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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: Governor Abbott on the Impact of the Dallas-Based Texas Stock Exchange
by | Oct 1, 2024
In June, TXSE Group announced plans to launch the Texas Stock Exchange (TXSE), focused on enabling U.S. and global companies to access U.S. equity capital markets via a “fully electronic, national securities exchange." In the months since, that's led to endless discussion of the impact of North Texas' "Y'All Street." It was capped by yesterday's announcement that the TXSE had raised over $135 million to date as it named members of TXSE's board—including former Texas Governor and former U.S. Energy Secretary Rick Perry; former SEC Commissioner Rick Roberts; and Alex Bussandri, the global head of strategy at Citadel Securities.
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Quad Merger: Carrollton’s Mercury Communication Services and 3 Other Companies Launch IT Procurement Firm
by | May 2, 2023
The new company, Carrollton-headquartered Procure IT, plans to bring together data-focused partner firms with its own proprietary platforms and provide a new type of technology advisor that offers concrete data insights to customers about the vendors they're sourcing.
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Bloomberg: Dallas-Based Major League Rugby Explores Raising $100M To Fuel Growth
by | Mar 8, 2023
Dallas-based Major League Rugby is looking to raise $100 million to fuel its growth, according to a Bloomberg report. Nic Benson, the league's CEO, "is working with an advisor" on the $100 million raise, Bloomberg added. The league has 12 teams in the U.S. and Canada, including the Dallas Jackals, who had their inaugural season in 2022 and play their home games in Arlington's Chowtaw Stadium, the former home of the Texas Rangers.
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