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Los Angeles-based Ranker , the online rankings website where consumers can rank anything they like, has scored a new round of funding, in an inside round. The funding came from Siemer Venture Capital, Rincon Venture Partners, Draper Associates, the Tech Coast Angels, and the PasadenaAngels, according to CEO Clark Benson.
In a world with a rash of startup incubators and accelerators, super angels, crowdfunding sites, and more, what''s the relevance of organized angel investments groups? First off, for those not familiar with the PasadenaAngels, talk about the group? He started the group because he wanted to help companies succeed.
The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M billion has been invested in the region via venture capital. was raised.
According to Cadence Biomedical , the Tech Coast Angels are among a number of new investors in a $1.1M, Series A2 funding for the company. The funding was led by HealthTech Capital, and also included the Sand Hill Angels, Tech Coast Angels, ACE Fund, Frontier AngelFund, WINGS, Alliance of Angels, and Keiretsu Forum Northwest.
The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M billion has been invested in the region via venture capital. was raised.
Mission Viejo-based OptionEase , the developer of software-as-a-service for tracking stock options and equity, as well as valuation and compliance, has been acquired by Solium Capital Financial terms of the buy were not disclosed. Solium Capital is a developer of cloud software for equity administration, financial reporting and compliance.
The PasadenaAngels , one of the most active organized angel investment groups in the Los Angeles area, released some details on the groups'' 2014 performance over the holidays, saying that it saw a total of four exits--including a $100M exit over at Bluebeam --and closed 17 deals during the year. READ MORE>>.
Altadena-based TripTrotting , an online community that helps world travelers find hosts, has scored a Series A round of funding, according to sources close to the firm. The funding came from Idealab's New Ventures Group. Details on the funding, and size, have not yet been announced by the startup.
Los Angeles-based Atlas Powered , a developer of software for managing calendar, task, and contact data on iOS and Android, has raised $700,000 in a funding round, the firm said today. According to Atlas Powered, the funding will go towards development and commercialization of its app for iOS and Android.
Glendale-based MyShape , which operates an online retailer focused on matching women to clothing based on their body type, confirmed this morning that it has raised a third round of venture funding. Amount of the funding round was not disclosed, although a regulatory filing last week placed the round target at $12.1M. READ MORE>>.
The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report were released today, finding that a total of $683.7M The funding brings Southern California's total 2012 investments to $3.2 billion in venture capital. The funding brings Southern California's total 2012 investments to $3.2
Pasadena-based Rockoco , a spinout of Caltech, has raised $1.5M in a funding round, according to lead investor the PasadenaAngels. According to the firm, it will use the funding to move the firm out of its current home at Caltech into its own facility.
The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. Image courtesy Bigstock. READ MORE>>.
According to the PasadenaAngels, one of the investors in the firm, the round also included the Tech Coast Angels and un-named venture capital firms. The PasadenaAngels said the funding will go towards expanding and growing Ondax's optic solutions. READ MORE>>.
Bolstering Freebinar's efforts is new funding from the PasadenaAngels and the Tech Coast Angels. Financial details of that funding were not disclosed, however, CEO Costin Tuculescu confirmed that it just saw a first close on its Series A.
San Luis Obispo-based Mindbody Software has confirmed that it has raised $14M in a new funding round for the firm's health and wellness business management software. The firm is headed by Rick Stollmeyer, and has also received backing from the PasadenaAngels, Tech Coast Angels, and Frontera Capital. READ MORE>>.
Los Angeles-based Ranker , the online site which lets users rank, view, vote, and share their opinions on a wide range of topics, announced today that it has raised $2M in a follow on investment round. media social opinion voting crowd ranking capital venture ranker' READ MORE>>.
Pasadena-based LeisureLink , which operates an online marketplace and service for vacation rental booking, has raised $3.5M in a funding round. Details on the funding have not been announced by the firm. Tags: leisurelink vacation rental travel venture capital. READ MORE>>.
billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 Southern California venture totals for Q3 totaled around $1.0
MyShape had raised north of $36M in funding from such investors Draper Fisher Jurvetson, Lehman Brothers Venture Partners, PasadenaAngels, Tech Coast Angels, and Tenaya Capital.
Wednesday, March 21, 2012 -- Start-Up Funding In Southern California. Panel includes Ray Chan, Managing Partner at K5 Venture Partners; Anil Tammineedi, Vice President at Angeleno Group; Kiran Rao, Associate at Vicente Capital Partners; Al Schneider, Co-Founder and Past Chairman of PasadenaAngels.
in a new funding round. Source of the new funding was not disclosed, however, the firm has previously raised capital from Bessemer Venture Partners, Catalyst Investors, Tech Coast Angels, PasadenaAngels, and Frontera Capital. The disclosure came via a regulatory filing from the firm.
Monrovia-based Ondax , a manufacturer of volume holographic grating filters and lasers, said Tuesday that it has officially closed its $2.2M, Series E funding round. The round was led by Prospector Equity Capital and Arcturus Capital, and also included the PasadenaAngels and Tech Coast Angels.
