Emailage determines fraud risk via e-mail

Ransomware, viruses, and fraud can all find its way to ones’ computer through email. A Chandler-based startup Emailage is the first in the fraud prevention space to use email to detect risk via email addresses. “We are providing intelligent risk assessment using an e-mail address as a key element to detect risk,” Rafael Loureiro, the … Read more

Seed Spot received $330k Kauffman Foundation Grant

Arizona-based business incubator Seed Spot was announced as one of eight companies awarded a grant from the Ewing Marion Kauffman Foundation. The grant was given to organizations that help entrepreneurs launch and grow their businesses. READ: Female founders dominate Seed Spot fall 2015 venture class “We are incredibly excited to bring funding from the Kauffman … Read more

Farm-to-table meal service raises $4.5M, expands to AZ

Meal delivery service Sun Basket combines two markets — the demand for fresh, non-GMO groceries and the delivery system to provide these items to a customer’s door. The startup raised $4.5 million last month from 25 investors in its first round of funding. The operation began in January 2015 and has been growing 17% a … Read more

The Medical Memory aims to improve physician-patient communication, raises $2.1M

It happens more often than not, by the time a person walks out of a doctor’s office and gets home, the verbal details between patient-physician are forgotten. It’s so common that one health tech company is solving this problem by ensuring that you can review all the details of the appointment. Developed by Dr. Randall … Read more

CampusLogic raises $4.1 Million to expand financial aid platform

Ed tech startup CampusLogic raised $4.1 million from notable education technology investors and will use the money to increase sales, marketing and product development. The investment was led by NY-based venture fund University Ventures with participation from Continental Investors, Desert Angels, and Arizona Technology Investors-among other private investors. The ed tech startup creates SaaS solutions for … Read more

CEO ClearDATA Darin Brannan on $25M Series C raise

ClearDATA, the leading healthcare cloud computing platform and service provider, announced the closing of an over-subscribed $25 million Series C led by Heritage Group, HLM Venture Partners and Flare Capital Partners. Darin Brannan, President, CEO and co-founder ClearDATA, told us the funds will be used for sales and marketing as well as iterative platform development. … 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

Local gaming companies find success on kickstarter

Becoming the supreme ruler of a galaxy and competing against your friends has just become a possibility through the dice-based game, Tiny Epic Galaxies. Queen Creek-based Gamelyn Games recently completed another successful crowdfunding campaign through Kickstarter, raising  $411,693 when its goal was only $15,000 for Tiny Epic Galaxies. Gamelyn Games is no stranger to Kickstarter … Read more

Raising money? Then you better know your numbers – women in tech wrap-up

With more women entrepreneurs emerging in the tech market, raising capital is first and foremost on the minds of founders. During the AZTB women in technology breakfast, a panel of founders and an investor shared their secrets to getting funded. Numbers are one of the most important thing for any entrepreneur to know, Cathleen Raffaeli, … Read more

OrbHealth raises $650,000 in first seed round

Phoenix based healthcare mobile application OrbHealth has raised $650,000 in their first round of seed funding, according to its CEO and Founder.   OrbHealth rose from the ranks of Dallas healthcare accelerator and has launched mobile applications for both patients and physicians to collect, disseminate and provide health data for both parties, said Paul Oran, … Read more

Applications open for Spring 2015 Innovation Challenge

Arizona Commerce Authority announces the opening of the Spring 2015 Arizona Innovation Challenge (AIC). Applications are available for download right now and the submission window is scheduled to close on March 27th, at 3:00 PM Arizona Time. The AIC has one of the highest award amounts in the country for a business plan competition, and … Read more

Phoenix-founded Pivot Freight receives $2.8 million in seed funding

Pivot Freight, a Phoenix-founded but Austin, Texas-based company that helps businesses compare and reduce shipping costs, announced Monday that it received $2.8 million in seed round funding led by Silverton Partners. The company moved to Austin this year to participate in the Techstars accelerator program, a highly rigorous and competitive three-month exercise. Pivot Freight graduated … Read more

CellTrust secures $10.5 million in funding from Kayne Partners

Co-written with Tishin Donkersley Scottsdale-based CellTrust, a company that offers mobile device security solutions, announced today it secured $10.5 million in Series A funding from Kayne Partners, a private equity group. With this round, CellTrust intends to build out its infrastructure and hire additional team members to keep up with high demand for its products. “Our entire team … Read more

Tallwave Capital raises $13.51M to commercialize new ventures

Tallwave Capital, a commercializer, announced today the closing of a $13.5M Tallwave Commercialization Fund I. This seed fund is focused exclusively on investing in startups in SaaS, mobile, digital media, ad tech and eCommerce. Investments can range from $125K to $400K in early-stage differentiated consumer and enterprise focused businesses in most industry vertical markets. “This is … Read more

Startup Tucson awarded $1.44M to launch Thryve Next accelerator

Startup Tucson was awarded a $1.44 million, five-year contract from the U.S. Small Business Administration’s ScaleUp America program to launch their Thryve NEXT accelerator for second stage companies. Startup Tucson was one of only seven successful applicants nationwide out of over 60 proposals and was the only applicant west of the Mississippi River to receive ScaleUp … Read more

GlobalTranz secures $40M in funding, shoots for $1B revenue by 2016

GlobalTranz, a Phoenix-based supply chain logistics company, announced the completion of $40 million in Series C funding, according to a press release Monday. “Our technology and agent offering is the best in our industry right now, and I am excited to work with the Susquehanna and Providence teams. This investment is going to help in … Read more

Chandler's Synergis Education secures $5M Series A2

Synergis Education announced the successful completion of a $5 million Series A2 financing round with Mitsui & Co. (U.S.A.), Inc. (hereafter “Mitsui USA”) a wholly owned subsidiary of Mitsui & Co., Ltd., Tokyo, Japan, one of the most diversified and comprehensive trading, investment and service enterprises in the world. Mitsui USA joins the largest investor … Read more

LearnVest raises $28M led by Northwestern Mutual Capital – more jobs for AZ

LearnVest, a personal financial planning platform, announced a new strategic round of funding of $28 million led by Northwestern Mutual Capital and supported by previous investors including Accel Partners. The total amount of funding raised by LearnVest now sits at a whopping $72 million. LearnVest has offices in New York and Arizona, and is experiencing significant growth. … Read more

Digital Caddies, Inc. receives $2.7M in funding

Digital Caddies Inc. announced they received a total of $2.7 million of funding on the previously announced equity capital raise being completed by Paulson Investments – a boutique investment bank specializing in the small and mid-sized markets. Funds raised are being used to continue the growth and development of its personal concierge service, The Players … Read more