AZ companies raising and spending the lettuce – 2014
The year is just about halfway over (how did that happen?), and tech companies around the Valley keep locking down funding and spending the benjis. Take a look at our list of Arizona’s startups and acquisitions from the beginning of 2014.
Arizona State University
Money raised: $1 million
Awarded by the Department of Defense (DOD) to create a new Pracademic Center of Excellence in Technology Transfer (PACE/T2) to support technology transfer and commercialization from DOD laboratories. The Center is a group effort led by ASU’s Entrepreneurship and Innovation Group (EIG). ASU ranks as the top university in Arizona for innovation, affordability, quality of students and degree programs.
Money raised: $1 million
Awarded by the Maricopa County Industrial Development Authority (MCIDA). ASU Foundation is a private nonprofit that raises and invests private contributions to ASU and is the entrepreneurial division in technology commercialization, real estate investment and other emerging initiatives.
Money raised: Phase 1 Small Business Innovative Research Grant
Awarded by the U.S. National Science Foundation (NSF). Tucson-based YourLabs is an e-learning software provider and graduate of the Arizona Center for Innovation.
Money raised: $5 million Series C.
Awarded by GSV Capital Corp, the Scottsdale based StormWind is a leading online training and e-learning company.
Money raised: C $2.1 million unit private placement and C$400,000 convertible debenture private placement.
Certive’s cloud-based solutions utilize workflow technologies, on-site supervisory assistance, and clinical support from our strategic partners that increase both the speed and amount of revenue recovery for hospitals.
Money raised: undisclosed
Awarded by Accion’s Venture Lab, eMoneyPool is a digital microfinance provider that helps the underserved access capital through their social networks.
Money raised: $10 million
Parchment is a company in Scottsdale providing a digital platform that makes it easy for people to request, verify and share their educational and credentials online.
Digital Caddies Inc.
Money raised: $2.7 million
Founded in Scottsdale in 2003, Digital Caddies, Inc. creates low cost, easy-to-use and easy-to-implement GPS for golf systems.
Pinnacle Transplant Technologies
Money raised: $30,000 grand prize from Venture Madness.
Pinnacle Transplant Technologies is a Phoenix-based biotech company that processes muscular skeletal tissue from human cadavers and then sends it to physicians.
Force Impact Technologies
Money raised: $10,000 grand prize from Arizona Collegiate Venture Competition.
The ASU startup is the maker of FITGuard and aims to improve the safety of athletes in a meaningful and cost-effective manner. FITGuard is a mouth guard that indicates the level of force an athlete goes through and then syncs that information to a database and smartphone.
Unicorn Media, Inc.
Acquired by: Brightcove, Inc.
Unicorn Media, Inc. is a digital media management provider that helps companies deliver media to any device at anytime while providing real-time analytics on any platform.
Microchip Technology Incorporated
Acquired: Supertax for $394 million
Microchip Technology, Inc. provides Microcontroller and Analog Semiconductors with low-risk product development, lower total system cost and faster time to market.
Acquired by: Mitel
OAISYS is a Tempe-based call center software company providing easy-to-use, practical and affordable call recording.
Tallwave and ethology
Jointly acquired: 29th Drive
Tallwave is s a commercializor and leading venture development firm in the Southwest. Scottsdale, AZ.
ethology is a unique integrated digital marketing agency dedicated to creating value for clients. They have offices in Phoenix.
29th Drive is a design team focused on creative UX design, software development and strategic planning.
Acquired by: Hexagon AB (to be finalized by June 2014)
Mintec, Inc. is a Tucson-based provider of management and modeling software for the mining industry.