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Tech Coast Angels Invests $4.5M In First Half Of 2012

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The Tech Coast Angels said today that it has totalled up its investments for the first half of 2012, and found that it invested $4,571,000 in direct investments--as part of $10M in funding--for 17 companies. The group said that investments were fairly consistent compared with the same period in 2011, when it invested $4.4M

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Portfolium Raises $900,000 In Seed Funding

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San Diego-based Portfolium , a startup developing an online platform to share a students'' academic portfolio, has raised $900,000 in a seed funding, according to startup incubator EvoNexus. The funding came from the Tech Coast Angels, Taner Halicioglu of Keshif Ventures, and others. READ MORE>>.

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Accelerator Crazy In Southern California

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In just the last few weeks, at least five different incubation/acceleration efforts have booted up in the region. Similarly, the firm is using a Y-Combinator/TechStars model to startups, and covers Los Angeles, Orange County, and San Diego. What's the latest craze in startups in Southern Califonia? It looks to be startup accelerators.

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MicroPower Turns To Financing To Spur Demand

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San Diego-based wireless video surveillance developer MicroPower Technologies --which was part of the EvoNexus business incubator--said this week that it has started up a financing program, to spur demand for its surveillance systems. MicroPower is backed by Karmel Capital, Motorola, and the Tech Coast Angels.

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PageWoo Finds Funding

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Los Angeles-based Pagewoo , the mobile advertising startup founded by Holden Steinberg and Jason Crilly, has quietly scored a round of funding, which was disclosed by the Tech Coast Angels this morning. Financial details of the angel funding round, which closed earlier this year, have not been announced.

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MicroPower Technologies Finds $5.7M In Funding

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The funding came from Karmel Capital and others. MicroPower--which was originally incubated in EvoNexus--develops wireless, power-efficient surveillance cameras powered by integrated solar panels. The company has previously announced funding from Motorola and the Tech Coast Angels. READ MORE>>.

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New Group Looks To Bridge Gap Between Research, Companies

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The founders of the group, Richard Koffler and John Morris , are two well known investors in the Los Angeles area. The group includes a number of experienced CEOs with experience raising venture capital as well as bringing companies to an IPO or exit. Wedbush Morgan Securities and NewCap Partners, among other firms.

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