Tag Archives: Infusionsoft

phoenix

Now is the time to invest in Arizona

It used to be when I traveled to different business meetings across the country, people would ask me about Arizona’s politics. While we still have reputation issues to repair, the questions I’ve been getting recently are more focused on the buzz they’re hearing about our growing technology sector.

There’s good reason Arizona is getting noticed for its growth. Over the last five years, Arizona has developed one of the most robust technology entrepreneurial ecosystems in the country. The state is home to five of Deloitte’s 2013 “Technology Fast 500” firms, specifically First Solar, LifeLock, Telesphere, Inilex and GPS Insight. Other startups that have been home grown in Arizona into industry leaders include Axosoft, GoDaddy, iCrossing, Infusionsoft, Insight Enterprises, LimeLight Networks and WebPT.

We were able to accomplish our strong entrepreneurial spirit in part by drawing the attention of the media and the state’s policy makers to the need to diversify our economy away from construction and climate into a knowledge-based economy with higher paying jobs. Our efforts resulted in a tax credit for qualified research and development that is the best in the nation and a successful angel investment tax credit.

A lot of other resources have been invested. Over a dozen business incubators and accelerators call Arizona home, providing resources to support technology entrepreneurs. In addition to graduating a vibrant workforce to fuel quality jobs, Arizona’s world-renowned universities and community colleges are also heavily engaged.

Arizona State University (ASU) runs the Edson Student Entrepreneur Initiative and the ASU SkySong Innovation Center was recently awarded one of the best organizations of its kind in the country. University of Arizona (UA) is helping create the technology of tomorrow in its Bridges/UA Bio Park and UA Tech Park that includes a Solar Zone. UA also participates in Startup Tucson – an organization dedicated to growing a vibrant ecosystem of entrepreneurship through educational events. Northern Arizona University fosters business growth through it Center for Entrepreneurship and Technology and benefits from its affiliation with NASA. All of that bodes well for Arizona’s innovation economy.

Other efforts are focused solely on exciting people about technology and science. We just celebrated the third annual statewide Arizona SciTech Festival with over 300K people attending more than 500 events this year.

And although we have a long way to go, there’s a growing pool of capital. We’re home to two of the largest and top rated angel investor networks in the U.S. ─ ATIF and Desert Angels. The Arizona Commence Authority has created the Arizona Innovation Challenge that awards the most money in the country to the most promising entrepreneurs meeting technology challenges. Grayhawk Capital just raised $70 million in funds for early and growth stage technology investments. And Tallwave Capital recently announced it has deployed $500,000 in capital in early-stage ventures.

The 2010 census reports Arizona’s population at 6.4 million, with a median age of 35.9 years. The predicted growth rates for Arizona by the federal and state government expect that between 1.5 million and 3 million people will move to Arizona by the year 2020. That type of robust regional population growth combined with an improved U.S. economy translates into high potential for investors.

It’s true we enjoy more than 300 days of sunshine each year. But we offer a lot more than golf and spas. Venture capital sitting on the sidelines should put money into promising Arizona high tech firms and startup ventures.

Now is the time to invest in Arizona.

JayTibshraeny_PriceCorridor

Tibshraeny Named Municipal Leader of the Year

American City & County magazine has selected Chandler Mayor Jay Tibshraeny as its Municipal Leader of the Year.

Mayor Tibshraeny will be featured in the November edition of American City & County, which has been the voice of state and local government since 1909. The magazine serves city, county and state officials who are charged with developing and implementing government policy, programs and projects.

“Mayor Tibshraeny proves that through foresight and endurance, America’s local leaders can help overcome their community’s problems,” said Bill Wolpin, Editor, American City & County Magazine. “His story is worth sharing in the hopes that others will become inspired.”

This honor is in large part due to Mayor Tibshraeny’s role in economic development and specifically, creating, protecting and preserving the Price Corridor.  The Price Corridor is Chandler’s major employment corridor and has been instrumental in attracting high wage technology jobs to the city.

