The Arizona tech scene has grown tremendously over the past two years and is now home to many of the largest technology companies in the U.S. Each year, it seems there is a new success story about a local company that has made it big in one way or another. In fact, according to Built-in Arizona, Arizona’s top 20 fastest-growing technology companies have doubled since 2007.
From Google and Apple to Uber and Airbnb, Arizona has become an attractive location for tech companies to shop in recent years. In fact, in 2016, the state was ranked 8th for its concentration of high-tech jobs in the U.S., with more than 300,000 people employed in this industry alone.
The Largest Tech Companies by Revenue
|Insight Enterprises||US $8.39 Billion|
|Microchip Technology||US $5.44 Billion|
|Amkor Technology||US $4.19 Billion|
|GoDaddy Inc.||US $3.32 Billion|
The Largest Tech Companies by Employee Count
|Company||No of Employees|
|Limelight Networks||600 -1000|
The Largest Publicly Traded Tech Companies
|Microchip Technology Inc (MCHP)||$36.90 Billion|
|GoDaddy Inc (GDDY)||$13.59 Billion|
|Amkor Technology Inc (AMKR)||$4.7 Billion|
|Insight Enterprises Inc (NSIT)||$3.465 Billion|
Which Tech Companies Were Founded in Arizona?
1. Amkor Technology
Amkor Technology (NASDAQ: AMKR) is a leading provider of semiconductor packaging and test services to semiconductor companies and electronics OEMs. Amkor’s customer base includes many of the world’s leading semiconductor companies and a growing number of emerging technology companies. Amkor offers advanced semiconductor packaging and test services that help customers accelerate their time to market.
Amkor Technology is a semiconductor company based in Chandler, Arizona. The Tempe-based tech firm was founded in 1968 as a subsidiary of Motorola. In 1997, it was spun off as an independent company and went public on the NASDAQ exchange in 1998.
In 2005, it acquired two major semiconductor companies — Singapore-based STATS ChipPAC Ltd. and Korean-based Anam Semiconductor Inc., making it one of the top three global providers of outsourced semiconductor packaging services.
The company established itself as a leader in chip packaging and assembly. It has more than 12,000 employees and operates facilities worldwide. In 2017, it had revenues of $3 billion.
The Founding of Amkor Technology: How it Happened
In the early 1980s, when semiconductor manufacturers were struggling to meet the demand for their products and needed a new way of building chip components, a group of engineers at Texas Instruments (TI) came up with a revolutionary idea.
The engineers, led by TI’s vice president of manufacturing, had watched the company grow from less than 20 employees to more than 1,200 during the 1960s. They knew that to continue growing, TI would need to find another way to make its chips. The engineers decided to build their own “fab” — short for “fabrication plant” — where chips could be built in large quantities.
When the team presented their plan to TI’s management, they were told the idea was too risky, and there wasn’t enough money in the budget. So they did something that no one else in the company had done before: they quit their jobs and went out on their own.
They began working out of an old schoolhouse north of Dallas in Richardson, Texas. They called themselves Amkor Technology Inc., which stands for American Micro-circuit Company (the original name of TI). One year later, they moved into a building in downtown Dallas and started making chips.
GoDaddy is the world’s largest domain registrar, with over 18.5 million domain names that it manages. The company hosts more than 11 million websites, according to GoDaddy itself, and serves more than 17 million customers.
The History of GoDaddy: What to Know
GoDaddy was founded in 1997 in the United States by Bob Parsons, a serial entrepreneur. He had previously sold two other companies before launching Big Daddy in 1997, which changed its name to Go Daddy Group Inc. in 1999. Its first headquarters was in Scottsdale, Arizona. By 2001, Parsons had funded GoDaddy entirely on his own through cash flow from his other businesses and had sold $7 million worth of domains. He wanted to expand his business but needed an investor and found one in the form of Ted Leonsis from AOL. With Leonsis on board, Parsons was able to raise some additional capital for his company.
