SkySong, The ASU Scottsdale Innovation Center is a dynamic commercial hub that’s not only enriching its tenants’ businesses but the Valley’s local economy as well. In fact, two of its tenants, NeoLight and HomeLight, plan on expanding their footprint in the coming months via larger spaces. Read our article below to learn more about these two companies and what a larger space means for them and our community.
Who is NeoLight?
NeoLight, a technology company that developed a device to eradicate neonatal jaundice, began as a startup in 2014 as the brainchild of four Arizona State University master’s degree students. They discovered a novel light therapy for infant jaundice, a condition that occurs in 60% of infants worldwide, to reduce treatment time significantly and provide the ability to treat from home.
The company started inside SkySong and continues to lease space here today. ASU’s Edson Student Entrepreneur Initiative awarded them a $7,000 grant and a desk at SkySong to pursue their idea. The NeoLight team then built the product from the ground up while at SkySong, validated the product through clinical testing at Dignity Health and Phoenix Children’s Hospital, and began raising funds successfully.
Recently, NeoLight announced its acquistion of Phoenix Technology Group LLC, a leading provider of advanced ophthalmic imaging devices, including a telemedicine platform for retinopathy of prematurity (ROP) screening, a leading cause for blindness in premature infants. This acquistion will expand NeoLight’s product portfolio to include ocular devices like Phoenix ICON™, Phoenix ICON™ GO, and the telemedicine platform Phoenix CONNECT™.
Who is HomeLight?
HomeLight is a real estate technology company transforming the home buying and selling process for top real estate agents and their clients. Recently, they announced it has moved its headquarters to the company’s offices in the SkySong Center after previously being headquartered in San Francisco.
HomeLight has now expanded its existing SkySong footprint by 10,000 square feet to support the hiring of up to 300 employees in the region over the next 6-12 months. The expansive 25,000-square-foot space in SkySong 2 is HomeLight’s largest office in the United States and serves as an operational hub for the company’s customer service, sales, and title and escrow divisions.
What Does This Mean for Our Community?
To put it simply, it’s a sign of what’s to come. Phoenix is experiencing a boom in population and significant growth in a wide variety of industries. These two companies are setting an example to other organizations making a move to Phoenix and SkySong as a result of their success. A larger space for these companies means:
- More space for a larger workforce
- Better productivity
- More room for innovation
- And so much more
Start Your Partnership with SkySong
Want to find great success like HomeLight and NeoLight? Become a tenant at SkySong! We facilitate some of the most cutting-edge companies around the world to foster an environment for innovation and collaboration. Ideally situated in beautiful Scottsdale, Arizona, SkySong is just minutes from the ASU Tempe campus, major freeways, and Phoenix Sky Harbor International Airport. Contact us today to learn more about this incredible commercial property and how you can become a tenant today!