Dallas

CBRE Report: DFW Leads the U.S. in Multifamily Real Estate Investments

by | May 13, 2022
A new report from Dallas-based CRE services and investment firm CBRE shows that DFW was No. 1 in the U.S. in multifamily investments over the last four quarters. Nationwide, Q1 2022 saw the strongest multifamily absorption since 2000. And Texas is leading the U.S. in multifamily completions, as rent growth continues to gain momentum. “The rise in demand has been fueled by household formation, job and wage growth, and sharply rising home prices,” the report said.
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With $4M in Funding, Dallas Startup Aims to Streamline the Hiring Process
by | May 11, 2022
Dallas-based software startup HireLogic aims to improve the job interview process with its AI- and machine learning-powered platform, designed to help automate the screening process. Its CEO says he wants to help companies "gain insights from interview data to make faster, better hiring decisions."
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Annie Bogue, COO and head of sales and marketing at Fujitsu Network Communications, and Gustavo Mario de la Garza Flores, CEO of Vivaro. [Photos: LinkedIn]
Fujitsu Boosts U.S.-Mexico Bandwidth with New Dallas-Focused Network Deployment
by | May 9, 2022
Fujitsu’s Richardson-based network communications business is deploying its optical fiber multiplexing technology to increase the bandwidth for Vívaro Telecom’s newest network that plans to operate between Dallas and McAllen, Texas.

The move comes a month after Shingo Mizuno relocated from Japan to North Texas to serve as the president and CEO of Fujitsu's networks communications unit.
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Firm Bringing Major Retail Brands to Dallas Is Acquired by Public Company
by | May 4, 2022
Dallas-based Open Realty—a retail-focused real estate investment firm that's helped companies like Apple, Warby Parker, and Bonobos bring brick-and-mortar stores to North Texas—has been acquired by New York-based Newmark Group. Open Realty will now join Newmark's retail services business, joining the public company's global team of more than 6,300 worldwide.
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Australian Startup’s CEO Moves to Dallas to Lead Eight Global Offices

by | Apr 18, 2022
Willow, an Australian company creating "digital twins" of real-world smart infrastructure and real estate assets, announced that its Sydney-based co-founder and global CEO, Joshua Ridley, is relocating to North Texas to lead the company from Dallas.

“Texas is increasingly becoming a powerhouse for technology and innovation, with Dallas being of particular importance,” the company said.
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Outsourcing Company Grows its Global Presence from New Dallas HQ
by | Mar 22, 2022
SupportNinja, a business process outsourcing company that moved its HQ from Austin to Dallas' Deep Ellum late last year, has acquired Delaware-based Bolton Remote, a workforce solutions firm.

Now with around 3,000 employees and an expanded global presence in Ireland, Singapore, and the Philippines, the company's enhanced its ability to offer clients "on-demand service anytime, anywhere, from around the world."
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Dallas Startup Studio Launches Latest Company With Plans to Form Multiple Impact-Focused Ventures Annually
by | Mar 21, 2022
Dallas-based Novel Ventures announced the launch of Myte, a “one-stop donation platform” connecting nonprofits across the country with donors. Novel plans to launch two or three impact-focused startups annually, managing director Blake Harvey told Dallas Innovates.
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Dallas-based Fashion Tech App Launches to Connect Brands, Consumers Via Digital Content
by | Mar 15, 2022
Orma, a new app from Dallas-based fashion tech platform MakersValley, lets businesses bring the kind of content found on a social media feed or online shopping experience into brick-and-mortar retail. We talked with the team about helping both luxury Italian brands and smaller U.S. brands to connect with their customers, as they gear up for growth and a $1 million seed funding round.
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‘A Healthy Eating Ecosystem’: Dallas Startup Aims to Help People Stay Healthy While Eating Out and In

by | Mar 9, 2022
The personalized meal planning startup, bitewell, is launching soon in Dallas with an app that offers "menu transparency" on around 600 local restaurants to help users find meals that meet their needs. It also offers a wide range of recipes for making personalized meals at home.

“Our mission as a business is to make healthy eating simple and accessible for all,” says co-founder and CMO Samantha Citro Alexander. Next up: Chicago, and then the world, the team says.
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Building on a ‘Crypto Mining Gold Rush’: Dallas’ Blockmetrix Raises $43M Series B
by | Mar 8, 2022
With $50 million in total funding since launching just last year, Blockmetrix plans to purchase more than 5,000 bitcoin mining rigs, adding to more than 1,000 it currently operates—mostly in Oklahoma.

But the startup aims to go beyond mining bitcoin to research and develop crypto revenue sources, loan bitcoin, set up a cryptocurrency exchange, and more.
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Alto Expands Service to Silicon Valley as It Builds a New Dallas HQ and Aims to Go All‑Electric
by | Mar 8, 2022
Dallas-based ridesharing company Alto is entering its sixth market, after launching in Dallas and expanding to Houston, L.A., Miami, and Washington, D.C. With $60 million in funding since its 2018 launch, CEO Will Coleman talks about building a new HQ in the Dallas Design District, aiming to be in 25 metros over the next few years, and planning to be 100% electric by end of 2023.
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Follow the Money: Blue Star Invests in Payments Unicorn, Ryan Scoops Up Property Tax Firm in All-Local Deal, and TPG Co-Leads $160M Investment in Video Game Developer
by | Mar 8, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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With New $300M Joint Venture, Dallas Single-Family Rental Giant Eyes High-End Homes

by | Mar 7, 2022
Dallas-based Invitation Homes is teaming up with Boston property investment firm Rockpoint Group to buy and renovate expensive single-family homes for rental. Their plan: targeting homes in “premium neighborhoods" across the U.S. to serve "renters by choice." With expected debt, the total venture commitment is $750 million.
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Dallas Sports Analytics Startup Raises $3.5M to Predict the Next Play in the Game
by | Mar 3, 2022
Dallas-based nVenue, a real-time B2B sports prediction platform, breaks games down into thousands of "micro bet" moments—with a single baseball game offering 15,000 "betting opportunities." After providing its live tech feed during NBC MLB broadcasts last season, it's now widening its focus to the NFL, the NBA, and other sports—and looking to scale its offering.
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Real Estate Tech Startup Nada Relocates Dallas HQ as it Looks to Quadruple Headcount
by | Mar 1, 2022
The startup's new digs in Oak Lawn will give it room to grow its workforce from 15 to around 50 by end of year. Enabling people to invest in single-family rental homes and fractionally invest in owner-occupied homes, Nada has attracted over $2 million from investors into its Cityfunds in Dallas, Austin, and Miami. Now it's expanding to Houston and other cities, launching a debit card, and expecting new funding soon.
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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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