SoCal CTO

MAY 19, 2010

By way of background for the question, there’s a great post by Bob Aholt, a Pasadena Angel: An Angel Investor’s Thoughts on Valuation. But, this is not my experience with Angel groups. What if you believe you have a company that will be a profitable $10M company with obvious exits?

Invest 205

Invest Angel Tech Coast Angels Pasadena Angels 205

socalTECH

FEBRUARY 12, 2020

Parchment , a company which provided records management, transcripts, grades, and other information for the K-12 and other markets--and which has its roots in the LA area--has been acquired by Brentwood Associates. Financial terms of the acquisition were not announced.

Brentwood 113

Brentwood Tech Coast Angels Pasadena Angels Pasadena 113

socalTECH

JANUARY 7, 2015

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. pasadena angels exits venture capital angel investment bluebeam tech coast investors greendot gdot'

Tech Coast Angels 100

Tech Coast Angels Pasadena Angels .Net Angel 100

SoCal Tech Calendar

AUGUST 14, 2019

Meet the top VCs who are investing in Southern California. Find out what they are looking to invest in. Find out what does it take to secure Venture Capital for your company. Panel includes: Evan Richter, Smash Ventures; Adam Corey, Global Village; Chris Wadden , Pasadena Angels. See [link] (more)

Venture Capital 100

Venture Capital LAVA Los Angeles Angel 100

socalTECH

OCTOBER 4, 2010

billion in investments, according to the Q3 analysis of venture capital deals by socalTECH.com. According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 billion invested in Q2.

Southern California 196

Southern California Invest Westlake Village SoCal 196

socalTECH

JULY 17, 2014

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>>.

Southern California 240

Southern California El Segundo Culver City Orange County 240

socalTECH

OCTOBER 6, 2014

Pasadena-based software developer Bluebeam Software has been acquired by German software company Nemetschek AG , the two said late Friday. The companies said that Bluebeam will continue with its current management team, operating as an independent brand company. Bluebeam Software was led by Richard Lee. READ MORE>>.

Software 228

Software Tech Coast Angels Pasadena Angels Pasadena 228

socalTECH

OCTOBER 18, 2012

The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M billion has been invested in the region via venture capital. billion in investments; followed by New England, with $826.1M in investments. in investments.

Southern California 210

Southern California GRP Partners Funding Orange County 210

socalTECH

AUGUST 10, 2017

Pasadena-based Ocular Data Systems , a startup that develops a high resolution camera which is used by law enforcement to document signs of drug and alcohol impairment and other issues with drivers, has raised a round of investment from the Pasadena Angels. Ocular, led by CEO Marcus O.

Funding 113

Funding Pasadena Pasadena Angels Invest 113

socalTECH

OCTOBER 19, 2012

The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M billion has been invested in the region via venture capital. billion in investments; followed by New England, with $826.1M in investments. in investments.

Southern California 180

Southern California GRP Partners Funding Orange County 180

socalTECH

NOVEMBER 18, 2014

San Diego-based Alyllix , which produces flavors, fragrances, and other ingredients using yeast fermentation, has been acquired by Swiss company Evolva Holdings SA. Evolva said it will acquire Allylix in return for 46 million shares of the company. allylix evolva flavors fragrances merger acquisition tech coast angels'

Tech Coast Angels 147

Tech Coast Angels Pasadena Angels San Diego Pasadena 147

socalTECH

JANUARY 17, 2013

was invested across Southern California in Q4 of 2012. raised by companies in Q4 of 2011, and less than the $701.18M raised by companies in the region in Q3 of 2012. The funding brings Southern California's total 2012 investments to $3.2 Karlin Ventures and Siemer Ventures both made five investments each.

Southern California 237

Southern California Orange County GRP Partners Venture Capital 237

socalTECH

JUNE 27, 2013

Los Angeles-based Ranker , the online site which lets users rank, view, vote, and share their opinions on a wide range of topics, announced today that it has raised $2M in a follow on investment round. The company said the proceeds will go towards hiring, platform expansion, and marketing.

