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Pasadena Angels Invest Over $4M in 2014

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Pasadena Angels for the 3rd consecutive year invested over $4 million in an array of exciting start-up companies. Pasadena, Calif. Since the inception of the Pasadena Angels in 2000, members have invested over $50 million in over 120 companies. Company exit returns were as high as 10X return on initial investment.

Pasadena Angels Form $1.3M Investment Fund

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Pasadena, California (June 1, 2016) – The Pasadena Angels (PA) today announced the formation of their first investment fund at $1.3 The Fund will specialize in seed and early stage investments and will co-invest exclusively in deals that are subscribed by Pasadena Angels members.  Tweet Tweet.

DFJ, Pasadena Angels lead $1.4M funding in Edufii

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DFJ Frontier and Pasadena Angels have led a $1.4 Other participants in the funding round include the Gideon Hixon Fund, Tech Coast Angels, SLO Seed Ventures and coaching industry private investors including Tiger Woods’ first coach Rudy Duran. million Series A funding in Edufii Inc., Read more here. Tweet Tweet.

Pasadena Angels Release 2015 Investment Totals

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The Pasadena Angels investment group released its investment totals for 2015 this week, saying that it has invested $4.9M pasadena angels investment venture capital investor seedacross 27 deals in 2015, bringing its total invested since the group was started to over $65M in over 175 companies. READ MORE>>.

Pasadena Angels Invest in a $475,000 Series B Investment in Wasatch Microfluidics

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Pasadena, CA – April 23, 2012 –There couldn’t be a better example of putting the unique founding principles of The Pasadena Angels into practice than the story of their investment in Wasatch Microfluidics.  We are very proud at the Pasadena Angels to fund this special company in a record time; in less than four weeks.”

Bluebeam Nets Local Angel Groups 20X Return

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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.

Pasadena Angels Participate in a $1.6 million Series A Investment in JobSync

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Pasadena, Calif., Series A investment from The Pasadena Angels, Tech Coast Angels, and other angel investors from across the country. Danny and I had been speaking for almost a year before we invested in JobSync,” says Barry Paulk, a Pasadena Angel and leader of the investment round. 1-818-980-3939.

Pasadena Angels Portfolio Company Wasatch Microfluidics Completes Capital Raise

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Pasadena, CA (PRWEB) June 30, 2014 – The Pasadena Angels and Wasatch Microfluidics today announced that Wasatch had closed a $2 million funding round from existing investors and Kirk Ririe, founder of BioFire Diagnostics. $2 Million Round Will Power Continued Growth. link]. link]. million in early-stage and seed funding.

Angels to the Rescue

Steve Reich

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. What then?

The Curse of a Modest Exit

Steve Reich

Angel investors, some of whom I had personally witnessed calmly losing six figures on failed ventures, were seriously annoyed. For investors?

Tips 15

The Odd Couple: Angels and Accelerators

Steve Reich

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 Pasadena Angel, I wanted to be shocked, but I wasn’t.  The Angel funding process can be arduous.  We know we’re short of capital, particularly in LA. 

Coach 16

Pasadena Angels Racked Up Four Exits, Closed 17 Deals in 2014

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The Pasadena Angels , 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>>.

Gridtest Systems Secures Investment from Pasadena Angels and Tech Coast Angels

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Los Angeles, CA (PRWEB) March 20, 2012 – [link]. Gridtest Systems Inc., an independent provider of high-value test and measurement tools for electric vehicle (EV) charging , announced it has closed a seed investment round with Pasadena Angels and Tech Coast Angels. About the Pasadena Angels . link].

Obama’s SEC Trying to Kill Entrepreneurship

Steve Reich

New SEC regs will destroy your ability to raise capital. Here is the Angel Capital Association’s take: SEC regs. Hardly.

PA Alumni Bluebeam Software Acquired For $100M

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Socaltech.com reports Pasadena-based software developer  Bluebeam Software has been acquired by German software company  Nemetschek AG , the two said late Friday. According to the two, Nemetschek will pay $100M for BlueBeam, which is a developer of PDF software used for architecture, engineering, and construction. Read more. Tweet Tweet.

Mindbody Raises $50M at $450M Valuation; IPO Likely in 2015

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MindBody Software IPO reaches $500mm

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MindBody, Inc, launched  an IPO today, the first Pasadena Angels company to achieve that milestone. Ten years after a small group of Pasadena Angels put up $200,000 to fund its initial expansion, MindBody finished the day at a market cap of $500mm. link] /. Tweet Tweet.

