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The PasadenaAngels have backed developer of protein analysis equipment for the drug discovery and research market, investing $475,000 in a Series B for Wasatch Microfluidics , the group said this week. The investment by the PasadenaAngels was led by Dr.
A new report, released by the Angel Resource Institute in the last week, has spotlighted the Tech Coast Angels and the PasadenaAngels as among the top four angel groups in California, and the Tech Coast Angeles as number two in the nation in terms of the number of deals in 2016.
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 PasadenaAngels investment group released its investment totals for 2015 this week, saying that it has invested $4.9M across 27 deals in 2015, bringing its total invested since the group was started to over $65M in over 175 companies.
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>>.
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.
Los Angeles-based ranking and polling website Ranker , the startup led by Clark Benson and backed by Draper Associates, Rincon Venture Partners, Siemer Ventures, Lowercase Capital, BullPen Capital, Data Collective, TenOneTen Ventures, Tech Coast Angels, and PasadenaAngels, said today that it hit 11.5
Pasadena-based Rockoco , a spinout of Caltech, has raised $1.5M in a funding round, according to lead investor the PasadenaAngels. Tags: rockoco diamond polishing semiconductor venture capitalpasadenaangels. Rockoco also said it has scored its first customer--for a $12M order--diamond seller Subari Bros.
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. The investment in Atlas Powered by the TCA was led by Yuri Pikover.
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>>.
The AngelCapital Association , a group which represents angel investors, says this week that the changes in the final rules banning "general solicitation" of companies seeking investments from accredited investors, could "kill most angel investment in the country." Image courtesy Bigstock. READ MORE>>.
The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M billion has been invested in the region via venture capital. in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M was raised. READ MORE>>.
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.
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>>.
MINDBODY is venture backed by Frontera Capital, the PasadenaAngels, and the Tech Coast Angels. The firm said MINDBODY Finder will display fitness classes and wellness appointments which consumers can book online, and allow consumers to handle all of the scheduling and booking of those services. READ MORE>>.
The starup, led by Clark Benson , said the funding came from Lowercase Capital , BullPen Ventures, Data Collective , as well as prior investors Draper Associates , Rincon Venture Partners , Siemer Ventures , TenOneTen, Tech Coast Angels and PasadenaAngels. READ MORE>>.
The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report were released today, finding that a total of $683.7M billion in venture capital. Los Angeles had a total of $311.25M in deals for the quarter, followed by Orange County with $197.8M, then San Diego, with $174.6M in funding.
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.
The firm is headed by Rick Stollmeyer, and has also received backing from the PasadenaAngels, Tech Coast Angels, and Frontera Capital. Tags: mindbody software saas venture capital. The firm said it reached nearly $10M in revenues in 2009, and has over 9,300 customers in 62 countries. READ MORE>>.
The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M billion has been invested in the region via venture capital. in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M was raised. READ MORE>>.
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.
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.
Bolstering Freebinar's efforts is new funding from the PasadenaAngels and the Tech Coast Angels. Freebinar told socalTECH today that it is looking to help users of Dimdim, which was just acquired by Salesforce.com and stopped allowing new user signups this week.
The round was led by Prospector Equity Capital and Arcturus Capital, and also included the PasadenaAngels and Tech Coast Angels. Andrea Belz joins the firm's board as part of the funding, representing both the PasadenaAngels and Tech Coast Angels.
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
The funding was led by Tim Draper of Draper Fisher Jurvetson , and also included Rincon Venture Partners , Newport Coast Investments , Gil Elbax of Factual, the PasadenaAngels , and Siemer Venture Capital. 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 HealthTech Capital, and also included the Sand Hill Angels, Tech Coast Angels, ACE Fund, Frontier Angel Fund, WINGS, Alliance of Angels, and Keiretsu Forum Northwest. Cadence Biomedical is based in Seattle.
According to Allylix, the new funding came from Middleland Capital, and also included prior investors Blue Grass Angels, Life Science Angels, Tech Coast Angels, PasadenaAngels and Tate & Lyle Ventures. Tags: allylix fragrance venture capital food chemical chemistry. READ MORE>>.
No details on the funding have yet been announced by the company, which is backed by Draper Fisher Jurvetson, Lehman Brothers Venture Partners, the PasadenaAngels, and the Tech Coast Angels. Tags: myshape fashion ecommerce venture capital. READ MORE>>.
Source of the funding was not announced, however, the firm has previously raised funding from Catalyst Investors, Frontera Capital, the PasadenaAngels, and the Tech Coast Angels. Tags: capital venture saas classes appointment fitness health salon yoga software mindbody. READ MORE>>.
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. smartphone mobile social athlete coach training athletic funding capital venture edufii' READ MORE>>.
H2Scan has previously raised capital from Chrysalix Energy, H5 Capital, PasadenaAngels, Ravinia Venture Fund, Tech Coast Angels, HGB Partners, and Tri-Strip Associates. The filing says that the round first opened in April of 2011, and included 34 investors.
The company--which develops software-as-a-service which helps local businesses manage scheduling, staff management, point of sale, ecommerce, marketing, and more--said the funding came from Bessemer Venture Partners, Institutional Venture Partners, Catalyst Investors, W Capital Partners and Montreux Equity Partners. 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 Angel funding process can be arduous.
Parchment--which started in Los Angeles, and continues to have offices here--said the funding was led by Salmon River Capital, and also included Novak Biddle Partners and Blackboard CEO and President Michael Chasen. READ MORE>>.
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.
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.
MINDBODY is venture backed by Bessemer Venture Partners , Catalyst Investors , the PasadenaAngels , Tech Coast Angels and Frontera Capital. SpaFinder operates a marketing service which helps connect consumers with spas and other wellness facilities. READ MORE>>.
The firm said the round was led by DFJ Growth Fund, and also included Draper Fisher Jurvetson, Tenaya Capital, the PasadenaAngels, and the Tech Coast Angels. Tags: myshape ecommerce fashion clothing women venture capital executive. The filing indicates that $10.56M of the round had already been funded.
MINDBODY is headed by Rick Stollmeyer, and venture backed by Bessemer Venture Partners, Catalyst Investors, Tech Coast Angels, PasadenaAngels, and Frontera Capital. READ MORE>>.
Angel Launch, a new event for startups and investors, is producing a networking venture pitch, networking dinner and party the night before E3 Expo in LA for digital media, mobile and tech startups.
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