A grant from the Department of Commerce’s Economic Development Administration will help kick-start the transformative initiative. Creating opportunities for the future of Lubbock and West Texas is at the top of the priority list for the Texas Tech University Innovation Hub at Research Park. For the next several years, the federal government will lend a hand … Continued

For angel investors, an exit is an opportunity to sell their shares in a company to receive a return on their investment. Members of the Lubbock Angel Network have received an exit from software company Onit. The Houston-based firm, who provides enterprise-level solutions to better manage workflows, has received a secondary investment from a private … Continued

NuPark, a company specializing in license place recognition (LPR) based enterprise parking management solutions that was initially developed at Texas Tech University, has been acquired by Passport, Inc. Based in Charlotte, NC, Passport is an industry-leading parking payments solutions company. It is estimated that between Passport and NuPark approximately 1 in 3 vehicles in the … Continued

TenantCloud, a software solution for independent landlords based in Austin, Texas has sold a majority stake in their company providing a return to members of the Lubbock Angel Network (LAN) who were invested in the company. This is the group’s first acquisition or “exit” by a portfolio company. TenantCloud provides free property management software for … Continued