socalTECH

JANUARY 7, 2015

Local angel groups have hit the jackpot again with an investment, this time with the October acquisition of Pasadena-based Bluebeam in a $100M deal by German software company Nemetschek AG. The Tech Coast Angels and the Pasadena Angels revealed today that their return on Bluebeam was 20x for angels who participated in funding Bluebeam.

Tech Coast Angels 100

Tech Coast Angels Pasadena Angels .Net Angel 100

socalTECH

JUNE 8, 2015

Mindbody is selling 7,150,000 share of its stock in its IPO, which would net $123.3M The company is venture backed by Bessemer Venture Partners, Catalyst Investors, Institutional Venture Partners, W Capital Partners, and J.P. Morgan, along with the Tech Coast Angels, Frontera Capital, and the Pasadena Angels.

Tech Coast Angels 100

Tech Coast Angels Pasadena Angels .Net Pasadena 100

socalTECH

JUNE 25, 2009

Los Angeles-based XCast Labs (www.xcastlabs.com) announced earlier this month that it has raised a $2.7M round of funding from the Pasadena Angels and Frontera Capital for a voice-over-IP service, and we thought we'd talk with Cliff Rees, the firm's CEO, to understand how the firm is different from those many providers.

IP 165

IP Pasadena Angels Pasadena Los Angeles 165

Steve Reich

JULY 20, 2013

New SEC regs will destroy your ability to raise capital. Worse yet, Angels will no longer be able to “self certify” as accredited investors–we will have to show W2′s or proof of our net worth, and most of us will never be willing to share such personal information. Why is all this happening?

Pasadena Angels 45

Pasadena Angels Pasadena .Net Writing 45