Scottsdale's nettime solution acquired by Paychex

Scottsdale’s nettime solutions LLC, a cloud-based time and attendance software, announced that is has been acquired for an undisclosed amount by Paychex, Inc., the leading payroll, human resource and benefits outsourcing provider for small- to medium-sized businesses. According to Paychex President and CEO Martin Mucci, nettime solutions’ “development expertise” is a perfect partnership for Paychex’s outstanding customer service solutions. nettime … Read more

NETtime Solutions: The unSoftware Company That Almost Wasn't.

The cloud has revolutionized data access and consumption. It seems like most of today’s tech startups depend, in one way or another, on a cloud component. But, in 2007, pitching a cloud-based startup to a venture capitalist was like pitching a flat earth theory to Pythagoras: tough to sell. In that atmosphere, Bahan Sadegh saw … Read more

Inc. 5000 lists Phoenix tech companies among the fastest-growing in US

In their 33rd year running the Inc. 5000 list was released today, and Arizona high tech and digital media companies made a strong showing. The list presents the fastest-growing private companies by percentage of revenue growth over a four-year period. According the report, industries that represented the highest percentage growth includes software (182%), IT services (122%) and … Read more

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