CEO Tiempo Cliff Schertz on $2.2 million raise, expansion and job growth

Tiempo development, a nearshore software development company specializing in enterprise cloud solutions, announced they have secured a $2.2 million in royalty financing from Cypress Growth Capital. CEO of Tiempo Cliff Schertz said they decided to go with Cypress because of their royalty-based investment model caters to high-tech companies. “[We needed] to put more cash into … Read more

Pure Chat closed $1.5M seed round, plans expansion to global markets

Pure Chat, a live support and sales software company, has raised $1.5 million dollars in a seed round to continue moving up the hockey stick and help small businesses around the world connect with their customers on-the-go. With their $250,000 winnings from the Arizona Commerce Authority Innovation Challenge, Pure Chat’s total funding to date is … Read more

Startup Ruby Ride’s expansion brings new jobs to the Valley

The way we get around Phoenix has evolved over the years. We have steadily been branching out past our bus systems and taxi services, welcoming rideshare programs like Uber, Lyft and now, local newcomer, Ruby Ride. The Phoenix-born subscription-based rideshare program got off to a rocky start earlier this year, but now seems to have … Read more

GoDaddy's global expansion adds 21 markets and 14 new languages

GoDaddy, the world’s largest technology provider dedicated to small businesses, is pleased to announce their international expansion is gaining traction and they have added 21 new markets and offering products and support in 14 new languages. Just two years ago, GoDaddy’s expansion plans were limited to North America (U.S. and Canada), and now GoDaddy is … Read more

Startup HiringSolved Raises $1M for expansion

HiringSolved the only global social recruiting tool that delivers candidates across all skill sets and industries announced the completion of a $1 million raise from a group of Arizona-based business leaders and angel investors. The raise will be used to continue development of HiringSolved’s proprietary SaaS-based platform, make additional engineering-side hires and expand the company’s … Read more

CEO of Tiempo Development Talks Expansion of Nearshore Centers

Software development company Tiempo Development has been included on Inc. 500 magazine’s  Fastest Growing Private Companies in America list for 2011 and 2012. Using their personalized, integrated platform, Tiempo Quality System (TQS), Tiempo Development’s goal is to speed up the software development process and time-to-market for its clients. Tiempo’s use of nearshore development centers a … Read more

Multi-Cloud computing service provider announces Phoenix data center

Expedient, a cloud computing and data center infrastructure as a service (IaaS) provider, has announced the opening of a new cloud data center in Phoenix.  The data center will allow Expedient to meet increased demand for the company’s services in the Western United States. The Pittsburgh-based company focuses on helping companies transform their IT operations … Read more

Arizona officials lead the charge to boost U.S semiconductor industry

Arizona leaders have launched the National Semiconductor Economic Roadmap (NSER), a new initiative to advance U.S. competitiveness in the international semiconductor industry. Global demand for semiconductors has reached an unprecedented high, but these chips, which have become a precious commodity, are also in short supply. This shortage comes in part because of the massive impact … Read more

Nextiva raises $200M from Goldman Sachs to accelerate and improve connected communications

Nextiva, a Scottsdale-based connected communications company, has announced a $200 million raise from Goldman Sachs at a $2.7 billion valuation. This is the company’s first external funding round.  The investment follows a year of growth for Nextiva, which reports $250 million in ARR. Additionally, the company boasts continued product development and market leadership. According to … Read more

Community leaders hope new grant program will provide solutions to ongoing school transportation problems

A for Arizona, a nonprofit organization dedicated to improving Arizona education, has been selected as program administrator for the Arizona Transportation Modernization Grants Program, which is designed to address the many problems with current school transportation.  This new $20 million initiative puts Arizona at the forefront of developing safer, more innovative and more reliable ways … Read more