Bluebeam Nets Local Angel Groups 20X Return
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. Bluebeam joins Green Dot among the trophy returns for the local angel groups; Green Dot IPO in 2010 resulted in a 100x return for the Tech Coast Angels.
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