The annual Invest Southwest Capital Conference formerly known as the Arizona Venture Capital Conference and the Arizona Angel Investment Conference announced the top company of conference and winner of the $200,000 prize. The conference’s goal is to link startup companies with investors. This year’s winner was FreshBrew Inc., a Phoenix-based company. The company is developing software that makes it easier to make web-based digital media presentations without coding.
FreshBrew was one of 14 firms that was selected to present at the conference. Other companies included Scottsdale-based Career Tours, Tuscon-based LiPoint which develops nasally delivered drug products and Novo Technologies, a Tempe-based firm that allows bars to digitally monitor their liquor use.
FreshBrew was started in 2003 by Don Pierson who is best known as one of the founders of the e-learning company, Learning-Edge. The company also received a boost when Pat Sulivan, founder of Sales Logix and ACT!, agreed to be the CEO.
FreshBrew reported that it had recently signed a term sheet for equity financing with the Menlo Park based venture capital firm, Sierra Ventures. The amount was not disclosed. The conference did help connect venture capital to new companies.
John Laub is the Founder of the CEO-CFP Group.
1. “Tech Startup Gets Lift at Conference: Software Maker Receives a $200,000 Investment.” Andrew Johnson. The Arizona Republic. December 15, 2007.
2. www.freshbrew.com
3. www.investsouthwest.org
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