Business

 

 

This Fort Worth Startup Is Bringing Free Large-Scale Buying Power to SMBs and Entrepreneurs

by | Apr 6, 2021
Founded in 2017, Legacy Purchasing Group wants to give collective buying power to the legions of small and medium businesses emerging from COVID. It’s a game-changer for its members, the company says. The savings can be reallocated to the core of the business.
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Tyler Technologies Makes Its Third Acquisition of 2021 With Cloud-Based Platform ReadySub
by | Apr 6, 2021
By adding the school scheduling solution to its organization, Tyler Technologies is bringing the platform to its 2,000 school district clients. The deal follows its previous acquisitions of NIC and DataSpec.
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Southern Dallas’ Redbird Mall Revitalization Brings Access, Talent, and Purchasing Power to the Area
After launching Reimagine Redbird, the revitalization project of a historic 1975 mall in Southern Dallas, five years ago, the area now boasts 1,000 living wage call center jobs with Chime Solutions, Class A apartments at the Palladium Redbird, and The DEC@Redbird.
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Plano-Based Alkami Plans IPO Launch at $2B Valuation
by | Apr 5, 2021
Alkami, under the ticker symbol ALKT, is looking to raise $141 million by selling 6 million shares of its common stock at an expected price of $22-25 per share.
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DFW Minority Supplier Development Council’s CEO Wants to Move Beyond Dialogue to Implement Real, Sustainable Change

by | Apr 5, 2021
Social injustice and racial wealth inequality are among the issues that continue to affect minority businesses. Here's how Margo Posey, president and CEO of the council, is bringing about action and leadership to improve outcomes—because this is "the new NOW."
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UTD Symposium Marks ‘Meteoric Growth’ in Bioengineering
by | Apr 5, 2021
UT Dallas' program brings "together innovative ideas with entrepreneurial spirit" among the student body and the faculty. In its first decade, the Department of Bioengineering has delivered novel innovations in med tech and digital health," says Dr. Shalini Prasad.
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Hunt Energy Network’s New Venture Will Put 50 Batteries Across Texas, Giving ERCOT a Portfolio of Energy Generation
by | Apr 1, 2021
Dallas-based HEN Infrastructure, newly launched by Hunt Energy Network and Manulife Investment Management, will supply ERCOT with some 500MWs of distributed energy across the state. It's timely, given the recent winter freeze, but the deal has been in the works for years. That's because Hunt Energy Network CEO Pat Wood and his team see batteries as the wave of the future—"and the future is coming a little faster than we thought."
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Won-Door was acquired by Overhead Door Corporation in 2021.
Dallas-based Overhead Door Corp. Buys Innovative Market Leader of Fire and Security Doors
by | Apr 1, 2021
Overhead Door Corporation, which invented the first "upward-acting door" in 1921 and the first electric garage door opener in 1925, is carrying on its long history of pioneering with the acquisition of Won-Door Corporation this week.
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PICKUP Closes $15M Series B to Accelerate Growth, Double Team Size

by | Mar 30, 2021
The funding will enable the Dallas-based logistics provider to expand its suite of tech-enabled, last-mile omnichannel delivery services, which includes the transport of small and heavier items.
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Southern Dallas Thrives Receives $750K Grant from PepsiCo Foundation To Help Women with Job Placement and Security
by | Mar 30, 2021
With the grant comes the launch of the Women’s Workforce Readiness Initiative. The project's goal is to provide holistic, sustainable support for women’s career success in high-growth industries. The initial plans include providing 550 women in Southern Dallas with support over the next three years.
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Dallas Invents: 134 Patents Granted for Week of March 16
by | Mar 29, 2021
Dallas-Fort Worth ranked No. 12 for patents out of 250 metros. Patents granted include: Illuma Labs' reduced computation of t-matrix training for speaker recognition, Super-Sparkly Safety Stuff's personal alarm, Utility Isolation Systems' floodwater isolation system, Accenture's cross-application identity and access management, AirWatch's management of grouped student devices with timed locks, Apple's 5G new radio beam refinement procedure, Bank of America's blockchain augmented IoT device-based system for dynamic supply chain tracking, BNSF's wireless slide fence system and method, Capital One's visual inspection support using extended reality, Global Tel*Link's mobile correctional facility robots, State Farm's mitigation implementing unmanned aerial vehicles (UAVS), Texas Instruments' touch screen, and Wells Fargo's resource system for settlement of estate assets.
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Full STEAM Ahead: Texas Middle School Girls Experience Virtual Innovate(her) Conference
by | Mar 29, 2021
The Capital One and UT Dallas event brings together young female students with the goal of inspiring them to pursue their interests in fields such as science, technology, engineering, arts, and math. This year, new activities also taught attendees how to create logos for their personal brand and prepare for future job interviews.
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DI People: Pillar Clinical Research, Dallas City Homes, Mohr Capital, and More Make Moves

by | Mar 26, 2021
In this weekly roundup of executive moves in North Texas, you'll also find news from Operation Kindness, Cooksey Communications, Munck Wilson Mandala, and StoneEagle F&I.
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Chase Opens Its First Texas Community Center Branch in Oak Cliff
by | Mar 25, 2021
“Dallas is a city that booms north of I-30. Unfortunately, if you live south of I-30 all too often you only hear rumors of that boom,” Dr. Michael Sorrell, president of Paul Quinn College, said during Thursday's opening. “JPMorgan Chase is actively being a bridge builder. It is a repairer of the breach.”

The community branch plans to help Black and Latinx consumers open bank accounts and start businesses as part of Chase's $30 billion commitment to advance racial equity and provide economic opportunities to underserved communities.
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$10M Dallas VC Fund for AI Companies Closes First Round of Funding
by | Mar 25, 2021
Sentiero Ventures is seeking out companies that sit at the "intersection of utility and capability." The VC invests in SaaS companies that use AI—process automation, cognitive insights, cognitive engagement, and data collection—to power their key solutions
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Sevis Systems Launches Trusted Caller ID on Its Hybrid Call Verification and Customer Engagement Platform
by | Mar 24, 2021
Trusted Caller ID helps an enterprise reach its target customers efficiently and protects its customers’ data from nefarious and fraudulent scammers.
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