Arizona Technology Council’s Technology Industry Impact Report details job growth, lack of diversity

board members

The Arizona Technology Council released its Q1 2021 Arizona Technology Industry Impact Report, which shows an increase in tech companies, wages and jobs — a continuation from 2020. The report shows tech jobs increased by 3.6%, to 204,161 jobs. Job postings in technology for Q1 have nearly reached the high-water mark set in July 2019. … Read more

Qwick planning big growth for 2021, adding to Arizona’s growing tech economy

Qwick, the Phoenix-based on-demand staffing platform for the food and beverage industry, will add more than 100 new employees this year — further evidence that Arizona continues to stand out as an up and coming tech ecosystem coming out of the COVID-19 pandemic.  To say that Qwick struggled in 2020 would be an understatement. The … Read more

Silicon Valley Comes to Phoenix: A Tribute to Arizona’s Tech Growth

Silicon Valley is making its way to Phoenix next week, as more than three dozen leading technology executives are scheduled to present at the Girls in Tech Catalyst Conference. “This will be the second consecutive year the April 17-19 conference will be hosted at Hotel Palomar due to its massive success last year and Phoenix’s … Read more

Zenefits $500 million raise means growth in Arizona

After launching in April 2013, Zenefits, the leading cloud HR platform, has raised a jaw-dropping amount of $500 million in a Series C round of funding led by Fidelity Management and Research Company and TPG-putting their valuation at $4.5 billion. This round is considered the largest private or public (IPO) financing round of any SaaS … Read more

Governor Brewer signs bills that bolsters Arizona economic growth

Jan Brewer’s 2nd term as Arizona’s governor comes to a close later in 2014, but she isn’t quite finished just yet. On February 26, 2014 Brewer vetoed a controversial bill that many critics deemed had “an anti-gay” agenda. Not only has she vetoed such debilitating laws such as the aforementioned SB 1062, but Brewer has … Read more

Fast job growth forecasted for Arizona and western states

Arizona is forecasted to have one of the fast job growths in the United States, according to an USA Today article quoting an IHS Global Insight report. The article credits Arizona’s growing technology sector for the growth, as well as an increase in tourism and a stabilized housing market. Arizona’s tech sector is growing from … Read more

Arizona ranked 2nd in nation for job growth

Unemployment spiked in October 2009 at the height of the recession, and it has taken over 4 years to finally see the recovery. Unemployment was at a low of 6.6 percent in the month of January 2014, which is a vast decrease from the highest unemployment rate of 10 percent. According to MarketTalks News ten … Read more

Innovation Arizona Summit Brings Entrepreneurs, Startups and Investors Together To Support Growth

Arizona’s largest growth exhibition, The MIT Enterprise Forum Phoenix and Arizona Commerce Authority Innovation Arizona Summit, will take place on Tuesday, June 11th at the Tempe Center of the Arts from 3 to 8 p.m. The Innovation Arizona Summit plans to get all growth organizations together to meet hundreds of entrepreneurs. It will offer a one-stop exhibition for … Read more

Genetic sequencing startup raises $20M in growth equity capital

Genetic sequencing startup Tesis Labs has announced a $20 million of growth equity financing, marking the company’s first external raise since it was founded in early 2020.  This financing put the company at a post-money valuation of $520 million. The round began and ended in September of this year and it was led by Xcellerant … Read more