Angel Investing, Entrepreneurship & Learning

Brock Blake blogs…

Latest “Hot” Utah Deals

In keeping up with my latest tradition, I’d like to share a few companies that I have met with (through my role at FundingUniverse obviously) recently that, to me, are the latest and greatest Utah up-and-coming companies. In no particular order, we have:

  1. Global Tech: GT was the highest rated pitch at our last SpeedPitching event and was immediately asked to present at a couple of Utah’s angel group meetings. It may be a little difficult to explain Global Tech, but I’ll do my best. The technology that they have developed can measure (very, very accurately) the volume of liquid in any container at any time. For example… right now, if you’d like to measure the volume of gas in those huge tanks, someone has to travel to the tank, climb on top of the tank, measure the level of gas, (etc. etc. etc. — you get the idea — it’s a pain in the butt). GT’s technology can measure the change in volume (by the mL) by simply dropping their technology into the tank and monitoring it from the computer on the desk. The founders of GT have been working out of their garage (for the past 3 years) doing their best to build their prototype — and it appears that the R&D is complete and ready to go to market. GT is in a good situation bc gas & oil companies from across the US have been knocking on their door trying to get the product.
  2. Jive Communications: Jive is an up-and-coming full-service VoiP provider for businesses here in Utah. It was started by a fellow Junto partner and they have been steadily growing over the past 1.5 years. We have used their service at FundingUniverse and have been very happy from the beginning. The VoiP market is so fragmented that there will certainly be some consolidation/roll-up a few years down the road — and I’d bet that Jive will be an attractive target. If you are looking for a great phone service for an affordable price — you’ll want to check out Jive.
  3. ISYS Technologies: This company is the brain child of a brilliant techy named Jason Sullivan. 7 years and 3 patents later, Jason has made a significant advancement with the modern computer. Instead of trying to explain, I’ll recommend watching this video/demo.

A few others that I like too:  Mountain West Energy, Green List, and Innovative Showing Solutions.

Keep your eye out for great things by these companies. If there are any others that we should know about, let me know.

Comments

  1. Chris
    December 14th, 2007 | 8:34 am

    Man those are hot deals so I wonder if the local angel’s will give them “Silicon Valley terms”? You know they only do when deals are “hot” ;)

    Great post! I love to see the innovation in Utah and I love the value that Funding Universe brings to the local entrepreneur and angel community.

    Keep up the good work!

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