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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.

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Episona Gets $4M For Male Infertility Testing

socalTECH

Pasadena-based Episona has raised $4M in seed funding, to go towards expansion of its male fertility testing product, Seed, the company said last week. According to Episona, the funding came from the Pasadena Angeles, as well as other high-net worth individuals from Pasadena and San Francisco.

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Interview with Alan Horsager, Episona

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Our first product is called Seed, which is a screening test for male infertility. What's the biggest challenge you've had in bringing this product to market? I think the thing that is hard, is getting people to recognize how this product impacts their practice. Not everyone in that round was from the Pasadena Angels.

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Interview with Cliff Rees, XCast Labs

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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.

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