Price Corridor is home to large corporations such as Intel, Bank of America, PayPal, Microchip Technologies, Orbital Sciences, Rogers Corporation and Wells Fargo. In the past year alone, General Motors, Infusionsoft and Nationstar opened in the Price Corridor.

“Chandler is a leader in the region in job creation and today the Price Corridor is home to an impressive roster of companies,” said Mayor Jay Tibshraeny. “This success validates our efforts to protect the area from residential encroachment. I am proud of what we have been able to accomplish in the area as Chandler is now recognized as a premier innovation and technology hub throughout the Southwest.”

In addition to his achievements with the Price Corridor, Mayor Tibshraeny is being recognized for a wide variety of accomplishments including; the Four Corner Initiative and Adaptive Reuse Program, creating a healthier community, neighborhood outreach, job creation and University partnerships and transparency through technology.

Infusionsoft

Wist signs contract with Infusionsoft

Wist Office Products, the longtime Tempe-based office supplier ranked “Best Office Supply Company” in the state for seven years and counting, today announced yet another victory in a year that’s already proven to be a standout for the locally-owned and operated retailer.

Infusionsoft, designer of the only all-in-one sales and marketing software for small businesses and a six-time Inc. 500/5000 company, has signed on with Wist Office Products, Arizona’s largest independent business product supplier, to exclusively provide all of the company’s office supply and business product needs. The announcement was made shortly after Wist Office Products secured a prestigious ILoA Award from AZ Business Magazine, recognizing local businesses for their contributions in five key industries – alternative energy, distribution and logistics, healthcare, hospitality, and retail.

“We’re thrilled to make Infusionsoft an integral part of the Wist Office Products team,” said Ian Wist, co-owner and general manager at Wist Office Products. “We’re longtime admirers of how they operate their business, and their passion and dedication to aiding small business growth. All you need to do is look at their own history and growth to see why an Infusionsoft/Wist partnership is an ideal fit for both sides.”

“The real winners in this deal are the people of Arizona,” explains Kimber Lanning, executive director of Local First Arizona. “Most folks don’t realize that having business to business support between Arizona companies keeps up to four times more money recirculating in the local economy, and that means more tax revenue for parks, libraries and fire departments.”

Headquartered in Chandler, Infusionsoft’s contract with Wist indicates yet another way the company helps further the goals and objectives of small businesses, opting to sign on with their Tempe neighbor as opposed to forging a contract with a larger, national conglomerate.

“We love Arizona and the many businesses headquartered here,” said Eric Keosky-Smith, Infusionsoft regional development director for Arizona. “A partnership with a local company like Wist makes clear sense to us because it keeps more money in Arizona, which ultimately contributes to our company’s purpose – to help small businesses succeed. We hope to lead by example and show others that partnering locally can be an excellent option that isn’t just self-fulfilling but also beneficial to everyone in the local community.”

With a catalog of more than 50,000 office supply products and nearly 60 successful years in the industry, Wist Office Products has managed to successfully avoid the economic collapse that so many local companies have fallen prey to since the Recession began.

“It’s partnerships like this one that have kept business thriving over the years,” Wist said. “We’ve had a stellar almost-sixty years in business, and with the continued support of great companies like Infusionsoft, we look ahead to another sixty more.”

technology

Infusionsoft’s CTO Named IT Leader of the Year

Infusionsoft, creator of the all-in-one sales and marketing software for small businesses, announced that Marc Chesley has been named 2013 IT Leader of the Year by the Arizona Society for Information Management (SIM). Chesley has won the award for driving innovation and execution excellence, including company, community and staff development, through information technology. The SIM AZ chapter is the premier local network for IT thought leaders who share experiences and apply rich intellectual capital, while also exploring the future of IT.

“I’m honored to receive such a prestigious award from an organization that is led by the state’s most innovative IT leaders,” said Chesley. “There are a lot of other IT professionals who also deserve recognition for their leadership and innovation in the Arizona tech community. I’m proud to be part of a growing hub for IT.”

Chesley is a cloud computing and agile development leader, a certified SCRUM master and SCRUM product owner. Chesley is helping propel the company to the billion-dollar mark, making Infusionsoft one of the most successful technology companies in Arizona’s history.

