As we near the end of 2021, DFW companies are rushing to announce their latest achievements. This week was another busy one for the tech community, from new fintech services to the latest acquisitions, catch up on the latest. This is the Built In DFW weekly refresh.
Securonix announced plans to hire 500. The Addison-based cybersecurity company has expanded dramatically this year from 600 employees to 1,000 and is looking to add another 500 next year. Securonix is a cybersecurity firm that offers analytics and operations management to protect against cyber threats. The new positions announced will be hybrid-based, allowing employees to work in the office or at home. [Dallas Business Journal]
Several tech companies moved their HQ’s to DFW. This year a number of the companies relocated their headquarters to the DFW metro, including large tech giants like AECOM and software startups such as Optym, OrangeGrid, Origina and SmartAction, to name a few. New arrivals came from California, Florida and Ireland. [Built In DFW]
DFW TECH QUOTE OF THE WEEK
Evolve Biologics announced a new Sachse facility. The Canadian therapeutics company announced the new facility along with plans to hire 300 employees to staff the facility. According to the company, the facility will focus on using its trademarked technology to extract therapeutic proteins from blood plasma. While the location has been secured, the facility will not be operational until 2024. [Built In DFW]
Plano-based VR startup acquired Immersive Cure. Launched in 2016, MyndVR has been using VR to treat older adults going through social isolation or reside are in senior living communities. MyndVR recently announced it acquired a similar VR company in Ohio that offers VR therapy to veterans and individuals living in hospice care. As part of the acquisition, Immersive Cure’s founder Jessica Benson will join MyndVR as VP of market development. [Built In DFW]
Alcohol distributor launched a digital marketing agency. Southern Glazer’s Wine & Spirits, a national alcohol distributor with headquarters in Miami and Dallas, announced it launched DRAM Agency to help brands better market their products. DRAM, which stands for digital revolution of alcohol marketing, has already helped 200 brands. The agency will leverage new technologies to reach desired customers and grow sales. [Built In DFW]
Fintech startup launched B2B service. Zirtue, a digital platform that automates personal loans, announced a new service that would allow users to pay bills through the Zirtue platform. The new product will still keep the company’s goal of providing people with non-exploitative lending options. Zirtue also quietly raised $2 million in a round led by Mercury Fund to launch the new product. [Dallas Business Journal]
ExxonMobil acquired Materia. The Irving-based energy giant acquired Materia, a chemical manufacturing company whose tech is used in green energy and infrastructure. The two companies have been working together since 2017 to develop hydrocarbon-based material that would make wind mills lighter and stronger. [Built In DFW]