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

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

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

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

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

Crowd Mics closes $1M seed round led by Sand Hill Angels

Drop the mic, not the smartphone. Crowd Mics, the startup that turns your smartphone into a wireless microphone, announced today they closed a $1 million dollar seed round led by top angel investment group, Sand Hill Angels. Other participants in the round include Keiretsu Capital, Arizona Technology Investors, Desert Angels, and other private investors. Tim … Read more

Grand Canyon University launches Canyon Angels investment group geared to early-stage startups

A new angel group has emerged in Arizona and it’s found on the campus of Grand Canyon University (GCU). Canyon Angels spawned out of the success of GCU’s Canyon Challenge, where 70 teams competed for a $15,000 prize. The group was solidified through the Colangelo College of Business at GCU and Jerry Colangelo, with the goal of … 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