After several years of growth and expansion, including multiple acquisitions of smaller companies like Outright and Locu, GoDaddy went public in 2015 at $20 a share.
Today, the GoDaddy Group has grown beyond just domain names to include dozens of individual web products and services for small businesses and entrepreneurs. But its success hasn’t been without controversy. While Parsons was CEO from 1997 to 2011, he received both praise and criticism relating to his business practices as well as his personal life.
After attending college at Brigham Young University and studying computer science, Bob Parsons moved to Scottsdale and worked for IBM as a software engineer. He says he got his entrepreneurial spirit from his mother, who started a catering business in high school. In 1997, Parsons left IBM to become an Internet entrepreneur with three friends. The group formed several companies before creating GoDaddy, which officially launched in 1999.
The name came from a combination of God and goodbye—and it proved accurate: GoDaddy has since grown into one of the largest domain name registrars in America. It’s also been named one of Forbes’ most admired technology companies, made Inc. Magazine’s list of fastest-growing private companies in America, and appeared on Fortune’s list of top workplaces every year since 2008.
What are The biggest Tech Companies Located in Arizona?
1. Insight Enterprises
Insight Enterprises, Inc. is the largest provider of information technology (IT) solutions to businesses in Arizona. The company provides a broad range of IT solutions, such as managed and professional services, cloud solutions, systems integration and consulting, security solutions, and telecommunications.
Insight had previously focused on providing technology and services for the telecommunications industry. Still, as VoIP and cloud infrastructure grew in popularity, it made sense for the company to evolve with the times. In 2013, Insight Enterprises purchased a building at 100 N. First St. in Phoenix’s Warehouse District; an area already home to many tech businesses. This move enabled it to expand its product offerings and its workforce.
The History of Insight Enterprises: What to Know
Insight Enterprises, Inc. has been providing technology solutions to businesses of all sizes since 1988. The company was founded by two brothers, Eric and Tim Crown, who wanted to bring their passion for service and dedication to excellence to a broader audience.
Insight is considered one of the industry’s most innovative providers of information technology (IT) infrastructure solutions. Since 1988, the company has provided business solutions that enable clients to achieve business success. Insight Enterprises is an award-winning global provider of IT solutions, equipment, and support services.
The company provides millions of dollars in end-user technology solutions annually, serving more than 60,000 resellers and hundreds of thousands of customers worldwide. Insights’ products include hard drives, storage, and software solutions; computer systems; servers; notebooks; printers; LCD projectors; IT security hardware and software solutions; wireless devices, including wireless access points (WAPs) and digital video recorders (DVRs); as well as software products for network management. Insight also provides comprehensive logistics services through its extensive distributor channel network throughout North America, Europe, Asia Pacific, and Latin America.
The Founding of Insight Enterprises: How it Happened
When Tim Crown founded Insight Enterprises in 1988, he had a simple mission: to help businesses use technology to solve problems. That’s not much different than their mission today. What has changed is the scale of work, market, and the breadth of solutions the company offers.
Insight Enterprises grew quickly, adding consulting services and then computer equipment sales. It was among the first companies to sell PCs online — they actually did it before Amazon was around — but the biggest growth happened when they began to sell IT infrastructure products like servers and storage products.
Today, Insight has nearly 6,000 employees worldwide who provide technical expertise to more than 40,000 clients across the globe. In 2018 alone, they helped businesses manage $11 billion worth of IT infrastructure and software purchases through their services. This meant that computers could get twice as powerful for half the price roughly every two years. And since then, this prediction has held true for more than 50 years.
Limelight Networks is an American content delivery network (CDN) and cloud service, provider. The company was founded in 2001, is headquartered in Tempe, Arizona, and has offices worldwide. Limelight was the first company to offer a commercial CDN service.
Limelight provides web content and software delivery services and lives and on-demand streaming of audio/video programming. It also offers infrastructure services such as cloud computing, application hosting, and cloud storage services.