“Marc was an obvious choice for the inaugural IT Leader of the Year Award,” said Deborah DeCorrevont, president of the Arizona Chapter of SIM. “His leadership of Infusionsoft’s engineering, systems administration and deliverability teams has helped the company innovate at a very high level. Infusionsoft customers are the beneficiaries of software that is expertly developed and actually does what the company says it will. Marc exemplifies the leadership qualities we encourage for all of our members.”

Chesley will be presented with the IT Leader of the Year Award on March 20, 2013 at Infusionsoft’s corporate headquarters located at 1260 S. Spectrum Blvd. in Chandler.

boeing-phantom-ray

It takes fuel to win tech race

Many of us can relate to thinking of Arizona’s economy as an automobile race. To win, you need a smooth race course, a fast car, a winning driver and high-powered fuel.
Carrying that analogy into Arizona’s technology sector, it’s clear that a lot of resources have been invested and progress has been made in building a world-class race course.  We’ve made tremendous strides in creating a business climate and technology environment for facilitating both private and public sector support to address the needs of Arizona’s technology businesses.

The Arizona Technology Council has worked collaboratively with many different technology champions to build this course. Technology issues are supported by the Governor’s office, the state’s legislature, the Arizona Commerce Authority, the Arizona Chamber of Commerce and Industry, and more.

Technology incubators and shared space facilities such as Gangplank in Chandler, Avondale and Tucson; Hackspace and Venture Catalyst at ASU’s SkySong in Scottsdale; BioInspire in Peoria; Innovation Incubator in Chandler; AzCI in Tucson; and AZ Disruptors in Scottsdale are making sure that today’s innovators are being given the right support, tools and environment to create the next big thing.

Collectively, our wins have included the passage of a tax credit for qualified research and development that is the best in the nation, the creation of the first statewide Arizona SciTech Festival and the birth of the Arizona Innovation Institute, to name a few.
Arizona’s technology industry also has great race cars. These are the technologies and intellectual property that create wealth and jobs driven by both Fortune 500 companies and entrepreneurs.  Companies such as Intel, Microchip Technologies, Freescale, ON Semiconductor and Avnet can all be found here.  Nearly all of the largest aerospace and defense prime contractors in the nation are located in Arizona, including Boeing, Honeywell, Lockheed Martin, Northrop Grumman and General Dynamics.

The state’s entrepreneurial spirit is reflected in companies such as WebPT, Infusionsoft, Axosoft, iLinc and Go Daddy that were founded in Arizona along with the many innovators that are coming to the table every day with new ideas rich in technology.

These companies large and small are driven by some of the greatest race car drivers the nation has produced.

But when it comes to fuel, Arizona’s economy has always been running close to empty. We lack the vital capital needed to win the race. Having access to angel investors, venture capital and private equity as well as debt instruments is critical to Arizona’s success.
The situation has not been improving on the equity side of the fuel equation. To offer some relief, the Arizona Technology Council is proposing legislation that would create a system of contingent tax credits to incentivize both in-state and out-of-state investors to capitalize Arizona companies.  This program, called the Arizona Fund of Funds, would allow the state to offer $100 million in tax incentives to minimize the risk for those seeking to invest in high-growth companies.  The state government’s role would be to serve as a guarantor through these contingent tax credits in case the investments don’t yield the projected results.  Expect more information on this important piece of legislation as it advances.

On the debt side of the fuel equation, there are encouraging signs that the worst of the credit crunch may be over. Early-stage companies need access to debt instruments, or loans. Capital is needed for equipment and expansion. A line of credit can help early-stage companies through ongoing cash-flow issues. But loan activity is still modest in Arizona for small companies. It remains heavily weighted toward the strongest corporate and consumer borrowers.

Capital goes hand in hand with innovation, high-paying jobs and cutting-edge technology, products and services. Before Arizona’s economy can win the race, we will need to become more self-sufficient at providing the fuel necessary to be a winner.

Steven G. Zylstra is president and CEO of the Arizona Technology Council.

