The Startup Journal – Going through an acquisition

When another company is interested in acquiring your business, there are some challenges and critical decisions to make in the process. [youtube]https://youtu.be/4VOY_c4BHT0[/youtube]   We sat down with Steve Zeidman, founder of Vestafy, in the latest edition of The Startup Journal. Zeidman provides advice on going through an acquisition and to not settle for less on the … Read more

SinglePoint's newest acquisition targets marijuana industry

SinglePoint, Inc., a state-of-the-art mobile technology and full-service mobile marketing company, has signed a Letter of Intent (LOI) to purchase Drive Media Network’s existing digital signage network. SinglePoint anticipates having Drive Media’s management team join the SinglePoint team and bring its more than 30 years collective experience designing, building, operating and programming digital signage networks … Read more

Arizona company raises $5M to try to become the “Henry Ford of Space”

Tucson-based startup Phantom Space recently raised $5 million in seed investments in order to fund their ultimate goal to become the “Henry Ford of Space.”  Talk about ambition. Remember Henry Ford? He founded Ford Motor Company and introduced the Model T, which was the first car that middle-class Americans could afford. He developed the assembly … Read more

Ruby expanding in Arizona, hiring up to 100 new employees

Ruby, a Portland-based live virtual receptionist and chat company, is looking to expand its presence in Arizona by hiring a number of positions here. Positions range widely from virtual receptionists to sales and marketing. The company is also looking to hire account executives and a VP of revenue operations. The majority of the open positions … Read more

Hownd acquires Australian Mesh Wifi platform

Hownd, a tech startup based out of Tempe, announced today it will acquire PoweredLocal, a mesh WiFi platform based out of Australia.  Hownd is designed to help brick and mortar businesses get more foot traffic by delivering promotional offers to existing and nearby customers through various channels, including the merchant’s social media, website and email. … Read more

Offerpad to go public through SPAC deal

Offerpad has announced plans to go public through a special purpose acquisition company (SPAC) deal in a reverse takeover with Supernova Partners Acquisition Company (NYSE: SPNV). The Chandler-based real estate tech company will list on the New York Stock Exchange using the ticker symbol “OPAD.” Supernova is led by Spencer Rascoff, an entrepreneur who’s co-founded … Read more

Tempe’s VisualLive acquired by real-time 3D company Unity

Unity, the world’s leading platform for creating and operating real-time 3D (RT3D) content, announced today the acquisition of Tempe-based VisualLive. The acquisition of VisualLive provides an opportunity for Unity to expand in the architecture, engineering and construction (AEC) industry because VirtualLive claims to be “augmented reality for construction.” VirtualLive users can push large BIM/CAD model … Read more

Lucid Motors on its way to becoming a publicly traded company

Lucid Motors announced a merger agreement Monday night with special-purpose acquisition company (SPAC) Churchill Capital IV Corp. (CCIV) propelling the EV company toward an IPO.  After the announcement, CCIV stocks plummeted for two days in a row, closing down 18.5% at $28.70 a share on Wednesday. As part of the deal, Lucid will receive approximately … Read more

CampusLogic Raises $120 Million

Phoenix, AZ-based ed-tech company, CampusLogic (founded by Gregg Scorsby), received a $120 million minority investment from Dragoneer Investment Group. The company will use the funding to invest in new product development and make strategic acquisitions that will increase the scope of its student financial success platform. The company currently serves more than 750 schools with … Read more

TASER Pulse self-defense weapon packs a punch

Coming in at  5 ¼-inches long, 4 ½-inches tall, and 1 1/8-inches wide, this new version of TASER’s citizen self-defense weapon can pack the same punch as the one used by law enforcement. As part of TASER’s home and business defense line, the company released the TASER Pulse today at the SHOT Show in Las Vegas, … Read more

Ed tech Blue Canary acquired by Blackboard – interview with CTO Clairvoyant Shekhar Vemuri

Helping college professors and institutions keep track of student performance and identifying those individuals at risk is at the heart of the ed tech product Lighthouse by Blue Canary, a predictive analytic and student retention and performance monitoring platform. “Lighthouse helps surface up the student and look at the progress and performance of students in … Read more

Women social network app Monarq launches in Phoenix

In a spread out, transient city like Phoenix, connecting with others in the community can be difficult. The founders behind Monarq are looking to help this gap by creating a platform where women can meet and develop friendships. “We found a deep need for connection,” Monarq co-founder Irene Ryabaya said. “There’s not an easy way … Read more

Trapp Technology acquires Arizona Mac management service provider

Trapp Technology has made their second acquisition this month. The Scottsdale-based solutions provider acquired Centramax, LLC, one of the largest Mac management service providers in the Valley. The company has a national client base spanning healthcare, business markets, and advertising. “To acquire a reputable company that established itself in Mac-centric markets was a development that … Read more

Scottsdale-based IT solutions company acquires ITonCommand

Scottsdale-based Trapp Technology, a provider of IT, Internet, voice, and cloud hosting solutions, has acquired ITonCommand, a Colorado-based IT solutions and consulting company. This will allow Trapp Technology to expand its services in Colorado. “We recognized the intellectual property of ITonCommand could bring value to our current users. The acquisition also adds new services and … Read more

Twazer, a Craigslist for college students, launches at UA

There’s Craigslist, eBay and Amazon, and now there’s an e-commerce app that’s tailored specifically to the college student population. Peer-to-peer and geo-location marketplace Twazer has created a space where users are required to have an .edu login email in order to download the app and sell their stuff.  [youtube]https://youtu.be/IqkhrRqktAg[/youtube]   “Twazer is a mobile app … Read more

Arizona makes workhorses—not unicorns—and that’s a good thing

Guest Blog by Hamid Shojaee, founder Axosoft, Pure Chat & AZTB The Bay Area is overrun with horses—unicorns to be exact. And while I wish I was referring to the horned, majestic creatures of lore, I’m actually talking about privately-held startups that have $1 billion or higher valuations. Venture investor Aileen Lee coined the term … Read more

GoDaddy acquired public cloud customer base of Apptix for $22.5M

Apptix, a business communication and security solution for mid-market and enterprise customers, cashed a $22.5 million check from GoDaddy for the purchase of their direct public and multi-tenant cloud customer base. Chris Damvakaris, VP of Sales and Business Development, said that Apptix is moving away from email services and was looking for a longer term solution … Read more

GoDaddy's Online Store becomes more secure and Shippo savvy

Today, GoDaddy, the world’s largest technology provider dedicated to small businesses, announced more than a dozen new features added to their online store offerings and streamlined the process for small businesses to complete transactions and deliver products to customers more efficiently. As part of their initiative to help small businesses get known, the company acquired … Read more

Aztera Holdings acquires Tucson's Brock Technologies

Aztera Holdings, LLC acquires Tucson, Arizona based Brock Technologies, Inc., an innovative unmanned systems design and manufacturing company. Keith and Jessica Brock, aerospace engineers and graduates of the University of Arizona, founded Brock Technologies in 2006. The owners of both companies approved the acquisition and the new company, BrockTek, LLC, was established in July. Manny … Read more