AZ Tech Podcast Episode 2: Todd Belfer, Managing Partner, Canal Partners

Todd Belfer is no stranger to risk. In fact, he thrives on it. On Episode 2 of AZ Tech Podcast, Hamid Shojaee and Belfer discuss investing strategies, the stock market and Bitcoin. Belfer also opens up about the wins (and losses) he’s seen in his long investing career. Watch now or listen on Apple Podcasts … Read more

Allbound raises $1.5M seed round led by Canal Partners – updated

Allbound, a Software-as-a-Service (SaaS) Partner Sales Acceleration solution, is helping businesses realize more revenue from indirect sales partners through their predictive technology and gamification platform. Today the company announced a $1.5 million seed round led by Canal Partners with participation from Tallwave Capital and current investor Acceleprise. To date the company has raised around  $1.7 million. The … Read more

How to Pitch An Angel for $1 Million – Interview with Patrick Armstrong & Todd Belfer of Canal Partners

Editor in Chief Tishin Donkersley, M.A. sat down with Patrick Armstrong, Vice President and Co-Founder of JDA Investments (US), Inc. and Todd Belfer, Managing Partner of Canal Partners to learn more about how to pitch to an Arizona Angel, identify the red flags in ones’ pitch deck and share mistakes they’ve made as entrepreneurs along the way.

Canal Partners: Private Equity For Software & Internet Tech Companies

Often in the startup world, a company will get to the point of “success” where it has a solid management team and a cash-flow positive product or service, but lacks the capital, connections or guidance to scale to its full potential. At this level, Arizona startups often face the additional challenge of trying to attract … Read more

Raising capital in Arizona? Here’s a list of venture capital firms to consider

Over the past two years, Arizona startups have received more venture capital than ever before. According to ClearData, Arizona is still trailing the major U.S. startup hubs by a fairly wide margin. And yet, the tech startup industry here is growing fast. Arizona appeals to both local founders and founders originally based out-of-state, thanks to … Read more

7 Startups to compete at AZ Technology Council Startup Connect

Startups ranging from jumping the line at your favorite nightclub to finding the closest farmers market will compete this week at the annual Arizona Technology Council StartupConnect AZ for a cash prize and receive some good 1:1 time with CEOs, investors and influencers. This year, content for the event includes advice and tips from 50 … Read more

Tallwave Capital raises $13.51M to commercialize new ventures

Tallwave Capital, a commercializer, announced today the closing of a $13.5M Tallwave Commercialization Fund I. This seed fund is focused exclusively on investing in startups in SaaS, mobile, digital media, ad tech and eCommerce. Investments can range from $125K to $400K in early-stage differentiated consumer and enterprise focused businesses in most industry vertical markets. “This is … Read more

EdTech Startup Picmonic closes on $1.25M led by Arizona investors

Who knew goofy cartoon pictures would help students learn science? Apparently investors did, and they doubled down on their bet. Picmonic, a research proven audiovisual mnemonic tool that helps students master science, announced today that it has closed $1.25 million in a convertible note financing, bringing total funds raised by the company to $2.6 million. This startup … Read more

Omedix names new CTO and Director of Product Management

Omedix, the leading provider of patient engagement portals, announced today the appointment of Chief Technology Officer Nanu Ramamrutham, and Director of Product Management, Heather Mattisson. With a line of digital products that empower patients and streamline practice costs, Omedix plays a key role in the industry in improving patient care. Nanu and Heather complement Omedix’s … Read more

WebPT brings in the capital from Battery Ventures

WebPT, a web-based provider of electronic medical record (EMR) for physical therapists, just landed a large investment deal with capital firm Battery Ventures. The undisclosed amount will be used to grow WebPT’s customer and user base which has so far been adopted by more than 35,000 therapists and 6,000 clinics across the U.S. and Canada. … Read more