With 95 patents issued or pending on its tech, Fort Worth's Linear Labs wants to bring manufacturing back to the U.S., seeing the electrification supply chain as a "national security strategic imperative."
Brad Hunstable launched Linear Labs in 2014 after incubating in the TechFW program. This year his company aims to produce 20,000 electric motors and intelligent drive systems—with twice the torque and half the size and weight of competitors.
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.
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.
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.
OpenText is integrating Zix with products from two previous acquisitions to create a "powerhouse SMB platform for data protection, threat management, email security, and compliance solutions."
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."
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.
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.
Capital One Ventures has made one of its largest-ever cybersecurity investments in order to accelerate innovation in cloud-native security analytics by partnering with Securonix.
Dallas-based Jacobs, which just released its fiscal fourth quarter and fiscal year ended financial results, will strengthen its cyber artificial intelligence capabilities by acquiring The Buffalo Group. Jacobs generated $807 million in fiscal 2020 cash flow from operations and $689 million of free cash flow.
The 37-year-old company is strengthening its growth initiatives at its home base in Richardson after recently being approved for an uplisting to the Nasdaq and completing its follow-on public offering.
The president and CEO of the Irving Economic Development Partnership also sees growth potential in healthcare, technology, cybersecurity, and e-commerce— along with the accompanying warehouse and distribution facilities they require.
Inquiries by economic development agencies "are up by a significant multiple over this period last year," says commercial real estate veteran Joel Pustmueller in a Q&A.
While business has slowed down for many during the pandemic, RealCom Solutions has seen a broad increase in demand for all of its services, especially remote communication tools, says Charlie Bogart.
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
More than two years since generative AI exploded onto the radar of business leaders, the technology continues to mature. In 2025, AI is capable of driving real results across the enterprise....
The University of Texas at Dallas (UT Dallas) is increasingly recognized as a leading hub of innovative research and technological advancement. Among its most significant contributors is Dr. Walter Voit, whose work has been pivotal in several transformative fields, including flexible electronics, neuroscience, 3D printing, and artificial intelligence (AI)....
Plano-based on-demand pay provider Tapcheck has raised $225 million in combined equity and debt financing, the company announced.
The funding includes a $25 million Series A extension round led by existing investor PeakSpan Capital and a $200 million credit facility provided by Victory Park Capital, Tapcheck said....
With funding from Wells Fargo, the Dallas-based T.D. Jakes Foundation announced more than $9 million in grants to 13 organizations across the U.S., marking the next phase of a transformative 10-year, up to $1 billion collaboration aimed at empowering communities and driving lasting change....
Twenty-eight-year company veteran and current COO Joseph E. Creed will succeed D. James Umpleby III as CEO of Irving-based Caterpillar Inc. and will join the company’s board of directors, effective May 1....
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
More than two years since generative AI exploded onto the radar of business leaders, the technology continues to mature. In 2025, AI is capable of driving real results across the enterprise....
The University of Texas at Dallas (UT Dallas) is increasingly recognized as a leading hub of innovative research and technological advancement. Among its most significant contributors is Dr. Walter Voit, whose work has been pivotal in several transformative fields, including flexible electronics, neuroscience, 3D printing, and artificial intelligence (AI)....
Plano-based on-demand pay provider Tapcheck has raised $225 million in combined equity and debt financing, the company announced.
The funding includes a $25 million Series A extension round led by existing investor PeakSpan Capital and a $200 million credit facility provided by Victory Park Capital, Tapcheck said....
With funding from Wells Fargo, the Dallas-based T.D. Jakes Foundation announced more than $9 million in grants to 13 organizations across the U.S., marking the next phase of a transformative 10-year, up to $1 billion collaboration aimed at empowering communities and driving lasting change....
Twenty-eight-year company veteran and current COO Joseph E. Creed will succeed D. James Umpleby III as CEO of Irving-based Caterpillar Inc. and will join the company’s board of directors, effective May 1....
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