Redwood Software leaders, L to R: CEO Kevin Greene, CFO and COO Ashish Joshi, and Chief AI & Innovation Officer Abhijit Kakhandiki. [Photos: Redwood Software]
While terms of the deal were not disclosed, Reuters reported in August that Turn/River Capital was exploring a sale of Frisco-based Redwood—a global provider of automation fabric solutions—to other private equity firms in a deal that would value Redwood at $2.5 billion, including debt. The company serves more than 7,500 customers globally, including 28% of the Fortune 500 and 40% of the Fortune 50.
Dallas-based Cypress Growth Capital is defying norms in the funding landscape. Not your traditional venture capitalist, this trailblazing firm hit a landmark with its 50th portfolio investment—and fourth major play this year—a $4 million stake in medical records disruptor, ChartSquad. Managing Director Vik Thapar peels back the curtain on the firm's unique model, which fosters rapid growth without diluting entrepreneurial control.
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.
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.
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.
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....
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 European Wax Center Inc. announced that Thomas “Tom” Kim has been appointed chief financial officer, effective April 7, succeeding Stacie Shirley, who will leave the CFO role when Kim joins the company....
Veteran IT executive Gertrude Van Horn has joined Plano-based go-to-market AI-native analytics platform Cien.ai as senior vice president of information systems.
The company said her appointment coincides with Cien.ai’s new Data Governance Capabilities that allow clients to expertly control data management and protection....
David King, chairman and prior CEO of Dallas-based Primoris Services Corp., has been named interim president and chief executive officer of the company, succeeding Tom McCormick, who is leaving Primoris, effective March 20....
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....
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 European Wax Center Inc. announced that Thomas “Tom” Kim has been appointed chief financial officer, effective April 7, succeeding Stacie Shirley, who will leave the CFO role when Kim joins the company....
Veteran IT executive Gertrude Van Horn has joined Plano-based go-to-market AI-native analytics platform Cien.ai as senior vice president of information systems.
The company said her appointment coincides with Cien.ai’s new Data Governance Capabilities that allow clients to expertly control data management and protection....
David King, chairman and prior CEO of Dallas-based Primoris Services Corp., has been named interim president and chief executive officer of the company, succeeding Tom McCormick, who is leaving Primoris, effective March 20....
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