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Power Storage Solutions has secured $2,800,000.00 in commercial capital for expansion in Dallas Texas.

Power Storage Solutions has secured $2,800,000.00 in commercial capital for expansion in Dallas Texas.

November 19, 2020 Craig Etkin

Dallas, TX — Power Storage Solutions has secured $2,800,000.00 in new commercial financing for expansion opportunities in Dallas. According to the company website, Power Storage Solutions delivers. Optimized power solutions for businesses of all sizes. Comprehensive services coupled with our team of product experts provide a true single-source supplier for all your power-related needs. Our longevity as PowerCare, coupled with the speed and innovation of a start-up Power Storage Solutions, allows us to put our best foot forward today and for many years to come.

To learn more about Power Storage Solutions please visit: http://pwrstoragesolutions.com/

Company Contact:
972-980-4135

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Commercial Financing
Commercial Financing, Dallas, Power Storage Solutions, Texas

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According to state and local development sources, UBS plans to invest nearly $2 Million to build out 13,300 square feet of new office space in Austin Texas. The project consists of the fit-out of a first generation office space on the 31st Floor at 401 W 4th Street Suite 3100 in Austin. The new space is expected to be ready for occupancy by March 1st 2026. Design for the facility is being handled by the New York City office of Verderame Cale architecture.

With a 150-year history, 124,000 colleagues around the world, and a network of offices in over 50 countries on 5 continents, UBS has extensive experience managing the wealth of high net worth and ultra high net worth individuals. Their global strategy is centered on strengthening UBS’s leading Wealth Management Americas franchise while integrating and finding synergies among the Investment Bank and Asset Management divisions to deliver outstanding solutions for clients. The UBS Wealth Management Americas approach is based on the trusted relationship of their Financial Advisors and their clients. The company's experienced Advisors are committed to understanding clients’ needs and delivering insightful, informed advice to help them realize their dreams. UBS works with individuals, families, institutions, and corporations around the world to help answer some of life's questions whether through award winning wealth management advisory, investment banking and asset management expertise, or private and corporate banking services in Switzerland. In June 2023, Credit Suisse became a UBS Group company.
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MIND, the upcoming leader in data loss prevention, today announced $30M Series A funding, just seven months after emerging from stealth, led by Paladin Capital Group and Crosspoint Capital Partners with participation from Okta Ventures and existing investor YL Ventures. This round brings MIND’s total funding to over $40M and will fuel MIND’s strategic growth and enhance its data security platform capabilities. In the past seven months, MIND has achieved 500% customer growth, gained significant traction among Fortune 1000 companies, prevented sensitive data loss across hundreds of thousands of endpoints through its proprietary endpoint agent and delivered immediate value by protecting the sensitive data of leading enterprises.

In a statement Eran Barak, Co-Founder and CEO of MIND said, “MIND was founded to help organizations thrive in the AI era and navigate the exponential growth of sensitive data in complex IT environments.” “Our rapid growth reflects a clear market shift toward smarter, faster and fully automated approaches to DLP and insider risk. This funding validates both our product and the market demand. With the backing of our new investors, each bringing deep expertise in data security, we’re positioned to revolutionize the DLP category, empower secure innovation and double our R&D and go-to-market teams by year’s end.”

MIND is on a mission to help organizations thrive in a digital world in the AI era by protecting their most sensitive data, mitigating risks and preserving brand reputation. MIND is the first-ever data security platform that puts data loss prevention and insider risk management programs on autopilot to deliver both data security posture and data loss prevention. The company enables businesses to mind what really matters—their most sensitive data. Founded and led by cybersecurity leaders and industry veterans, MIND is based out of Seattle Washington.
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TAE Technologies, the leading fusion energy company developing the cleanest and safest approach to commercial fusion power, today announced that it has raised more than $150 million in its latest funding round, exceeding the company’s initial target for the round. Chevron, Google and NEA participated in the round, among other new and existing investors. TAE has the option to raise additional capital as part of this funding round. With more than $1.3 billion in equity capital raised since inception, this latest fundraise further validates TAE’s distinctive approach to commercial fusion.

In a statement Michl Binderbauer, CEO of TAE Technologies, said: “Fusion has the potential to transform the energy landscape, providing near-limitless clean power at a time when the world’s energy needs are growing exponentially due to the growth of AI and data centers. TAE’s technology uses the soundest physics to deliver superior performance in a compact machine, with attractive economics and best-in-class maintainability. We are leading the charge to develop revolutionary fusion technology for full-scale commercial deployment.”

TAE was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company has established itself as a leader in an industry that has the potential to transform the energy economy. Since 2014, TAE and Google Research have worked together to accelerate fusion science using cutting-edge machine learning. Google engineers worked onsite at TAE facilities to co-develop advanced plasma reconstruction algorithms, leading to significantly improved plasma lifetime and performance. Fusion is nature’s preferred source of energy. It is the same process that powers the sun and stars, and it is what makes life viable on Earth. When lighter elements fuse under immense heat and pressure, they form new elements and release a tremendous amount of energy. This process is safer than conventional nuclear power because fusion can be stopped at any time – eliminating the risk of a power plant meltdown. TAE remains singularly committed to advancing the frontiers of science and innovation to benefit humanity. With a steadfast resolve to redefine the energy landscape, TAE Technologies is at the forefront of the fusion revolution, poised to usher in a new era of sustainable and limitless power generation for a better tomorrow.
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