Infusionsoft - Park Place

Infusionsoft Moving Its Corporate Headquarters To New Chandler Office

Infusionsoft, which creates sales and marketing software for small businesses, is relocating from Gilbert to a new 86,000 SF headquarters in Chandler at the end of this year.

Infusionsoft worked closely with the City of Chandler and the Arizona Commerce Authority to find a new home at Allred Park Place in the Price Corridor. Expecting to grow to 1,000 employees over the next three to four years, Infusionsoft will occupy the entire two-story building.

Willmeng Construction of Mesa is the general contractor and Balmer Architectural Group of Phoenix is the architect. CBRE will handle the leasing of space.

“We invested a great deal of time in our search for the ideal home for Infusionsoft as we continue this next phase of explosive growth,” says Clate Mask, CEO and co-founder of Infusionsoft. “Chandler’s Price Corridor represents a budding center for tech companies and talent. In the City of Chandler and the Arizona Commerce Authority, we’ve found true partners committed to our expansion, and to the success of our small business customers.”

Mayor Jay Tibshraeny of Chandler goes on to say, “Infusionsoft is a perfect fit for Chandler and the high-tech, creative class workforce we continue to recruit. Collaborative partnerships are critical in this knowledge-based economy, and we know Infusionsoft will be a stellar addition to the technology hub being created in the Price Corridor.”

Infusionsoft is rapidly approaching 300 employees, growing its workforce at a rate of 15% per quarter, and is currently hiring across all departments. With more than 32,000 users in 62 countries, Infusionsoft’s Web-based all-in-one-one sales and marketing software helps small businesses get more customers, increase sales and save time.

Infusionsoft integrates CRM, email marketing, e-commerce and marketing automation into one simple-to-use system that helps small businesses automatically market to prospects and customers. In the 1st quarter of this year, Infusionsoft customers captured 11 million leads with the software and $281M in e-commerce dollars were processed through the Infusionsoft shopping cart.

“Infusionsoft is a rising star in Arizona, and the ACA is pleased to see this company realize such success,” said Don Cardon, president and CEO of the Arizona Commerce Authority. “Infusionsoft was one of the first companies to take advantage of Arizona’s Angel Tax Credit to raise seed funding, and subsequent venture capital.  One of the ACA’s main priorities is growing our own — we provide assistance to help Arizona companies expand. Infusionsoft is a marquee employer in a growing industry sector.  The ACA is proud to have them as a partner in Arizona.”

Mask continues, “In this new location, we’ll create a world-class headquarters that represents the vibrancy and innovation of Infusionsoft. It will become the training center for small businesses in Arizona, and worldwide, to get the tools and education to help power their success.”

Working with the developer, Douglas Allred Company, Infusionsoft is creating a remarkable new work environment that will help the company continue to be one of the Best Workplaces in America and a Best Places to Work in the Valley.  The new space is designed to give employees a culture of inclusiveness, innovation and fun. Infusionsoft’s team will occupy the entire building, which is the first major speculative office building to be built in Arizona since 2009.

The Arizona Chapter of FEI held its fourth annual CFO of the Year Awards

The Arizona Chapter Of FEI Held Its 4th Annual CFO Of the Year Awards

The Arizona Chapter of Financial Executives International (FEI) held its fourth annual CFO of the Year Awards on Nov. 4. FEI Arizona presents the CFO of the Year Awards to financial professionals for outstanding performance in their roles as corporate financial stewards. The nominations and awards recognize exemplary financial management in all types of businesses: public, private and nonprofit. An impressive set of independent judges from local business and academia selected the winners based on their contributions to their respective organizations and their involvement in the community. The following CFOs were honored at the event:

Nonprofit CFO of the Year

Mary Jane Rynd Executive Vice President and Chief Financial Officer Virginia G. Piper Charitable TrustMary Jane Rynd
Executive Vice President and Chief Financial Officer
Virginia G. Piper Charitable Trust

 

The talent and drive that Mary Jane Rynd put into becoming the first female partner of a national accounting firm in Arizona is now benefiting one of the state’s largest nonprofits.

