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Central Desktop Sees Growth, Boosts Hires In 2009

socalTECH

Pasadena-based software-as-a-service developer Central Desktop reported today that the firm had 44 percent, year-over-year growth, and boosted its staff by 50 percent in 2009, as a result of demand for the firm's online project collaboration tools. READ MORE>>.

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Another Big Exit For Local Angels With Mindbody?

socalTECH

Local angel investors--including the Tech Coast Angels and Pasadena Angels --might just have another big hit on their hands, with the news today that San Luis Obispo-based Mindbody has filed for an IPO. READ MORE>>.

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MindBody Raises $50M

socalTECH

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, Pasadena Angels, and other local angels.

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Aaron Fyke, Thin Line Capital: The Second Wave Of Cleantech Investing

socalTECH

There's a new opportunity in clean technology investments, according to venture capitalist Aaron Fyke , the head of a new, Pasadena-based venture capital investment fund, Thin Line Capital (www.thinlinecapital.com). Talk about the new firm and the new fund? Cleantech had an enormous rise and fall between 20006 and 2009.

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New Matter Gets $6.5M For 3D Printing

socalTECH

Pasadena-based New Matter , which is developing consumer focused, 3D printers, said today that it has raised $6.5M in a Series A funding round. The funding was led by Alsop Louie Partners, and also included Arden Road Investments, Biotechonomy, Dolby Family Ventures, First Round Capital, Idealab and frogVentures. READ MORE>>.

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Angel Funding Advice

Both Sides of the Table

Very few people fund individuals. Professional angels / former entrepreneurs / seed funds – In Silicon Valley there are people like Ron Conway, Jeff Clavier, Mike Maples and many more. And whenever I needed to round up signatures for future fund raisings it was difficult to track him down / get him to care.

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Mindbody Confirms $14M For Health and Wellness Software

socalTECH

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 Pasadena Angels, Tech Coast Angels, and Frontera Capital. READ MORE>>.

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