State Investment Helps Movista Continue Growth

Mark Carter, InnovateArkansas.org


Movista was featured in Arkansas Business on September 25th, 2014 in an article titled, “State Investment Helps Movista Continue Growth”.

Thanks to funding from the Arkansas Science & Technology Authority’s Seed Capital Investment Program in Movista and our mobile management and execution solution for remote workforces, we are able to attract and hire the best talent. Not only does this ability allow us to grow internally; it also provides jobs and contributes to the future development of our surrounding community.

Article Excerpt:
Less than five years out from its founding in Bentonville, Innovate Arkansas client firm Movista continues to grow as one of the state’s “million dollar plays.”

International entrepreneur and investor Permjot Valia of London included Movista in his 2013 assessment of the state’s significant startups, and Movista now has grown its full-time staff to 25 employees.

That growth, accelerated throughout 2012, was bolstered by an $82,000 investment from the Arkansas Science & Technology Authority’s Seed Capital Investment Program which preceded a $550,000 funding round.


“In a technology firm, architects, developers and technologists determine your success,” he said. “The funds from ASTA have allowed us to get more and better employees and send our product and company into a different realm than might otherwise have been possible.”

Zylowski said Arkansas is gaining a national reputation among techies thanks to state investments in companies like Movista through programs like ASTA’s seed capital investments.


To read the full article click here.