The company’s services are used by over 1,500 organizations, including major media companies like Disney, Netflix, Twitter, and ESPN, as well as government agencies.
The History of Limelight Networks: What to Know
Limelight Networks was founded in 2001 by Michael Gordon, Bill Rinehart, and Hari Ravichandran. All three were former employees of Digital Island who decided to strike out on their own and create a new business. The original plan for the company was to take advantage of the opportunities provided by peer-to-peer technology.
The company quickly expanded and started offering other products, including one designed specifically for video delivery over the Internet. This was an essential step forward because it allowed people to watch videos online without worrying about bandwidth issues or slow connections. In October 2017, Limelight Networks was recognized on Streaming Media’s List of “100 Companies that Matter Most in Online Video.”
The Founding of Limelight Networks: How it Happened
Limelight Networks was founded in 2001 by a group of serial entrepreneurs who saw an opportunity to build a technology company whose sole purpose would be to advance state of the art in Internet bandwidth. The founders believed there was great value in moving people onto a new generation of networking infrastructure, which would offer more speed, more reliability, and new capabilities such as video on demand.
Toward that end, Limelight built some of the Internet’s highest performance network infrastructure and designed it so service providers could deliver their services to their customers with exceptional quality and low cost.
Although Limelight has faced challenges over the years (including a technology bubble and market shifts), it has managed to adapt while continuing to focus on its core mission: building high-performance networks with reliable and secure operations and delivering those networks at low cost so service providers can make their services available to end-users at compelling prices.
What Are The Largest Private Tech Companies In Arizona?
Arizona’s largest private tech company is WebPT, a physical therapy software company founded by Brad Jannenga and Heidi Jannenga in 2005. WebPT has 800 employees and a revenue of $42 million this year. According to Pitchbook, the company started with $4 million in venture capital funding and has raised more than $60 million from investors.
The History of WebPT: What to Know
WebPT was founded in June 2008 by Heidi Jannenga and Brad Jannenga. After spending years working as a physical therapy professional, Heidi identified an opportunity to improve the business of healthcare through technology. However, she soon realized that the existing software platforms available at the time were cumbersome, expensive, and didn’t address her needs—so she decided to build her own. Her husband, Brad, shared her vision. Both had experience with software development and decided to unite their passions for technology and healthcare by creating WebPT.
In June 2008, Heidi and Brad officially launched WebPT from a spare bedroom in their Phoenix home with one employee: WebPT’s first customer service representative (CSR). In October 2008, WebPT moved out of its home and into its first office space in Scottsdale. A year later, the company added its first software engineer—and shortly after that, it expanded its office space to accommodate the growing team.
The Founding of WebPT: How it Happened
In 2007, Heidi Jannenga had a dream: to build the leading web-based practice management solution for physical therapists. So, she and her co-founder started talking, they consulted with some industry experts, and they got to work. The idea behind WebPT was to create a website that offered physical therapy information, community, and resources. All of these services would be housed under one digital roof. WebPT has since exploded into a multimillion-dollar company offering cutting-edge technology in clinics and at home.
DDC-I, Inc. is a leading software and professional services supplier for mission- and safety-critical applications. With a heritage of more than 30 years, DDC-I provides software development tools, real-time operating systems, software integration and management tools, embedded hypervisors and development, and run-time environments for C, C++, and Ada application development. DDC-I offers comprehensive solutions for safety-critical applications in the aerospace, defense, medical and industrial markets.
The History of DDC-I: What to Know
DDC-I was founded in 1982 by two former Honeywell executives, Bill Neifert and Don Riley, who were determined to give the embedded software community a better alternative to VxWorks. While VxWorks was a significant step forward for the industry at the time, it lacked the reliability and safety features that customers required for their critical systems.
DDC-I’s founders saw an opportunity to provide a more appropriate choice for mission- and safety-critical applications, particularly in the aerospace and defense market. They envisioned a customizable, extensible, portable, scalable, and reliable solution.
