Frontier Capital was proud to be a finalist for “Investment Catalyst” as part of the Tech Titans Awards, sponsored by the Metroplex Technology Business Council in Dallas. This year’s honor, which Frontier earned in 2013, went to newly established Dallas-based venture capital fund Hangar Ventures for its focus on making early-stage investments in North Texas technology companies.
As the only investor outside the state of Texas recognized in this year’s Tech Titans Awards, being named a finalist reflects Frontier’s continued technology-related investments in the Dallas area and its commitment to developing the economic and entrepreneurial climate in the region. This year Frontier was specifically recognized for its $30 million July 2015 growth investment in Tango, which provides retailers and restaurants with analytics, managed services and consulting solutions for an enterprise’s real estate assets and store development activities.
The Tango investment is part of more than $80 million Frontier has invested in Dallas-area companies over the past several years, a figure that doesn’t include Frontier being the single-largest shareholder in Lewisville, Texas-based telehealth platform Teladoc, which acquired Frontier portfolio company HealthiestYou in June of this year. Earlier Frontier investments in North Texas include employee health management solutions provider Viverae; display optimization advertising platform Simpli.fi; and Lanyon, a corporate travel and spend management solution that Frontier sold to Vista Equity Partners in 2013.
Metroplex Technology Business Council (MTBC) is the largest technology trade association in Texas. Its Tech Titans awards competition recognizes outstanding information technology companies and individuals who have made contributions during the past year in the North Texas region as well as the overall technology industry.
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