![]() Taking The Pulse Of The Texas Technology Industry |
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![]() Thursday, July 2, 2009 Allegro Adds Director Dallas-based Allegro, a developer of energy trading and risk management software, said late Wednesday that it has appointed Patrich Simpkins to the firm's board of directors. Allegro, which is venture backed by North Bridge Venture Partners and Tudor Ventures, said that Simplins is curently managing partner at banking advisory firm GPS Capital Partners out of Dallas. Simplkins has also served at SensorLogic, TXU Energy, and Duke Energy. posted on Thursday, July 2, 2009(Full story) Tyler Technologies Adds Five California Customers Dallas-based Tyler Technologies, a provider of software for the public sector, said Thursday that it has added five new California customers of its INCODE financial operations software. According to the firm, the Mojave Water Agency in San Bernardino County; Valley County Water District in Los Angeles County; North Coast County Water District in Pacificia; the City of Escalon in San Joaquin County; and the City of Albany in Alameda County have all adopted its product. Financial impact of (More info...) posted on Thursday, July 2, 2009(Full story) HomeAway Names New European Head Austin-based HomeAway, which operates a network of vacation rental websites, said today that it has named Petra Friedmann as President of HomeAway Europe. The firm said that Friedmann replaces Alexis de Belloy, who will transfer to a similar position overseeing HomeAway brands in the U.S. Friedmann is a veteral of the travel agency, and was most recently at Opodo, an online travel agency. She has also served at QXL, Mosaic travel, and Marmara. Friedmann will be based in Paris. HomeAway is (More info...) posted on Thursday, July 2, 2009(Full story) Venture Exits At Six Year Low Texas was one of the few bright spots in the M&A and IPO exit market so far this year, according to a report released yesterday on the liquidity market for venture-backed firms. According to the report, released yesterday by Dow Jones VentureSource, Texas saw the largest--and one of the few--IPOs in the market so far this year, with the $113M IPO of Austin-based SolarWinds in May. However, the overall market looks to be one of the worst ever for exits of venture-capital backed firms. The Dow Jon (More info...) posted on Thursday, July 2, 2009(Full story) Sipera Systems Claims Education Wins Richardson-based Sipera Systems, a developer of security products for the voice-over-IP market, said yesterday that the firm has scored wins at "multiple" universities in North America. Names and details of those customers, however, were not detailed by the firm, although the firm quoted Northern Illinois University as one of its customers. Sipera said its security appliances have been deployed at universities which have, combined, more than 250,000 students and staff. Financial impact of (More info...) posted on Thursday, July 2, 2009(Full story) Potomac Fusion Names VPs Austin-based Potomac Fusion, a developer of data visualization and fusion tools for the Department of Defense and other U.S. Government agencies, said this week that it has hired on two new vice presidents. The firm said that it has named Ed Marquardt as Vice President, Strategic Technology, and John Risch as Vice President, Research and Development. Marquardt was Deputy Senior Science Advisor to the United States Army and Group Vice President of a major management consulting firm; Risch (More info...) posted on Thursday, July 2, 2009(Full story) |
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