From its inception, DDC-I has focused on delivering real-time operating systems (RTOSs) and development tools to help system designers meet their cost, performance, and schedule goals. Their goal is to provide customers with products that are easy to use, customize and integrate into their systems while also providing excellent technical support.
The Founding of DDC-I: How it Happened
DDC International A/S originated in the Dansk Datamatik Center, a Danish software research and development organization founded in 1979 to demonstrate the importance of formal methods in the design and development of software. It created a compiler system for the Ada programming language, among other projects. Ada was a challenging language to implement, and early compilers often disappointed. The DDC compiler’s design was solid, and it passed the United States Department of Defense-sponsored Ada Compiler Validation Capability (ACVC) tests on a VAX/VMS system in September 1984. As a result, it was the first Ada compiler in Europe that met this standard.
The success of the Ada project led to the formation in 1985 of a separate company that was to commercialize the Ada compiler system. DDC-I primarily focused on sales, customer support, and engineering consulting activities in the United States.
What Are The Largest Publicly Traded Tech Companies In Arizona?
Microchip Technology Inc. (MCHP) manufactures integrated circuits and semiconductors for a wide diverse range of applications. The company’s products are used in systems and equipment for automotive, industrial, consumer, computing, communications, healthcare, aerospace and defense, and transportation markets. The company operates in two operating segments: Microcontroller and Analog.
The History of Microchip Technology Inc.: What to Know
Microchip Technology Inc. (NASDAQ: MCHP) shares have seen a considerable rise in the last couple of years. The company has been on a steady incline since its IPO in 1990, but it took more than two decades to achieve a $1-billion market capitalization. Since hitting that milestone, though, MCHP stock has continued to climb, and it’s now trading at a market cap of nearly $6 billion.
The Founding of Microchip Technology Inc.: How it Happened
The history of this company began in the year 1969 when Dr. Robert Noyce and Jay Last created a company called Integrated Circuits International (ICI). This company was later renamed to Intel Corporation in the year 1971. During that same year, three former employees of Intel created a new company called Microchip Technology Inc. This included Mike James, John Carey, and Jack Gifford. In 1982, Mike James left Microchip Technology Inc to join National Semiconductor. During this time, Jack Gifford also left to join LSI Logic Corp. Both companies became competitors for Microchip Technology Inc. Today, Microchip Technology Inc is one of the largest microcontroller manufacturers globally and is based in Chandler, Arizona.
What Are The Forgotten Tech Companies In Arizona?
Infusionsoft is a sales and marketing automation tool used by small business owners to sell more and grow their businesses. Tailored to fit almost any business model, Infusionsoft empowers users with the ability to create customized workflows, email marketing campaigns, landing pages, website forms, and mobile apps.
The History of Infusionsoft: What to Know
Infusionsoft started as a company called Aulx Software, founded in 2001. The founders were brothers Clate and Scott Mask. In 2010, the company was renamed Infusionsoft. This was in response to the company changing directions, from selling customer relationship management (CRM) software to marketing automation software.
Today, the focus is on small businesses. Infusionsoft is one of the leading email marketing software providers for small companies.
In 2012, Infusionsoft raised $54 million in funding from Goldman Sachs and several other investors.
In 2014, the company launched Infusionsoft by Keap — a new pricing model offering different levels of service and support to customers depending on their needs. On January 16, 2015,
The Founding of Infusionsoft: How it Happened
In the beginning, Infusionsoft’s key focus was to be a sales platform for small companies. They were founded by two tech entrepreneurs who had trouble finding a sales and marketing solution to help their business.
Infusionsoft started as an email marketing platform and grew into what it is today. A sales and marketing platform that helps small businesses achieve their goals. Today they are still focused on small businesses. They have developed into a full-fledged CRM system that works seamlessly with other ecommerce platforms, accounting software, and other apps designed to help small companies thrive.
Today, Infusionsoft is used by more than 100,000 small businesses in over 100 countries worldwide and manages over $9 billion in annual revenue for those clients.