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Three companies linked with UT Arlington land $4 million in funding

News Release — 9 October 2009

FOR IMMEDIATE RELEASE

Media contact: Herb Booth, (817) 272-7075, hbooth@uta.edu

ARLINGTON - Three North Texas technology companies aligned with The University of Texas at Arlington have received more than a third of the $11.15 million awarded this month from the Texas Emerging Technology Fund, a resource aimed at moving projects to the marketplace.

The three companies received a total $4 million. They are:

  • Bynari, a Dallas company that will use its $1.5 million award to further its e-mail software, which allows seamless collaboration of messaging and applications.
  • Vaharra Systems, a Dallas firm awarded $1.5 million to commercialize its uMobility software. The technology allows users to extend voice, data and video applications to their mobile device.
  • iLearning Gateway, which will use $1 million for a patent-pending artificial intelligence system. The Web-based system teaches students by leading them to derive solutions while adjusting to each individual's learning capability.

Six other companies working in partnership with other Texas higher education institutions were awarded the remaining $7.15 million.

The Emerging Technology Fund was established in 2005 by the Texas Legislature at the governor's urging. Its goal is to speed development and commercialization of new technologies and boost research at state universities.

The North Texas Regional Center of Innovation and Commercialization in Dallas, which spans 63 counties, is the region's center for finding, evaluating and advising companies seeking funding. The center says that it has counseled more than 575 potential clients and evaluated 246 applications since 2005.

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The University of Texas at Arlington is an Equal Opportunity/Affirmative Action employer.