Tech Coast Angels 176

Tech Coast Angels Draper Pasadena Angels Pasadena 176

Steve Reich

AUGUST 17, 2013

Why are there great tech companies in Pasadena that no one has heard of? Sometimes the answer is that the team is too busy building a great company to worry about generating press outside their own industry. Bluebeam started as a spin-off from a JPL-focused engineering company some eight or nine years ago.

Pasadena 55

Pasadena Pasadena Angels Company Companies 55

socalTECH

FEBRUARY 21, 2014

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. The company, led by Rick Stollmeyer, says it now has over 33,000 businesses using its service.

Tech Coast Angels 147

Tech Coast Angels Pasadena Angels Pasadena Venture Capital 147

socalTECH

JUNE 23, 2015

The company had launched the Walmart MoneyCard with Walmart back in 2007, helping to create one of the most successful companies backed by Southern California's angel investment groups, including the Tech Coast Angels and Pasadena Angels. READ MORE>>.

Tech Coast Angels 100

Tech Coast Angels Southern California Pasadena Angels Pasadena 100

socalTECH

MAY 12, 2015

The company's IPO is being underwritten by Morgan Stanley, Credit Suisse, UBS Investment Bank, Pacific Crest Securities, and JMP Securities. The company also has previously raised funding from the Tech Coast Angels, Frontera Capital, and the Pasadena Angels. READ MORE>>.

Tech Coast Angels 100

Tech Coast Angels Pasadena Angels Pasadena Capital 100

socalTECH

APRIL 26, 2012

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. The funding was led by HealthTech Capital, and also included the Sand Hill Angels, Tech Coast Angels, ACE Fund, Frontier Angel Fund, WINGS, Alliance of Angels, and Keiretsu Forum Northwest.

Tech Coast Angels 162

Tech Coast Angels Angel Keiretsu Funding 162

socalTECH

AUGUST 10, 2012

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 Pasadena Angel, I wanted to be shocked, but I wasnt. The Angel funding process can be arduous.

Angel 174

Angel Southern California Pasadena Angels Coach 174

socalTECH

FEBRUARY 11, 2011

According to sources near the firm, the firm has sold off its inventory and is now hoping to find a buyer for the company via an assignment for the benefit of creditors.

MyShape 217

MyShape Tech Coast Angels Draper Pasadena Angels 217

socalTECH

JULY 6, 2009

In this morning's Insights & Opinions section, where we feature insights from local thought leaders, entrepreneurs, venture capitalists, angel investors, and others, we have an article from Joe Platnick of the Pasadena Angels , talks about getting a quick "yes or no" from angel investors. READ MORE>>.

Angel 100

Angel Pasadena Angels Pasadena Entrepreneur 100

socalTECH

FEBRUARY 23, 2011

Pasadena-based Foodme (www.foodme.com) is one of the first, external startups funded out of Idealab's New Venture Group, and is looking to help connect restaurants with customers using a CPA model. The firm so far has signed up a number of restaurants in the Pasadena area. How far along is the company? What is Foodme all about?

Idealab 217

Idealab Pasadena Pasadena Angels Demand 217

Steve Reich

SEPTEMBER 14, 2014

You hear about extreme outcomes all the time—the huge exit or a company shutting down. Recently, I got to observe a much more rare event: a company exiting at a modest valuation. The company in question built mobile apps for a particular sport, and had 3 million downloads with nearly 2 million active users. For investors?

Pasadena Angels 45

Pasadena Angels Pasadena Angel Tips 45

Steve Reich

JANUARY 20, 2013

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. Over a few short weeks during the Holidays, groups of Angels, one led by Dave Berkus, raised enough money to secure the futures of these companies. Emergency cash is never free, even from Angels.

Angel 49

Angel Tech Coast Angels Pasadena Angels Pasadena 49

socalTECH

OCTOBER 6, 2008

Pasadena-based MyShape has raised $12M in a round of venture capital, the company's CEO, Louise Wannier, confirmed Monday after reports that the firm had closed a round of funding, but said the round was still in progress. MyShape runs an online apparel store which is targeted on matching women with clothing that best fits them.

