AZ Tech Podcast Episode 2: Todd Belfer, Managing Partner, Canal Partners

Todd Belfer is no stranger to risk. In fact, he thrives on it. On Episode 2 of AZ Tech Podcast, Hamid Shojaee and Belfer discuss investing strategies, the stock market and Bitcoin. Belfer also opens up about the wins (and losses) he’s seen in his long investing career. Don’t forget to subscribe to the video … Read more

Software sector leads in deal flow for angel groups

Today the Angel Resource Institute at Willamette University released the Q3 2015  HALO report and software companies are leading the charge for deal flow, with the healthcare sector realizing an increase in overall funding. For number of deals, California blows the country away with 21.1 percent, with the Great Lakes and New England region tying … Read more

Cypress Growth Capital invests $2 million in Genius Monkey

Texas-based Cypress Growth Capital made its first Arizona investment at a Tempe-based digital advertising consultant, Genius Monkey. The investment of $2,000,000 was royalty-based. Genius Monkey will use the funding to further develop its artificial intelligence behind its advertising software, according to CEO Clint Ethington. Along with general support of their existing software, Ethington hopes to use … 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

AZ Startups Need Muscle and Money

  Is there money in Arizona to fund startups? Well where is it? This was the main question posed at the Phoenix Business Journal’s Tech Titans event Thursday evening to leaders in the sector. According to the Journal’s article “Show Me the Money” Francine Hardaway, co-founder and partner at tech accelerator Stealthmode Partners in Chandler, … Read more

Infusionsoft Receives $54 Million Investment from Goldman Sachs

  Infusionsoft has been on a tear recently. In 2012 they posted $39 million in revenue and hired 150 new employees, bringing their total employee count to 350. Even more exciting, yesterday, they announced a $54 million venture capital investment from a group led by Goldman Sachs. Infusionsoft is an all-in-one sales and marketing automation … Read more