San Luis Obispo-based MINDBODY has raised a big, $35M venture capital round this morning, led by Institutional Venture Partners (IVP), along with Catalyst Investors (Catalyst) and Bessemer Venture Partners (BVP). As part of the funding, MINDBODY said that Norm Fogelsong of IVP has joined the company's board of directors.
Los Angeles-based Ranker , the startup headed by Clark Benson which allows users to rank anything they want in a list, has raised $1.3M in a Series A funding. Ranker is a website which allows consumers to rank lists of their favorite TV shows, books, products, or anything else.
The funding was led by DFJ Frontier and the PasadenaAngels, and also included Gideon Hixon Fund, Tech Coast Angels, SLO Seed Ventures, along with Rudy Duran, who was the first coach for Tiger Woods. As part of the funding, DFJ Frontier''s Frank Foster joins the company''s board of directors. READ MORE>>.
San Diego-based Allylix , which is developing chemical products for the flavor and fragrance industry, said yesterday that it has closed out its Series C funding round at $9M. The firm said the funding will go towards commercializing its initial three products, and also to advance other products in its pipeline. READ MORE>>.
Pasadena-based MyShape , the personalized fashion retailer run by Louise Wannier, has raised $10.5M in a new round of equity funding, according to a regulatory filing by the firm Wednesday. Tags: myshape fashion ecommerce venture capital. The filing says the fundraising is part of a nearly $12.1M READ MORE>>.
San Luis Obispo-based MindBody Software , a developer of software for managing yoga, wellness, and spa businesses, has raised nearly $11M in a new funding round, according to a regulatory filing by the firm this morning. Tags: capital venture saas classes appointment fitness health salon yoga software mindbody. fundraising effort.
in a funding round, according to a regulatory filing from the firm. Details on the new funding have not yet been announced by the company. H2Scan has previously raised capital from Chrysalix Energy, H5 Capital, PasadenaAngels, Ravinia Venture Fund, Tech Coast Angels, HGB Partners, and Tri-Strip Associates.
Pasadena-based Ocular Data Systems , a startup that develops a high resolution camera which is used by law enforcement to document signs of drug and alcohol impairment and other issues with drivers, has raised a round of investment from the PasadenaAngels. Ocular, led by CEO Marcus O.
In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. Mindbody first raised funding back in 2009, when it gained backing from the Tech Coast Angels, PasadenaAngels, and other local angels.
Los Angeles-based Gridtest Systems , a developer of measurement tools for the electric vehicle (EV) market, said this morning that it has raised a seed round of funding from the PasadenaAngels and the Tech Coast Angels. Financial terms of the investment were not announced. READ MORE>>.
Parchment , the startup which operates Docufide, a service to help transfer high school transcripts to colleges and universities, said Monday that it has raised $6M in funding. READ MORE>>.
At a recent accelerator event on the West Side, a friendly young founder told me that he had been coached by his mentor not to talk to Angel groups. As a PasadenaAngel, I wanted to be shocked, but I wasnt. The Angelfunding process can be arduous.
Allylix was venture backed by Avrio Ventures, BASF Venture Capital GmbH, Blue Grass Angels, Cultivian Ventures, Life Science Angels, Midpoint Food & Ag Fund, PasadenaAngels, Tate & Lyle Ventures, and the Tech Coast Angels. READ MORE>>.
Los Angeles-based GetAtlas has launched its mobile apps for iOS and Android into beta this week, looking to make it easier for users to track and schedule their appointments and calendar.
in a seed funding round, for its interactive mobile magazine. According to the firm, the funding was led by the Tech Coast Angels, and also included the Desert Angels, PasadenaAngels, and other independent angel investors. San Diego-based Yapert said this morning that it has raised $1.2M READ MORE>>.
ANGEL INVESTOR JUDGES: Emil Babadjov, Viovoda Labs; Brad Feldman, PasadenaAngels; Mark Landay, Harvard Business Angels; Jeff Lapin, Tech Coast Angels; Brock Pierce, Clearstone Global Gaming Fund; Joe Platnick, PasadenaAngels, Pan Pacific Capital; Scott Sangster, Tech Coast Angels; Mark Schwartz, Harvard Business Angels.
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 PasadenaAngels revealed today that their return on Bluebeam was 20x for angels who participated in funding Bluebeam.
XCast Labs has previously raised funding from Siemer and Associates, Frontera Capital and the PasadenaAngels. The firm said it has been profitable since July, and saw growth from IP-PBX, SIP Trunk, residential, and reseller customers. READ MORE>>.
Parchment got its start in Los Angeles as Docufide, a startup offering up handling of high school transcripts for colleges and university applications; Docufide was venture backed by the Tech Coast Angels and PasadenaAngels.
Los Angeles-based Docufide , which develops educational software and services used to transfer high school transcripts to colleges, said today that it has raised $4.5M in a funding round, and also appointed Blackboard founder Matthew Pittinsky as its CEO. The firm said the funding came from Novak Biddle Venture Partners.
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