MyShape 100

MyShape Tech Coast Angels Draper Pasadena Angels 100

Steve Reich

AUGUST 9, 2012

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. The entrepreneurs in startups are trained to go fast and run lean.

Angel 49

Angel Pasadena Angels Pasadena Venture Capital 49

socalTECH

JUNE 25, 2009

Los Angeles-based XCast Labs (www.xcastlabs.com) announced earlier this month that it has raised a $2.7M round of funding from the Pasadena Angels and Frontera Capital for a voice-over-IP service, and we thought we'd talk with Cliff Rees, the firm's CEO, to understand how the firm is different from those many providers.

IP 165

IP Pasadena Angels Pasadena Los Angeles 165

Tech Zulu Event

FEBRUARY 8, 2013

million led by GRP Partners, with participation from Baroda Ventures, Bertelsmann Digital Media Investments (BDMI), Daher Capital, Double M Capital, Karlin Ventures, Clark Landry, Andy Rankin, and Launchpad LA. The company’s CEO, Brendon McQueen, graduated from Columbia with 12 loans that totaled over $120,000.

GRP Partners 96

GRP Partners Startup Tech Coast Angels Bertelsmann 96

Steve Reich

MARCH 9, 2013

Ted Tekippe, CEO of Doublebeam joined us, as did Kevin Scanlon, Chairman of the Pasadena Angels. Several members of the old Overture mafia attended, as did a number of entrepreneurs who have recently started companies in the area. Andy Wilson, CEO of Rexter and leader of the Innovation Council, hosted us.

Pasadena 49

Pasadena Pasadena Angels Santa Monica Design 49

socalTECH

OCTOBER 1, 2008

invested in Q3 of 2007, and down slightly from venture numbers in Q2, when there was approximately $966M in venture deals. The numbers, which were drawn from venture deals tracked and reported in socalTECH's proprietary venture capital database, found that there was $719.7M

Southern California 100

Southern California SoCalTech Technical Review Draper 100

socalTECH

JANUARY 20, 2011

In recent years, one of the more common ways to share information, conduct training, or pitch your company to other has been through online, web-based webinar and conferencing. We spoke with Costin Tuculescu , CEO of Freebinar, about the firm, how it's reaching out to Dimdim users, and the background on the company.

Tech Coast Angels 178

Tech Coast Angels Web Screening Pasadena Angels 178

socalTECH

OCTOBER 10, 2012

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. How did the company start? That was the genesis for the idea for the company, which was to build tools for that new market.

Help 178

Help Startup Southern California San Fernando 178

Steve Reich

FEBRUARY 15, 2012

was launched with nearly $2mm in Angel funding from the Pasadena Angels and Tech Coast Angels. We had an advocate in each Angel group who aggressively lead the effort. It’s critical to identify a lead investor who is truly excited about your company. LeisureLink, Inc., How did we do it?

Tech Coast Angels 40

Tech Coast Angels Angel Pasadena Angels Startup 40

socalTECH

AUGUST 2, 2013

Yapert raised a funding round a few weeks ago from the Tech Coast Angels, Desert Angeles, and Pasadena Angels for its mobile apps, which consolidates news and information about your favorite interests. We caught up with CEO Phil Kelly to better understand what the company is working on. How did the company start?

Mobile 159

Mobile Startup Entertainment Tech Coast Angels 159

socalTECH

OCTOBER 20, 2011

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. The original company found that getting IVR deployed was actually very hard.

Outsource Development 190

Outsource Development Startup Outsource Tech Coast Angels 190

socalTECH

MARCH 31, 2014

In today''s electronic world, there is an immense number of data sources creating millions of data points that companies are hoping to make sense of. There are lots of products that might look for any mention of a product name or company name, and yes, we do that--but more importantly, we are also analyzing situations that arise.

Orange County 245

Orange County Startup News IBM 245

Steve Reich

AUGUST 15, 2015

.” Everyone has a vision that one or two “Super Angels” will write million dollar checks and all will be well. The reality is that many successful companies have more than 20 angels in the cap table. The key to managing your Angels? No VCs, no flocks of Angels. Send that email.

Angel 40

Angel Pasadena Angels News Seed Funding 40