Schlep & Fetch CEO Bryson Strauss Picks Up Great Press

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Kuo of SocalTech.com interviews CEO Bryson Strauss of Schlep & Fetch , and discusses how they got started, what makes them unique, where they’re going next, and how the Pasadena Angels helped make it happen. Benjamin F. Read the full article here. Tweet Tweet.

iPourIt Gets $2M For Beer Serving System

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iPourIt. iPourIt’s system is used for dispensing wine and beer at bars, restaurants, stadiums, and arenas. Go here to read more. Tweet Tweet.

PAs participate in Startup Weekend Pasadena

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Winning team Digital Production Studio presents at Startup Weekend Pasadena. Tweet Tweet.

SocalTech interviews Terry Kay on Angel Investing

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Benjamin F. Terry Kay. Benjamin Kuo. Tweet Tweet.

Pt. 1 Conversations with Ananth Natarajan

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What aspects of the Pasadena Angels strike you as unique? How did you become an Investor with the Pasadena Angels?

Conversations with Richard Chino, pt. 2

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Syndication gives the angels more assurance as more eyes have seen it. Is that one of the values that Pasadena Angels provides?

Insights and Opinions: The Curse of a Modest Exit

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For today’s  Insights and Opinions  article, we have an article from angel investor  Steve Reich , who talks about the pros and cons of a modest exit in an investment. Read more. Tweet Tweet.

PA Board Member Judges ‘Hack for Pasadena’ Event

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Hack for Pasadena winners. Hack for Pasadena winners. Hack for Pasadena winners. Tweet Tweet.

Conversations with Richard Chino, pt. 3

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One of my investments—made before I joined the Pasadena Angels—is with a company called C2FO located in Kansas City. RC: Precisely.

PA Portfolio Company ShipHawk Scores $5M For Shipping Marketplace

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The startup, led by Jeremy Bodenhamer, said the funding came from DN Capital, and also included Karlin Ventures, Rothenberg Ventures, and Wavemaker Partners (formerly Siemer Ventures). DN Capital’s Steve Schlenker also joins the company’s board. Tweet Tweet.

Ranker Hits 11.5M Uniques In December

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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 Pasadena Angels, said today that it hit 11.5

iPourIt Gets $2M For Beer Serving System

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ipourit beer serving self serve venture capital angel alcohol wine hospitality retail restaurant READ MORE>>.

MINDBODY Prices IPO, Starts Trading Today

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MINDBODY is venture backed by Bessemer Venture Partners, Catalyst Investors, Institutional Venture Partners, W Capital Partners, and J.P. Morgan, along with the Tech Coast Angels, Frontera Capital, and the Pasadena Angels. READ MORE>>. mindbody merger acquisition software reservation

Southern California Startups Raise $761.12M in Q2 2014

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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. Nationally, there was $13.0 READ MORE>>.

LA County Technology Week

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Shameless Self-Promotion Alert]…The last program of the day is the annual Pasadena Angels program on the state of Angel and Venture Capital in Southern California. Tags: Fundraising General Ben Kuo Joe Platnick LA County Tech Week Pasadena Angels SocalTECH.com.

Southern California Firms Get $694M In Q3 2012 Venture Funding

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billion has been invested in the region via venture capital. raised. New York followed Southern California with $512.8M in investments.

Ranker Finds More Funding

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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 Pasadena Angels, according to CEO Clark Benson.

Southern California Venture Deals Hit $683.7M in Q4 2012

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billion in venture capital. southern california venture capital funding totals moneytree thompson reuters investment 2012READ MORE>>.

Rockoco Gets $1.5M For Super-Polishing Diamonds

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Pasadena-based Rockoco , a spinout of Caltech, has raised $1.5M in a funding round, according to lead investor the Pasadena Angels. Tags: rockoco diamond polishing semiconductor venture capital pasadena angels Rockoco also said it has scored its first customer--for a $12M order--diamond seller Subari Bros.

How Do Those @#$%!$ Angel Groups Survive (aka Angels Behaving Badly)

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Last Part of a Continuing Series on How to Select an Angel Group. In my original Top 10 list of criteria for selecting an angel investor, there were two items that aren’t often discussed, but are worth scrutinizing during the fundraising process: - Honesty and integrity. - Are they respectful of entrepreneurs.

How Do Those @#$%!$ Angel Groups Survive (aka Angels Behaving Badly)

Ask the Angels

Last Part of a Continuing Series on How to Select an Angel Group. In my original Top 10 list of criteria for selecting an angel investor, there were two items that aren’t often discussed, but are worth scrutinizing during the fundraising process: - Honesty and integrity. - Are they respectful of entrepreneurs.

Angel Group: New SEC Rules Could Kill Angel Investing

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Current rules only require angel investors to "self certify" that they meet accredited investment guidelines. Image courtesy Bigstock.

Another Big Exit For Local Angels With Mindbody?

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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. mindbody angel investors tech coast pasadena frontera siemerREAD MORE>>.