Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors

Tallwave : Shows Record Growth and Portfolio Success in 2015

12/16/2015 | 11:21am EDT

SCOTTSDALE, AZ--(Marketwired - Dec 16, 2015) - Tallwave, an Arizona-based innovation services company that helps new and growing technology companies build products and take them to market, today announced record growth in revenue and clients served in 2015. The company is also proud to announce record success for several of its portfolio companies.

Tallwave's mission -- to help turn great ideas into commercial successes -- hasn't been felt more strongly in the Valley and beyond than it was in 2015. Over the course of the year, the company realized a 100 percent year-over-year growth rate, expanded its leadership team and offices, and supported numerous innovative companies in bringing their concepts to market.

"At the start of this year we set out to rebrand and refine our service offerings, and we're happy to report it has proven a good shift for Tallwave and our portfolio companies," said Jeffrey Pruitt, CEO and co-founder of Tallwave. "We introduced an end-to-end software product development service that enables clients to not only build their products, but build their business in the process. This provided clients a way to leverage our expertise in building new ventures resulting in a year of record growth for Tallwave."

Tallwave's portfolio companies have also reached record achievements in 2015, including:

Ethology. A digital marketing agency based in Scottsdale, Ethology finished the year with 20 percent growth. The agency signed numerous top-tier clients including Farmers, Culligan and American Signature/Value City Furniture, and also created 12 new jobs.

Shelvspace. Shelvspace is a cloud-based sales platform for consumer packaged goods (CPG) companies. Fully launched in 2014, it is already used by more than 75,000 U.S. grocery and convenience store representatives. To manage the growth, the company expanded its team.

SOOH Media. SOOH Media is an interactive photo kiosk for brands and venues, expanded and reached new heights in revenue. The company expanded into the Los Angeles market and added several global brands to their portfolio, including Pepsi, W Hotels, Fry's Groceries, Cox, and iHeartMedia.

SyCara Local. In 2015, SyCara, a local SEO management tool, was acquired by SIM Partners, a location-based marketing platform based in Chicago.

Tallwave Capital. Launching with a $13.15-million investment fund in late 2014, Tallwave Capital hired Principal Nate Mortensen to manage the investment fund in June 2015. Throughout the year the fund has invested in fast-growth technology companies in Arizona and in the Western U.S. A few notable investments include Pure Chat, Allbound, Picmonic, Iris PR Sofware, Shelvspace, Chalk Digital, Local ID, and more.

In addition to growth in revenue and clients, Tallwave expanded its offices to Portland, Oregon. The company also made additional investment into its own team by promoting Ed Borromeo to COO, Scott Williams to lead engineer, and leadership promotions in marketing, client management, and design for Tanner Tegtmeyer, Hannah Rosen, Chelsea Winkle, and Paul Van Tuyl.

About Tallwave
Tallwave helps innovative teams transform ideas into successful business ventures by building great products and getting them to market with a better chance of success. The innovation services company provides a full suite of solutions including product development, prototyping, UX and visual design, positioning and branding, and customer acquisition. Tallwave is headquartered in Scottsdale, Ariz. Learn more at www.tallwave.com.


© Marketwired 2015
Latest news "Companies"
09:12aASTRAZENECA : Enhertu reduced the risk of disease progression or death by 72% vs. trastuzumab emtansine (T-DM1) in patients with HER2-positive metastatic breast cancer
PU
09:07aSHANGHAI ELECTRIC : Ranks 51st on ENR's 2021 Top 250 International Contractors List
AQ
09:07aDAIICHI SANKYO : ENHERTU® Reduced the Risk of Disease Progression or Death by 72% Versus Trastuzumab Emtansine (T-DM1) in Patients with HER2 Positive Metastatic Breast Cancer
BU
09:07aASTRAZENECA : ENHERTU® (fam-trastuzumab deruxtecan-nxki) reduced the risk of disease progression or death by 72% vs. trastuzumab emtansine (T-DM1) in patients with HER2-positive metastatic breast cancer
BU
09:06aMERCK : KEYTRUDA® (pembrolizumab) Plus Chemotherapy With or Without Bevacizumab Reduced Risk of Death by One-Third Versus Chemotherapy With or Without Bevacizumab as First-Line Treatment for Persistent, Recurrent or Metastatic Cervical Cancer
BU
09:06aMERCK : KEYTRUDA® (pembrolizumab) Demonstrated Superior Recurrence-Free Survival (RFS) in Patients With Resected High-Risk Stage II Melanoma Compared to Placebo in the Adjuvant Setting
BU
09:02aWINTRUST FINANCIAL : Follow These 5 Steps To Make Changing Banks Easier
PU
09:02aESMO CONGRESS 2021 : Efficacy and Safety of Poziotinib in Treatment-naïve NSCLC Harboring HER2 exon 20 Mutations: A Multinational Phase 2 Study (ZENITH20-4)
PU
09:00aUK business minister meets energy bosses over soaring gas prices
RE
08:46aSPECTRUM PHARMACEUTICALS : Presents Late Breaker Oral Presentation of Poziotinib Data in First-Line NSCLC Patients with HER2 Exon 20 Insertion Mutations at ESMO Congress 2021
BU
Latest news "Companies"