As executive vice president and chief financial officer, Rynd she oversees the investment management of the approximately $500 million endowment of the Virginia G. Piper Charitable Trust. She also supervises the trust’s investment consultants and staff in the investment committee of the board of trustees.

For more than a decade before Virginia Piper’s death, Rynd served as the philanthropist’s tax adviser. As a result, Rynd has a full understanding of Piper’s approach to her philanthropy — and translates that every day into the work and spirit of the trust.

“I think I’m really lucky, because the people that I work with are highly motivated, extremely good professionals,” Rynd said.

Among her achievements at the trust is the identification, purchase and complete renovation of the nonprofit’s current offices. Over the past four years, she also has managed the diversification of the trust’s investment portfolio.


Private Company CFO of the Year

Tim Einwechter Chief Financial Officer Ascent Healthcare SolutionsTim Einwechter
Chief Financial Officer
Ascent Healthcare Solutions

 

In his 13 years as chief financial officer, Tim Einwechter has guided his company from a small startup to the $160 million corporation it is today.

When Einwechter began his tenure at the company that was then known as Alliance, he had to deal with cash shortages and other various financial struggles. He aggressively pursued investment capital that allowed the medical device company to take advantage of opportunities in its market. He also initiated a merger in 2005 that allowed the organization to continue growing, and played a key role when Stryker Inc. acquired the company, now known as Ascent Healthcare Solutions, in 2009.

“Life as CFO is not one of simply saying no,” he said. “Rather, it is one of bringing sense of reason to the discussions, understanding the business drivers and supporting what is important to drive the success of the business.”

Beyond the financials, Einwechter is committed to maintaining the ethics that make Ascent a success. In fact, the company’s mission statement of “Results, Integrity, and Quality” was coined by him. Einwechter’s understanding of what makes a business successful, along with a strong focus on ethical behavior, has created a shared ownership of the company’s commitment to integrity.

Most Admired Companies - AZ Business Magazine Sept/Oct 2010

2010 Most Admired Companies Award Winners

Arizona Business Magazine and BestCompaniesAZ are honored to unveil the winners of our inaugural Arizona’s Most Admired Companies Awards.

With 43 winners, we think you’ll agree the awards selection committee has done an outstanding job in determining some of the most admired companies in our state.  Our primary goal in developing this program was to find those organizations that excel in four key areas: workplace culture, leadership excellence, social responsibility and customer opinion.  This list features the most prestigious companies in our state, providing us the opportunity to learn from the best.

Adolfson & Peterson Construction
Headquarters: Minneapolis
Year Est.: 1991
No. of Employees in AZ: 69
Recent Award: AIA Kemper Goodwin Award – 2009
WEB: www.a-p.com

AlliedBarton Security Services
Headquarters: Conshohocken, Penn.
Year Est.: 1957
No. of Employees in AZ: 1,047
Recent Award: Brandon Hall Research Award for Best Integration of Learning and Talent Management – 2009
WEB: www.alliedbarton.com
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American Express
Headquarters: New York
Year Est.: 1850
No. of Employees in AZ: 7,219
Recent Award: Fortune Magazine’s Most Admired Companies – 2010
WEB: www.americanexpress.com
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Arizona Charter Academy
Headquarters: Surprise
Year Est.: 2001
No. of Employees in AZ: 61
Recent Award: Elks Lodge Community Partner of the Year – 2010
WEB: www.azcharteracademy.com
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Banner Health
Headquarters: Phoenix
Year Est.: 1999
No. of Employees in AZ: 27,528
Recent Award: Gallup Great Workplace Award – 2009
WEB: www.bannerhealth.com
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BeachFleischman PC
Headquarters: Tucson
Year Est.: 1991
No. of Employees in AZ: 104
Recent Award: Accounting Today’s Best Accounting Firms to Work For – 2009
WEB: www.beachfleischman.com

To buy a print version of the 2010 Arizona’s Most Admired Companies
go to MagCloud.com

Arizona's Most Admired Companies November-December 2010