article thumbnail

Tech Coast Angels, Pasadena Angels Among Top Angel Groups In New Report

socalTECH

A new report, released by the Angel Resource Institute in the last week, has spotlighted the Tech Coast Angels and the Pasadena Angels 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.

article thumbnail

Tech Coast Angels Fund Cadence Biomedical

socalTECH

The Tech Coast Angels has backed the maker of a medical device to help people with severe disabilities to walk. According to Cadence Biomedical , the Tech Coast Angels are among a number of new investors in a $1.1M, Series A2 funding for the company. Cadence Biomedical is based in Seattle. READ MORE>>.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Makucell Names Pasadena Angels' Scanlon To Board

socalTECH

Scanlon is Chairman of the Pasadena Angels and also an active member of the Tech Coast Angels. Makucell , a life sciences company developing anti-aging skin products, said this morning that it has appointed Kevin J. Scanlon, Ph.D., to its board of advisors.

article thumbnail

Bluebeam Nets Local Angel Groups 20X Return

socalTECH

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 Pasadena Angels revealed today that their return on Bluebeam was 20x for angels who participated in funding Bluebeam.

article thumbnail

Parchment Acquired By Brentwood Associates

socalTECH

Parchment got its start in Los Angeles as Docufide, a startup offering up handling of high school transcripts for colleges and university applications; Docufide was venture backed by the Tech Coast Angels and Pasadena Angels. Financial terms of the acquisition were not announced. READ MORE>>.

Brentwood 113
article thumbnail

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>>.

article thumbnail

Angel Group: New SEC Rules Could Kill Angel Investing

socalTECH

The Angel Capital 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>>.

Angel 203