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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. April 6, 2015 — Pasadena Angels (PA) today announced that the group has invested a total of $4,163,000 in 17 deals during the year of 2014, making it the third consecutive year with over $4 million invested in deals. Since the inception of the Pasadena Angels in 2000, members have invested over $50 million in over 120 companies.

Conversations with Richard Chino, pt. 1

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Richard Chino is passionate about investing in the business environment. He has been serving on the Board of ShipHawk, StaffRanker, and C2FO, and is a member of the Advisory Board of Chippmunk.

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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 million, PA Fund 1 (The Fund). The Fund will specialize in seed and early stage investments and will co-invest exclusively in deals that are subscribed by Pasadena Angels members. The Pasadena Angels’ 100 plus members invest individually and directly, without any legal pooling of financial resources.

DFJ, Pasadena Angels lead $1.4M funding in Edufii

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DFJ Frontier and Pasadena Angels have led a $1.4 million Series A funding in Edufii Inc., the social/mobile platform for skill development. 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. As part of the deal, Frank Foster, managing director of DFJ Frontier, has joined Edufii’s board. Read more here. Tweet Tweet.

Pasadena Angels Fund 1 Invests in Repurpose

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Pasadena, California (February 23, 2017) – The Pasadena Angels (PA) today announced the fourth investment from their PA Fund 1 (The Fund). The Fund invested an additional $100K in Repurpose, a Los Angeles based consumer products company that makes plant based, 100% compostable tableware products. Repurpose is now distributed in over 4,000 stores nationwide including Safeway, Whole Foods, Target, Albertsons, Target, and Wegmans.

Pasadena Angels invest over $1M in iKizmet

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Pasadena, California (September 22, 2016) – The Pasadena Angels (PA) today announced the second investment from their PA Fund 1 (The Fund). The Fund invested an additional $75K in iKizmet, a business intelligence platform specifically created for small businesses operating fitness, wellness studios, and gyms. iKizmet allows these businesses to transform important financial, marketing and customer services data into actionable insights and smart metrics.

PA Fund Makes Its First Investment in Nevados Engineering

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Pasadena, California (August 2, 2016) – The Pasadena Angels (PA) today announced the first investment from their PA Fund 1 (The Fund). The Fund invested an additional $75K in Nevados Engineering, a clean tech company whose solar single-axis-tracker enables ground-based installation on virtually any terrain; improving on solar project economics.

Conversations with Richard Chino, pt. 3

Ask the Angels

Richard Chino is passionate about investing in the business environment. In addition to his membership with the Pasadena Angels, Richard has been serving on the Board of ShipHawk, StaffRanker, and C2FO, and is a member of the Advisory Board of Chippmunk.

Pt. 2 Conversations with Ananth Natarajan

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Ananth Natarajan is a physician and engineer specializing in the utilization of advanced technology to solve pressing clinical problems. As a member of the Pasadena Angels, he brings extensive experience in the healthcare field to bear on emergent business opportunities.

Pt. 1 Conversations with Ananth Natarajan

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Ananth Natarajan is a physician and engineer specializing in the utilization of advanced technology to solve pressing clinical problems. As a member of the Pasadena Angels, he brings extensive experience in the healthcare field to bear on emergent business opportunities.

iPourIt Gets $2M For Beer Serving System

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iPourIt. Socaltech.com reported iPourIt , which develops computer-controlled, self-serve, beer- and wine-dispensing systems, has raised $2M more in a Series A-1 funding, according to the company.

Conversations with Richard Chino, pt. 2

Ask the Angels

Richard Chino is passionate about investing in the business environment. In addition to his membership with the Pasadena Angels, Richard has been serving on the Board of ShipHawk, StaffRanker, and C2FO, and is a member of the Advisory Board of Chippmunk.

Pasadena Angels Announces Strongest Funding Numbers in 2015

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Pasadena Angels (PA) announced today that our group has invested a total of $5 million in 27 deals in 2015, making it the most successful year in our fifteen year history. PA members have invested over $65 million in over 175 companies since its inception. The investments span a wide variety of industries including telecommunications, consumer products, healthcare, logistics, co-working office space, biosciences, data analytics, and software technology.

PAs participate in Startup Weekend Pasadena

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Winning team Digital Production Studio presents at Startup Weekend Pasadena. Judges Left to Right: Pasadena Angel Omo Velev; Paul Orlando, co-founder of AcceleratorHK; patent attorney Jeffrey G. Sheldon of Sheldon Mak & Anderson; and Pasadena Angels Julie-Ann Pina and Steve Reich.

PA Board Member Judges ‘Hack for Pasadena’ Event

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Hack for Pasadena winners. Hack for Pasadena winners. Hack for Pasadena winners. PA Board Member Steve Reich participated as one of the judges in the first Hack for Pasadena event conducted as part of Innovate Pasadena’s Connect Weekend.

