Traklight Lands Loan From Arizona Innovation Accelerator Fund

Phoenix-based software developer Traklight, which is developing a service to help people protect their intellectual property through an online, time-stamped repository for files and other IP, said it has received a loan from the Arizona Innovation Accelerator Fund (AIAF). The size of the loan, and terms, were not announced. The startup said the funding will go towards hiring its first full time employee and to increase product developer hours on its software.