Curtis Gunn of Desert Angels, First AZ Investor Appointed to Angel Capital Association Board

Curtis Gunn, Chairman of Desert Angels, is the first Arizona investor to be appointed to the Angel Capital Association Board, and will serve for three years. The Angel Capital Association is the leading professional and trade association supporting the success of angel investors in high-growth, early-stage ventures. “I look forward to raising the awareness of Arizona companies, … Read more

SynCardia's heart beats for Wall Street, filed for IPO – updated

Tucson-based SynCardia Systems, a total artificial heart development, manufacturing and commercializing company, filed for IPO under the proposed symbol TAHT (total artificial heart temporary) and looking to raise $34.5 million according to NASDAQ. The company plans to issue 2.5 million shares with an over allotment option of $375,000 at $10-12 per share. The lead underwriter is Roth Capital … Read more

POTUS Demo Day promotes diversity, AZ companies recognized

Co-written with Tishin Donkersley Only 1% of America’s venture capital-backed startups are led by African Americans, and only 3% are led by women. This has to change. Today, President Obama is hosting the first White House Demo Day, promoting diversity across all industries for women and minorities. The event is giving 30 entrepreneurs and startups … Read more

Recoleta Digital Media raises Series A-2 funding led by ATI and Desert Angels – updated

How often do the grocery checkout coupons and weekly circulars end up in the trash? To combat this challenge, one Tucson-based startup is helping grocers target price-conscious shoppers through their mobile devices. Recoleta Digital Media, a personalized grocery circular system, has raised an undisclosed sum of Series A-2 funding. Their platform creates digitally driven personalized circulars with … Read more

What you need to know about the Tucson tech community

Phoenix’s sister city to the south, Tucson, has blossomed into its own thriving technology ecosystem. Tucson is home to the Tucson Tech Corridor (TTC) and also several big technology companies that employ thousands of Tucson residents such as Raytheon and IBM. Here’s a run-down of what you need to know about the Tucson tech community. Startup … Read more

Desert Angels moves up to #5 on HALO Report for most active angel investor groups in US

The Angel Resource Institute, Silicon Valley Bank and CB Insights released the 2014 Q1 HALO Report, a national survey of angel group investment activity, and ranked Tucson-based Desert Angels (DA) again as one of the top 10 most active angel groups in the country. Curtis Gunn, chairman of Desert Angels, tells AZTB, “Desert Angels are … Read more

Contatta completes $1.5M convertible round to take product to market

Contatta, the world’s first collaborative email, has completed a $1.5 million convertible round led by Kickstart Seed Fund II and Grayhawk Capital. In addition, all of Contatta’s current board members, including CEO and co-founder Pat Sullivan, and outside investors Desert Angels and Arizona Technology Investors Forum (ATIF) participated in this latest round of investment. “Desert … Read more

Startup Tucson launches Thryve – a social impact incubator

Tucson’s premiere entrepreneurship development organization, Startup Tucson, is proud to announce the launch of Thryve, a social impact incubator. The new incubator resides in Startup Tucson’s CoLab workspace offices at Holualoa’s historic Pioneer Building at 17 E. Pennington Street Tucson, AZ 85710. Justin Williams, chairman & founder of Startup Tucson, shared that the inspiration to … Read more

Halo 2013 report – Desert Angels listed as top 10 most active angel investors in US

The Angel Resource Institute, Silicon Valley Bank and CB Insights released the 2013 Halo Report, a national survey of angel group investment activity, and ranked Tucson-based Desert Angels (DA) in the top 10 for most active angel groups in the United States-a first for DA. Curtis Gunn, chairman of Desert Angels tells AZTB, “Desert Angels … Read more

Desert Angels invested over $5.5M and majority in AZ cos.

Desert Angels (DA) announced their final investment numbers for 2013 equaling over $5.5 million placed into 23 different companies-the majority of them in Arizona. Chairman of Desert Angels and board member on the Angel Capital Association Curtis Gunn said this milestone “…is a record for us, both record of number of companies and dollars invested.” … Read more

Startup Tucson and Gangplank merge to create CoLab Workspace

Two of Tucson’s leading innovation organizations, Startup Tucson and Gangplank Collective, have decided to merge operations effective January 2014. The merger sees Gangplank becoming an initiative of Startup Tucson and will adopt the name CoLab Workspace. As part of the agreement, Startup Tucson will serve as the organizational home for CoLab, work with Holualoa Companies … Read more

Desert Angels ranked as top 5 for most active investment angel group in US

The Angel Resource Institute, Silicon Valley Bank and CB Insights released the Q2 2013 Halo Report, a national survey of angel group investment activity, and ranked Desert Angels in the top five for most active angel groups in the United States for Q2. “Being ranked in the top five of the Halo Report is validation … Read more

Desert Angels close a $517K sidecar fund 4

Desert Angels announced the closing of its sidecar fund 4 at $517,000, this will be the largest sidecar fund they’ve raised within a 12 month period. Chairman of Desert Angels Curtis Gunn tells AZTB, “We are very excited to have successfully raised the sidecar fund 4 which will prove significant for companies that seek out … Read more

Shipping Auction Site Post.Bid.Ship. Finalizes New Round of Funding

Post.Bid.Ship. recently closed its third round of angel funding, getting a little over $600,000 from Desert Angels, according to Chairman Curtis Gunn. These funds will help expand the business of linking companies with shippers, co-founder and chief operations officer Jarret Hamstreet said. The Tucson-based company is looking to transform how the shipping business is conducted … Read more