ActiveClass, an early stage education technology company designed to help increase student engagement, has raised $1.9 million in seed money. The Scottsdale-based startup will use the money to hire more employees to support growth, improve customer service and speed up product development. “We are beyond excited for what this means not just for us at … Read more
Scottsdale startup Limelight Networks (Nasdaq: LLNW), a provider of edge cloud services, has entered into a definitive agreement to acquire Moov Corporation, which does business as Moovweb or Layer0. The definitive agreement said Limelight will acquire Layer0 for about $32.5 million in cash and $22.5 million worth of common stock. Still, the deal is subject … Read more
Anuncia, a medical device company and innovator in cerebrospinal fluid (CSF) management, announced its plan to move its headquarters to Scottsdale. The headquarters will be at SkySong, the Arizona State University Scottsdale Innovation Center. This location provides the company with access to research and development opportunities, as well as bioscience and healthcare talent. It also … Read more
Trainual, a SaaS platform designed to help growing businesses standardize policies and processes, has closed a $27 million Series B round, bringing the company’s total funding to $33.75 million. The round was led by Altos Ventures, a major venture capital firm based out of Menlo Park, Calif. Trainual founder and CEO Chris Ronzio said in … Read more
The ASU+GSV Summit, a collaboration between Arizona State University and Global Silicon Valley, announced its annual EdTech 150 list, highlighting 150 of the leading and most transformational private companies in the Education Technology industry that focus on global learning. The list includes 4 companies headquartered in Arizona. Chandler-based CampusLogic and Scottsdale companies Parchment, Proctorio and … Read more
Sensagrate, a software company based in Scottsdale, and Innoviz Technologies, which is headquartered in Israel, announced a partnership to enable a variety of Smart City applications meant to create safer cities by improving road safety. Sensagrate has created the Smart City technology, as well as data analytics and reporting products, to monitor traffic, pedestrian and … Read more
Scottsdale-based M3bi has closed a deal with Zensar Technologies, a publicly-traded software and services technology company based in India. Zensar’s US subsidiary, based in San Jose, Calif., will conduct the acquisition. The company will pay an upfront payment of $21.6 million and performance-based deferred payments of no more than $9 million over 36 months. The … Read more
Sectigo, a New Jersey-based web security solutions provider, acquired Scottsdale-based SiteLock earlier this month. SiteLock is a leading provider of website security protection and monitoring. Through this acquisition, Sectigo expands its product capabilities and network, and gains more than 16 million websites currently protected by SiteLock. Demand for web security hit an all-time high as … Read more
So far this year, Scottsdale has the highest number of software companies in Arizona. This insight comes from a 2021 Q1 analysis by Gregslist, an online resource that provides information on Phoenix software companies, SaaS growth and software industry talent. Gregslist reports that Scottsdale has a total of 258 software companies, which is about 36% … Read more
Phoenix-based AerialSphere used its XP360 to provide data to Waste Management Open planners that helped them develop the Scottsdale tournament site. AerialSphere designed the XP360 “to change the way people deliver and interact with maps,” according to the company’s website. The XP360 combines 360-degree aerial imagery with location data to give a detailed, bird’s-eye view … Read more