Taking The Pulse Of The Texas Technology Industry
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Taking The Pulse Of The Texas Technology Industry |
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 Tuesday, June 20, 2017 Modern Message Gets $2M In Series A Dallas-based Modern Message, a developer of software which helps property management companies communicate and engage with apartment residents, has raised $2M in a Series A funding round, the company announced on Tuesday. The funding was led by AXA Strategic Ventures (ASV). According to the company, the funding will go towards growth efforts. Modern Message says is anticipates $4M to $5M in revenues for 2017, and currently has 28 employees. Moder (More info...) posted on Tuesday, June 20, 2017(Full story) NetFortris Names Co-CEOs Dallas- and Seattle-based NetFortris, a provider of secure cloud communications service, said on Tuesday afternoon that it has named Kevin Dickens and Gene Carr as Co-CEOs of the company. Dickens had been Chief Operating Officer, and Carr had been Chief Financial Officer of the company. The company said current CEO Grant Evans remains on the company's board of directors. Dickens previously served at Ventraq and Choice One Communications, and also se (More info...) posted on Tuesday, June 20, 2017(Full story) GameStop Sells Kongregate To Modern Times Group San Francisco-based online social gaming site Kongregate, which is owned by Grapevine, Texas-based GameStop, announced today that it has been acquired by Modern Times Group (MTG), in a deal worth $55M. Kongregate offers up free-to-play games online as well as through mobile apps. Kongregate is led by co-founder and CEO Emily Greer, and was acquired by GameStop in 2010. Modern Times Group (MTG) is (More info...) posted on Tuesday, June 20, 2017(Full story) BBVA Backs Internet Connectivity Pilot In Rio Grande Valley Banking provider BBVA Compass said this week that it is backing a pilot program to provide Internet access to 50 families in Pharr, Texas, as part of a pilot to help bridge the "digital divide" in the Rio Grande Valley. BBVA Compass said it will fund broadband access and bilingual training and technical training to 50 companies in Pharr, in collaboration with the Pharr-San Juan-Alamo Independent School District and the Federal Reserve Bank of Dall (More info...) posted on Tuesday, June 20, 2017(Full story) Researchers Create New Desalination Technology Researchers at Rice University in Houston say they have created new technology which dramatically improves the ability to turn salt water into fresh drinking water, using only the sun. The university said that its new effort--created under a National Science Foundation project--uses engineered light-harvesting nanoparticles, embedded in a porous membrane, which use sunlight to generate steam, dramatically reducing the energy required in desalination. Rice (More info...) posted on Tuesday, June 20, 2017(Full story) Zenoss Wins New Customer Austin-based Zenoss has signed on a new customer, Epcom World Industries, the company said on Monday. Financial details of the win were not announced. Epcom is a provider of technology products and services for business, nonprofit, education and government. Zenoss is a provider of software used for monitoring cloud, virtual, and physical infrastructure. The company is venture backed by Summit Partners, Grotech Ventures, Intersouth Partners and Boulder V (More info...) posted on Tuesday, June 20, 2017(Full story) |
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