Business

 

 

Dallas-Based Match Group Appoints Zillow Co-Founder as Its New CEO

by | Feb 5, 2025
Spencer Rascoff, who has served as a member of Match Group's board since March 2024, succeeds Bernard Kim, who's stepping down as CEO and as a member of the board.
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Plano Accounting Practice Software Firm Qount Raises $17M, Gets New CEO and CMO
by | Feb 5, 2025
Along with the addition of CEO Peter Miele and CMO Greg Pope—both former Thomson Reuters executives—the funding round will accelerate Qount’s growth and its investments in AI to continue automating practice management and service delivery workflows, the company said.
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Dallas’ Krista Software Closes Series A Follow‑On Funding Round
by | Feb 5, 2025
The creator of the AI-led intelligent automation platform Krista had announced a $15 million equity round in 2022 tied to its Series A. The new funding is slated for R&D, advancing Krista’s AI capabilities, and strengthening its market position globally, the company said.
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‘Launch’ Is Expanding to North Texas With Obstacle Courses, Laser Tag, Bowling, Airtrack Basketball, and More
by | Feb 5, 2025
Ready to get physical? National outdoor family entertainment franchise Launch Entertainment is making a foray into North Texas with locations in Arlington and Lewisville. The Arlington location will feature a Krave restaurant and bar to help satisfy play-fueled appetites.
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The Last Word: CNN on Why Chili’s Has Become So Hot, It’s ‘On Fire’

by | Feb 5, 2025
Dallas-based Brinker International saw its stock (NYSE: EAT) jump 16% last Wednesday. One big reason: Its Chili's Grill & Bar casual dining chain posted a Q4 sales jump of 31% for restaurants open at least a year. That marked the brand's third straight quarter of double-digit sales growth—with a 20% boost in foot traffic, not higher prices, contributed to the Q4 leap.
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Patented: USAA’s Detection Systems for Fake Voice Commands to Smart Devices and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 9 for patent activity out of 250 metros for the week of Dec. 31 with a total of 163 patents granted.
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Eyeing Ophthalmology in $850M Deal, Irving’s McKesson To Snag Controlling Interest in PRISM Vision Holdings
by | Feb 4, 2025
McKesson said it will acquire an 80% interest in the provider of general ophthalmology and retina management services. PRISM Vision physicians will continue to retain a 20% interest in their company.
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Globe Life To Relocate Its Headquarters and Retain 2,000 Jobs Within This North Texas City
by | Feb 4, 2025
With the relocation, Globe Life said it retains more than 2,000 jobs in McKinney and plans to continue growing its workforce over time to support its growing policyholder base.
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MoneyGram Appoints Former eBay Exec as Its Chief Technology Officer

by | Feb 4, 2025
Luke Tuttle, who's held roles at industry giants including Experian and Klarna, will lead MoneyGram's product development and technology, overseeing the likes of engineering, information security, and emerging technologies such as blockchain.
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Trez Capital Announces New Co‑CEO and More C‑Suite Moves
by | Feb 4, 2025
Fintech veteran John Maragliano joins current chief executive John D. Hutchinson in the co-CEO roles, the investment firm announced. Founded in 1997, Trez Capital offers private and institutional investors strategies to invest in a variety of opportunistic, fully secured mortgage investment funds, syndication offerings, and real estate joint-venture investments.
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India- and Dallas-Based SuperOps Raises $25M Series C, Enters IT Market
SuperOps—which opened its U.S. office in Dallas last May—said it intends to use the new funding to expand its AI research and development, scale its offerings for mid-market and enterprise MSPs, and further extend its global reach.
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rocket launch concept
The Last Word: On the Future of Aerospace in North Texas
Fort Worth has taken off like a rocket in population growth (it had the largest numeric population gain of any city in America in 2022). Now there's speculation that actual real-life rockets could be launched into space from near the Panther City, according to a 2025 Tarrant County Commercial Real Estate Forecast discussion between Corriente Advisors CEO Mark Hart and Robert Allen, president and CEO of the Fort Worth Economic Development Partnership.
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Topgolf Launches Experience Inspired by Marvel Studios’ ‘Captain America: Brave New World’

by | Jan 30, 2025
Topgolf said the limited-time experience is available at all Topgolf U.S. venues Feb. 1 through April 13. It's accompanied by a national in-venue sweepstakes and limited-time menu items.
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Dallas-Based Dalfen Industrial, Goldman Sachs Partnership Snaps Up 21 Properties for a Reported $293M
by | Jan 30, 2025
The companies have worked together in the logistics real estate sector since 2020, focusing on last-mile industrial properties and distribution centers. The newly acquired portfolio with strategic assets across Dallas, Las Vegas, Cincinnati, and Pennsylvania is 92% leased to 68 tenants, including prominent names such as Amazon, Red Bull, and Packaging Corporation of America.
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Fetal Care Center Dallas Tapped to Deploy First-in-U.S. Ultrasound Technology
by | Jan 30, 2025
The Dallas maternal-fetal medicine practice calls Samsung's Hera Z20—which uses advanced AI and other features to enhance diagnostic accuracy—a "pre-natal game changer for women's health."
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Dallas-Based DataBank Gets $250M Equity Investment from TJC, Announces $600M Secondary Share Sale
by | Jan 30, 2025
DataBank—a data center company providing edge colocation, interconnection, and managed services—said the new funding resulted from "excess investor interest" in its recent $2 billion primary equity round. Total debt and equity raised by DataBank in the past 18 months: nearly $5 billion.
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