News & Media

Texas-based online marketplace for companies selling RVs, boats and powersports vehicles Rollick has raised $8.5 million in a round that included Sandbox Insurtech Ventures, TechNexus Venture Collaborative, Dallas Venture Capital, Congress Avenue Ventures, and London Technology Club, LiveOak Venture Partners, Silverton Partners, Autotech Ventures, ManchesterStory, Anthem Venture Partners, and Capital Factory. Since its inception in 2017, the company has raised $22 million.

Using machine learning, StepFunction helps leading SaaS companies substantially improve the amount and predictability of their subscription revenues based on a data-driven, real-time understanding of customer intent.

VuNet Systems, an AI-based business journey observability provider, has raised $5 million in its Series A round led by Mela Ventures and Athera Venture Partners (formerly Inventus India) with participation from Dallas Venture Capital and TVS Capital Funds.

Dallas Venture Capital (DVC) has announced its participation in a $100 million Series C funding round for Alkira, a San Jose-based company revolutionizing cloud networking. DVC joined investors Tiger Global Management, which led the round, NextEquity Partners, and Geodesic Capital alongside existing backers Sequoia Capital, Kleiner Perkins, and Koch Disruptive Technologies.

On-demand network infrastructure vendor Alkira has closed a $100 million Series C round of funding, with executives reiterating the company’s 100 percent channel go-to-market strategy as it sees customer demand grow amid uncertainty with legacy vendors and to take advantage of growing artificial intelligence interest.

Alkira®, the leader in on-demand network infrastructure as-a-service, today announced the closing of a $100 million Series C funding round, bringing the company's total funding raised to date to $176 million. The round was led by Tiger Global Management, a leading global investment firm, with additional investment from Dallas Venture Capital, Geodesic Capital, LIAN Group and NextEquity Partners; and participation from existing investors, including, Kleiner Perkins, Koch Disruptive Technologies and Sequoia Capital.