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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.
The latest venturecapital totals from the PricewaterhouseCoopers/National VentureCapital 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.
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 total number of deals in 2015 was up from just 17 investments in 2014.
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>>.
The latest numbers from the PricewaterhouseCoopers/National VentureCapital Association MoneyTree report were released today, finding that a total of $683.7M billion in venturecapital. 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
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.
Southern California has the one of the largest gathering of organized angel investment groups, and a huge crop of startup accelerators: there's only one problem, which is they don't naturally work together. As a PasadenaAngel, I wanted to be shocked, but I wasnt. The Angel funding process can be arduous.
I’m planning on going to a Tech Coast Angels mixer tomorrow and the topic for me is whether there is angel funding out there for startups that don’t meet classic VC models. By way of background for the question, there’s a great post by Bob Aholt, a PasadenaAngel: An Angel Investor’s Thoughts on Valuation.
Jeff Curie: I''ve been a startup guy here in Orange County for a long time. I was hired to head up strategy, marketing development, and product management. We grew that up, and did very well, and eventually sold it to IBM. Between Greg and Alan, we''ve come up with a very innovative way to solve this problem.
The funding came from Idealab's New Ventures Group. Details on the funding, and size, have not yet been announced by the startup. The firm is headed by Aigerim Duiseneyeva, and its advisers include Ken Hayes, former President at Nami Media and member of the PasadenaAngels.
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>>.
The clean technology sector is infamous for taking a big toll on startups--requiring large investments, risky technology propositions, steep international competition, and fickle government policies. We spoke with founder Neal Roche about his startup, which provides testing tools for the electric vehicle (EV) market.
Over 500 startups applied last quarter to Launchpad LA’s accelerator, but only eight were chosen. Meet the Graduates: · Connectifier, which connects recruiters to potential job candidates, consists of 4 ex-Google employees and local angel investor, Terrence Yang, has dubbed Connectifier one of the best startups of 2012.
The startup, which is based in Orange County, said that the funding round came from the Tech Coast Angels, PasadenaAngels and Harvard Business School Alumni Angels. ipourit beer serving self serve venturecapitalangel alcohol wine hospitality retail restaurant' READ MORE>>.
Los Angeles-based Ready Set Food , a startup developing a system which introduces babies to peanut, egg, and milk--potential allergens--has raised $2.2M The funding came from Amplify.LA, Wavemaker 360, PLG Ventures, Adam Miller, David Rogier, the PasadenaAngels, and John Burry.
How did you end up at Unified Dispatch? Dan Tamkin: I was brought in by some of the venture capitalists and angels behind Unified Dispatch, after I did a prior company turnaround at Computer Motion, the first medical robotics company, where I had been CFO, and which had just been sold. We ended up buying Unified Dispatch Inc.
The Los AngelesVenture Association (LAVA), which supports local startups and emerging-growth companies, has named entrepreneur Kimberly Kovacs as the group's new President, according to the group. LAVA's day to day operations are managed by Executive Director Len Lanzai.
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 wasn’t. The Angel funding process can be arduous. The entrepreneurs in startups are trained to go fast and run lean.
.” But inevitably, it happens to some startups. Your VCs and lenders will likely impose onerous terms, and your ownership will get badly diluted. The one group of investors you can count on to support you in a crisis are your Angels, and I saw two examples over the Holidays.
was launched with nearly $2mm in Angel funding from the PasadenaAngels and Tech Coast Angels. We had an advocate in each Angel group who aggressively lead the effort. Someone has to do the heavy lifting of advocating, organizing, and building enthusiasm about your company within their Angel group.
Mark Suster wrote a great piece in July giving his answer: “If all else fails, angel-load away! If you can’t raise from a few strong angels, from seed funds or from a VC then raising from a ton (let’s say 20+) angels is a perfectly acceptable strategy. The key to managing your Angels?
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