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Tech Coast Angels Hails Exit At CaseStack

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The Tech Coast Angels said this morning that its members said a 16x return from their investment in CaseStack , the logistics and supply chain company led by Dan Sanker, after its acquisition last year for $255M. According to the Tech Coast Angels, this is the company's sixth highest ever.

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Tech Coast Angels Backed 53 Companies In 2018, $10.8M Invested

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The Tech Coast Angels , the largest organized angel investment group both in Southern California as well as across the venture ecosystem, says it backed a total of 53 companies in all of 2018, putting in a total of $10.8M across those companies. million in Tourmaline Labs. million in Tourmaline Labs.

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Tech Coast Angels See 42x Return At MindBody

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The Tech Coast Angels , Southern California's biggest angel investment group, said Tuesday that it has seen a successful exit in MindBody , the developer of cloud-based business management software for the wellness industry. MindBody had its IPO in May.

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Bluebeam Software Acquired For $100M

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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>>.

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Portfolium Acquired By Instructure

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San Diego-based Portfolium , a startup developing tools to allow students to showcase their achievements, projects, and other portfolio of academic work to potential employers, has been acquired by educational software provider Instructure , the two announced late Tuesday. Financial details of the acquisition were not announced.

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SignNow Acquired By Barracuda Networks

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SignNow was venture backed by Khosla Ventures and the Tech Coast Angels. Financial details of the acquisition were not disclosed. Barracuda Networks said the acquisition will help it strengthen its offerings in the cloud data storage market. The company raised $2M in funding back in March of 2012. READ MORE>>.

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Integrien Acquired By VMware

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Irvine-based Integrien , a developer of enterprise IT monitoring software, has been acquired by VMware , according to VMware this morning. Although VMware did not announce financial details of the acquisition, sources close to Integrien said the acquisition was worth $102M. Clearstone owned about half of the firm. READ MORE>>.