Business

 

 

From left: Co-founder and CEO Mike Fey and co-founder and chief technology officer Dan Amiga. [Image: Islands]

Dallas-Based Island Valued at $4.5B Following Latest Funding Round

by | Feb 12, 2025
New funding led by New York-based Coatue Management has turned Island—a pioneering category leader in cyber-secure enterprise browsers—into a quadruple unicorn. The move comes just three years after Island emerged from stealth with a game-changing browser, over 100 employees, and nearly $100 million in funding.
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The Last Word: How Advanced Therapies Week 2025 Positioned Dallas as a Life Sciences Leader
by | Feb 12, 2025
Advanced Therapies Week 2025—a conference focused on the latest innovations in cell and gene therapies, regenerative medicine, and other biotechnologies—attracted industry leaders, researchers, and visionaries to Dallas' Kay Bailey Hutchison Convention Center in late January. Organized by London-based Phacilitate, the 4-day conference acted as a "collaborative hub" showcasing the intersection of cutting-edge science, transformative healthcare solutions, and dynamic regional collaboration.
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Patented: American Airlines’ Virtual Measurement System for Baggage Management and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 10 for patent activity out of 250 metros for the week of Jan. 7 with a total of 156 patents granted.
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Dallas’ Trinity Hunt Partners Embraces Digital CX Services via Majority Stakes in Two Companies
by | Feb 12, 2025
“We have been working to build a platform at the intersection of technology and marketing services in this growing and highly fragmented industry for several years,” Trinity Hunt Partner George Morgan says.
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Tech Titans Names Qorvo Exec as Board Chair, Announces New Board Members

by | Feb 11, 2025
Marvin Harris Jr. was a foundry engineer for TriQuint Semiconductor for 17 years until it merged with Qorvo, where he has served for nearly nine years.
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Southwest Airlines Names Former Breeze Airways President as EVP and CFO
by | Feb 11, 2025
Most recently, Tom Doxey was president of Breeze Airways, where he led the airline through a successful transformation from a startup to profitability in under two years, Southwest said.
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DART Announces ‘DART Transform’ Modernization Program Including New Trains, Buses
by | Feb 11, 2025
DART's modernization program will focus on five core elements: vehicles, stations and passenger facilities, resiliency, a unified signaling system, and operating facilities.
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Lyft Is Launching a Robotaxi Service in Dallas
by | Feb 11, 2025
GM's Cruise robotaxis have come and gone from Dallas streets without a commercial rollout here. Uber is planning a robotaxi service in Dallas later in 2025. Now Lyft has announced its own robotaxi launch in Dallas "as soon as 2026"—via a partnership with companies in Japan and Israel.
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Dallas’ Building Controls & Solutions Acquired by Platte River Equity

by | Feb 9, 2025

Dallas-based distribution company Building Controls & Solutions has been acquired by Platte River Equity, a Denver private equity firm. The seller was Fort Worth-based LKCM Headwaters Investments, which founded BCS in 2019.

Terms of the deal weren’t disclosed.

Platte River makes control investments in North American industrial companies.

BCS, which has 24 branches across the United States and Canada, is a value-added distributor of building controls, automation, gas detection, and energy management solutions for commercial buildings....

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Aligned Data Centers Announces 4 Key Leadership Moves
by | Feb 6, 2025
Plano-based Aligned is a leading technology infrastructure company offering innovative, sustainable and adaptive scale data centers and build-to-scale solutions for global hyperscale and enterprise customers.
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Dallas InsurTech Platform Bestow Hires Chief Product Officer, 2 New VP’s
by | Feb 6, 2025
Bestow said its hiring of CPO David Malenoir-Evans and VPs Doug Brewster and Pete Schiller reinforces its ability to "unlock digital transformation and growth across the life insurance industry."
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Dallas Hospitality Tech Co. Enseo Promotes Its CFO to CEO Post
by | Feb 6, 2025
Enseo—a leader in guestroom hotel TV and entertainment, managed Wi-Fi, smart room controls, and employee safety devices—said Brian Gurley will guide its vision and strategic direction as the company executes its multi-faceted growth strategy.
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McKinney’s Selerix Acquires Plano-Based TBX, Creating an ‘All-in-One’ Benefits Administration Platform

by | Feb 6, 2025
Selerix said the addition of The Benefits eXpert will enable it to create a cutting-edge, all-in-one SaaS benefits platform to help employees learn more about their benefits and drive deeper engagement for employers.
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Fort Worth’s Rainwater Charitable Foundation Awards $600K to 2 Neurodegenerative Disease Researchers
by | Feb 6, 2025
The foundation's annual Rainwater Prizes honor researchers worldwide who are advancing discoveries for diseases caused by tau protein accumulations in the brain. This year's winners include a professor at the University of Gothenburg in Sweden and an Early-Career Scientist honoree at Brown University.
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UNTHSC Announces Former UT Tyler President as Its Interim President
by | Feb 5, 2025
Dr. Kirk Calhoun was named interim president following the resignation in January of UNTHSC President Sylvia Trent-Adams.
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Sunwest CEO Becomes President of Texas Lyceum, Launches Campaign to Return ‘Civility’ to Politics
by | Feb 5, 2025
Crayton Webb, the 2025 president of The Texas Lyceum—the state’s premier nonprofit, non-partisan, statewide leadership organization—called on all elected officials at the local, state, and federal levels "to adopt core values and principles which have stood the test of time."
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