cybersecurity

Bank of Montreal Taps North Texas for its Newest Tech Hub

by | Jul 25, 2022
With 50,000 employees and $820 billion in assets, the Bank of Montreal plans to add 50 new employees to its 250-person DFW workforce. Placing its newest tech hub in North Texas is part of the bank's plan to make the U.S. a major focus of its business. BMO joins JPMorgan Chase, Bank of America, and PNC Bank in having a significant tech presence in the Dallas-Fort Worth region.
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Joshua Aaron
Aided by Grant Funding, a Fast-Growing Cybersecurity Startup is Relocating its HQ to McKinney
by | Jun 14, 2022
With a grant from the McKinney EDC added to its $2.9 million 2021 seed funding round, Aiden Technologies is moving to Serendipity Labs in McKinney's Craig Ranch Development. The startup has been on a tear since it launched its tech a little over a year ago. With offices in New York and California and $1 million in annual recurring revenue, it plans to grow its team and expand its market.
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Global Cybersecurity Firm Eyes ‘Rapid’ Growth from New Irving HQ
by | Jun 8, 2022
Taiwan’s TXOne Networks, which focuses on operational technology networks and devices, is opening an Americas HQ in the Urban Towers complex in Las Colinas. “We've assembled an experienced team with the unique expertise to help companies counter the cyberthreats that could paralyze day-to-day operations," its CEO says.
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Ascent Solutions To Launch a Global Cybersecurity Think Tank in Cypress Waters
by | Jun 6, 2022
Minneapolis-based startup Ascent Solutions recently announced it has chosen Cypress Waters in Coppell for its new 33,000-square-foot "cybersecurity epicenter." The center will house secure areas for cyber investigation, automation, and intelligence. But it will also feature a nationally scaled cyber apprenticeship program and serve as a think tank to drive thought leadership in the industry.

CEO JD Harris tells Dallas Innovates the center will be a place for "cyber professionals to gather to share important ideas, pilot critical technologies, and test many new security processes, systems, and workflows."
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Dallas Founder Raises $2.3M to Protect Companies From Their Biggest Cybersecurity Threat: Their Own Employees

by | Apr 20, 2022
Launched in 2019 by founder and CEO Tiffany Ricks, HacWare helps train employees to prevent themselves from being the target of an attack.

HacWare's technology integrates with a company's Google Workspace or Office 365 software, sending out simulated attacks to help the business understand the risks in its system—and which individual employees may be more likely to engage with a phishing attempt.
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Plano Cybersecurity Firm Raises $215M as Threat of Attacks Grows
by | Apr 12, 2022
Plano-based Critical Start—which says its mission is "delivering badass cybersecurity"—raised the $215 million strategic growth investment from Austin's Vista Equity Partners. The move comes as ransomware attacks increased 104% in North America last year, and as other Dallas-area cybersecurity firms have been recent targets of $525M to $1B acquisitions and investments.
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Richardson-Based Digital Transformation Firm Aims to Hire Thousands Globally
by | Apr 11, 2022
InfoVision says it plans to hire 2,000 additional employees in India by next year, in addition to opening a 300-person development center in Guadalajara, Mexico. "We believe that our investments in digital will help clients accelerate innovation and reimagine their businesses," Co-Founder and President Sean Yalamanchi said, citing the need to be "future proof at the convergence of technologies."
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Dallas Cybersecurity Company Acquired by Former U.S. Secretary of Treasury-Owned Firm in a $525M Deal
by | Mar 29, 2022
Dallas-based Zimperium, a mobile security platform, is set to be acquired by Washington, D.C.’s Liberty Strategic Capital, a firm led by former Goldman Sachs CIO and Trump Administration appointee Steve Mnuchin.
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DI People: Techstars, Critical Start, VolunteerNow, Corganics, and More Make Moves

In this week's roundup of hires, promotions, and accolades in North Texas, you'll also find news from the Richardson Chamber, PICKUP, BPS Technology, the Frontiers of Flight Museum, UNT Health Science Center at Fort Worth, and Giving DNA. Plus, Governor Abbott appoints three North Texans to the Governor's Commission for Women.
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Partha Panda Cysiv CEO and Co-founder
Irving-Based Cysiv Sees Record Growth as Demand Rises for SOC-as-a-Service
by | Feb 23, 2022
The spinout from Trend Micro has grown fast since its launch within that company in 2018. In 2021, the Security Operations Center (SOC)-as-a-Service startup doubled its client base with global revenue up more than 100%. Cysiv also won Tech titans' 2021 Fast Tech Award with 1,848% three-year revenue growth. Its CEO and co-founder, Partha Panda, tells us how Cysiv helps clients detect and respond to the "needle-in-a-haystack true threats" they worry about most.
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Addison Cybersecurity Company Raises $1 Billion to fuel ‘Hypergrowth Trajectory’
by | Feb 15, 2022
Addison-based cybersecurity company Securonix has landed more than $1 billion in a growth investment deal led by Austin investment firm Vista Equity Partners. "We solve a very tough problem that requires excellence across multiple domains, including product engineering, threat detection/hunting, data science, and operations," its CEO says.
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Los Angeles-based Law Firm Opens First Texas Outpost in Dallas
by | Jan 11, 2022
The Dallas office, which plants a flag for Michelman & Robinson in Texas, will house the firm's intellectual property, data privacy, and cybersecurity practices.
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Plano-Based Tentacle Launches Tech Platform To ‘Transform the Information Security Space’

by | Sep 30, 2021
With more than 2,200 daily cyberattacks worldwide—at an average $200K per successful attack—organizations are racing to increase their information security. Tentacle says its configurable data management tool can help organizations modernize and optimize their security programs "with far greater efficiency and effectiveness."
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Dallas-Based BreachQuest Emerges From Stealth With $4.4M in Seed Funding From the Founders of Tinder and Other Leading Investors
by | Aug 25, 2021
The newly launched cybersecurity firm is taking a re-engineered approach to incident response and recovery. With big-name backers, BreachQuest is developing a proprietary platform to solve security issues quicker and at a lower cost.
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Dallas-Based Aiden Technologies Raises $2.9M in Seed Funding To Grow Its AI Cybersecurity Solution
by | Jun 8, 2021
Aiden's proprietary tech is "addressing the most fundamental IT security challenge of the modern enterprise," says America's first czar of cybersecurity Richard Clarke, who invested alongside other cybersecurity luminaries. Led by Right Side Capital Management, the funding for Aiden kicked off the VC firm's newest (and largest) fund to date.
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Symposium Highlights North Texas’ Black Tech Talent, Potential
by | May 11, 2021
Nonprofit BUiLT is hosting the event to highlight the success and possibilities of Black tech talent in the region. “There is no talent pipeline problem,” says Peter Beasley, co-founder of the Blacks United in Leading Technology International. “Black tech talent is widely available, especially in North Texas.”
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