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2014 Was An Amazing Year for the Pasadena Angels

Steve Reich

2014 Pasadena Angels Performance. • 4 Exits, including Bluebeam for $100mm. • $4.7mm in new funding for portfolio companies. • 20 New Angels joined. I have never seen such energy at the Pasadena Angels in my decade+ as a member. It’s hard to exaggerate the impact IP is having in Pasadena.

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Freebinar Looks To Fill Webcasting Hole Left By DimDim

socalTECH

Bolstering Freebinar's efforts is new funding from the Pasadena Angels 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. READ MORE>>.

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XCast Labs Claims Growth

socalTECH

Los Angeles-based XCast Labs , a provider of voice-over-IP services, is reporting today that it had 48 percent revenue growth in 2009, and now has more than 100,000 users. The firm said it has been profitable since July, and saw growth from IP-PBX, SIP Trunk, residential, and reseller customers. READ MORE>>.

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XCast Labs Raises $2.7M

socalTECH

Los Angeles-based XCast Labs is announcing this morning that it has raised $2.7M in a Series A funding round, for the firm's voice-over-IP services. According to XCast, the funding includes an investment by Siemer and Associates, as well as Frontera Capital and the Pasadena Angels.

IP 100
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XCast Labs Raises $2.4M

socalTECH

Los Angeles-based XCast Labs is announcing this morning that it has raised $2.4M in a Series A funding round, for the firm's voice-over-IP services. According to XCast, the funding includes an investment by Siemer and Associates, as well as Frontera Capital and the Pasadena Angels.

IP 100
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Interview with Cliff Rees, XCast Labs

socalTECH

It seems that every week, a new, Voice-over-IP provider firm surfaces in the market, either providing PBX services, voicemail, or other similar services. Los Angeles-based XCast Labs (www.xcastlabs.com) announced earlier this month that it has raised a $2.7M Can you talk about how you connected with the Pasadena Angels and Frontera?

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Interview with Costin Tuculescu, Freebinar

socalTECH

Freebinar is backed by the Pasadena Angels and the Tech Coast Angels. Freebinar gives them a solution that includes screen sharing, voice over IP audio, broadcast, conference calling, and allow you to meet with as many as 150 people at the same time. What are your specific plans for the new funding from the angels?