‘World’s First Fingertip Sponsorship,’ Rolls Out Uplift Scholarships
by | Jul 17, 2023
Cheetos is celebrating Hispanic culture with Deja tu Huella, its ongoing campaign inspired by the rally cry that translates to "leave your mark." Plano-based Frito-Lay said that to begin the program's fourth iteration, Cheetos is launching the world's first fingertip sponsorship with celebrity singer-actress Becky G.
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The Last Word: Dallas AI’s Aamer Charania on the Promise—and Perils—of Artificial Intelligence
by | Jul 17, 2023
Sunday was national AI Appreciation Day, so to mark it, the Dallas Regional Chamber did a Q&A with Charania and Babar Bhatti, co-founder and EVP of DallasAI, a nonprofit forum to accelerate learning and adoption of artificial intelligence.
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RingCentral Settles Into New Addison Office
by | Jul 17, 2023
The California-based provider of AI-powered global enterprise cloud communications has opened an office with over 35,000 square feet at 14675 Dallas Parkway in Addison. How Texan is it? Besides the Texas maps and cowboy hat-wearing longhorn steers painted on the walls, their copy machines are even named "Ribs" and "Brisket."
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