Taking The Pulse Of The Texas Technology Industry
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Taking The Pulse Of The Texas Technology Industry |
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 Thursday, October 1, 2015 Aceable Picks Up $4.7M For Driving Education Austin-based Aceable, which develops state-approved, driver education apps, has raised $4.7M in a funding round. The funding was led by Silverton Partners, and also included Floodgate Ventures, NextGen Angels and Capital Factory. According to Aceable, it will use the new funding to expand nationally, grow its team, and enter into new markets and verticals. Aceable, which is led by Blake Garrett, currently offers its drivers education and defensive driv (More info...) posted on Thursday, October 1, 2015(Full story) Tyler Technologies Pays $670M For New World Systems Plano, Texas-based government software developer Tyler Technologies announced this morning that it has acquired New World Systems, a developer of public safety and financial software local government, for $670M in cash and stock. New World Systems was based in Troy, Michigan, and had more than 470 employees. According to Tyler Technologies, the deal will further strengthen its ability to provide software to state and local governments. Tyler w (More info...) posted on Thursday, October 1, 2015(Full story) Interphase Files For Chapter 7, Shuts Down Operations Carrollton, Texas-based communications and networking products maker Interphase said late Wednesday that it has ceased its operations, and filed for Chapter 7 bankruptcy. According to Interphase, the filing will initiate an orderly liquidation of the assets of the company. The bankruptcy filing was filed in the United States Bankruptcy Court for the Eastern District of Texas, Sherman Division. Interphase did not comment on what led the bankruptcy fi (More info...) posted on Thursday, October 1, 2015(Full story) |
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