SocalTech interviews Terry Kay on Angel Investing

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Benjamin F. Kuo from SocalTech.com recently interviewed Terry Kay about his new role as chairman of the Pasadena Angels, angel investing, and the role of angels in today’s entrepreneurial environment. Terry Kay. Benjamin Kuo.

Angels Help Kick Off Pasadena’s Connect Weekend

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From left to right: Erik Hovanec, Managing Director of The Design Accelerator, and fellow Pasadena Angels Bill Pinney, Terry Kay, and Brad Schwartz at the Kickoff Mixer held Thursday night. March 13, 2014. Kickoff Mixer for the Connect Weekend.

Interview with Terry Kay, Chairman of the Board

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The Pasadena Angels recently welcomed Terry Kay as its Chairman of the Board.

Join us for CONNECT Weekend, March 13-18

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We’re proud to sponsor the work of Innovate Pasadena , who is hosting the CONNECT Weekend, March 13-18. Join us in celebrating innovation in the Greater Pasadena area for an inaugural citywide weekend of talks, panels, hack and code events, open-houses and mixers.

Interview with Terry Kay, Chairman of the Board

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The Pasadena Angels recently welcomed Terry Kay as its Chairman of the Board.

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

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Lizette Chapman of the Wall Street Journal talks to Rick Stollmeyer, CEO of MindBody software, which was funded by the Pasadena Angels, about their recent $50M raise and likely IPO in 2015. Tweet Tweet.

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. MindBody is now the largest private employer in San Luis Obispo County, having created 800 professional jobs. Congratulations to Rick Stollmeyer and team at MindBody, as well as all of those Angels who participated. link] /. Tweet Tweet.

Schlep & Fetch CEO Bryson Strauss Picks Up Great Press

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Benjamin F. 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. Read the full article here. Tweet Tweet. Fundraising General News Uncategorized Angel Capital Angel Groups Angel Investing Ben Kuo Bryson Strauss Fetch Funding Pasadena Angels Schlep Schlep & Fetch SocalTECH.com Startups Syndication Tech Coast Angels

Yapert Closes $1.2M Seed Funding

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Yapert, a San Diego, CA-based interactive mobile magazine, raised $1.2m in seed funding. The round was led by Tech Coast Angels, with participation from Desert Angels, Pasadena Angels, and other independent angel investors.

PA Portfolio Company ShipHawk Scores $5M For Shipping Marketplace

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Socaltech reports that Santa Barbara-based ShipHawk , the online developer of technology for helping connect users with shipping companies, has raised $5M in a funding round, the company said this morning. 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.

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.

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. Blog Company Creation/Operation News Product/Technology Uncategorized Angel Capital Angel Groups Angel Investing Company Sale Economy Exit Strategies Exit Strategy Pasadena Angels Startup Companies Startups VC

SoCal Startups Raise Over $761M in Q2 2014

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SoCalTech.com shared the results of the latest venture capital totals from PwC and the NVCA’s MoneyTree Report —$761.12M in investments in Q2 of 2014 in Southern California, up from $616.83M in Q2 of 2013 in the region, with the Pasadena Angels playing a large role. Read the article. Tweet Tweet. Company Creation/Operation Fundraising News People/Personnel Product/Technology Angel Groups Angel Investing Startup Companies Startups VC

Pasadena Angels Portfolio Company Wasatch Microfluidics Completes Capital Raise

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$2 Million Round Will Power Continued Growth. 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. The funding will be used to expand sales and marketing activity. Wasatch’s product package, which groups early stage antibodies, is already being sold to major pharmaceutical companies.

Ranker Adds Executives

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Socaltech.com reports that Ranker , which operates an online website for users to share their opinions and lists on countless topics, has hired on a number of new executives. Read more. Tweet Tweet. Blog Internet/Web Services Media and Entertainment News Product/Technology Sales & Marketing

Swing by Swing Golf Acquired by Back9Network

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The Wall Street Journal reports that Back9Network announced today that it has completed the acquisition of Swing by Swing Golf, a Palo Alto startup backed by the Pasadena Angels. The acquisition gives the upstart golf lifestyle and entertainment network the top-ranked free golf GPS app on both iOS and Android mobile platforms as well as an engaged audience of over 2 million users. Read the press release. Tweet Tweet.

Local Techies Unite to Market Pasadena

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Read Andrea Chang’s article in the Los Angeles Times how Pasadena techies are uniting to market the city as a thriving technology hub. Tweet Tweet. Blog Business Products and Services General Marketing/Advertising Media and Entertainment News Pasadena Pasadena Angels Startup Companies Startups

PA alumni LeisureLink acquired by VacationRoost

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VacationRoost Group Inc. (“VR”) today announced the acquisition of Pasadena-based LeisureLink Inc. The combined company will have the benefit of both areas of expertise and will have one of the largest collections of bookable vacation rentals in the industry. The combined company’s Vacation Home Reservation Network is currently generating over $130M in annual vacation rental bookings through its owned and operated travel brands and channel partners. READ MORE. Tweet Tweet.