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As much as the idea of "Silicon Beach" wants to represent the whole of the local technology industry in Los Angeles, there are -- as one would expect in such a large metropolitan area -- many different neighborhoods and communities spread across the region, all with their own individual identities, companies, and technology focuses.
In a world with a rash of startup incubators and accelerators, super angels, crowdfunding sites, and more, what''s the relevance of organized angel investments groups? First off, for those not familiar with the PasadenaAngels, talk about the group? He started the group because he wanted to help companies succeed.
The Tech Coast Angels has backed the maker of a medical device to help people with severe disabilities to walk. 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. Cadence Biomedical is based in Seattle. READ MORE>>.
Los Angeles-based Ranker , the online rankings website where consumers can rank anything they like, has scored a new round of funding, in an inside round. The funding came from Siemer Venture Capital, Rincon Venture Partners, Draper Associates, the Tech Coast Angels, and the PasadenaAngels, according to CEO Clark Benson.
Woodland Hills-based Yowza , the developer of a mobile coupon application for both the iPhone and Android, disclosed today that it has closed on a Series A funding round. The round came from the Tech Coast Angels and the PasadenaAngels. The firm did not detail exact timing or size of the round.
The fight between Los Angeles taxicab drivers and services like Lyft and Uber haas just gotten even more interesting, as mobile app developer Flywheel said it has launched in Los Angeles. The company also said it is offering up a $10 ride credit in Los Angeles for users to try out the service, with promo code FLYLA10.
I’m planning on going to a Tech Coast Angels mixer tomorrow and the topic for me is whether there is angelfunding out there for startups that don’t meet classic VC models. By way of background for the question, there’s a great post by Bob Aholt, a PasadenaAngel: An Angel Investor’s Thoughts on Valuation.
Altadena-based TripTrotting , an online community that helps world travelers find hosts, has scored a Series A round of funding, according to sources close to the firm. The funding came from Idealab's New Ventures Group. Details on the funding, and size, have not yet been announced by the startup. READ MORE>>.
in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M In Los Angeles, near $324.2M Finally, the third biggest area for funding was Retailing/Distribution, which had a total of $105.7M was raised. billion in investments; followed by New England, with $826.1M in investments. in investments. in investments.
The PasadenaAngels , one of the most active organized angel investment groups in the Los Angeles area, released some details on the groups'' 2014 performance over the holidays, saying that it saw a total of four exits--including a $100M exit over at Bluebeam --and closed 17 deals during the year. READ MORE>>.
Pasadena-based Foodme , a new startup looking to connect restaurants with diners, has scored new funding from Idealab's New Venture Group. Size of the funding round was not disclosed. Delacruz said that the firm is one of the first investments from a new effort at Idealab to invest in outside ideas. READ MORE>>.
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 PasadenaAngel, I wanted to be shocked, but I wasnt. The Angelfunding process can be arduous.
Los Angeles-based Atlas Powered , a developer of software for managing calendar, task, and contact data on iOS and Android, has raised $700,000 in a funding round, the firm said today. According to Atlas Powered, the funding will go towards development and commercialization of its app for iOS and Android.
in funding in Q3, up in terms of dollars from Q3 of last year, when $670.9M In Los Angeles, near $324.2M Finally, the third biggest area for funding was Retailing/Distribution, which had a total of $105.7M was raised. billion in investments; followed by New England, with $826.1M in investments. in investments. in investments.
This morning, Pasadena-based Perfect Market (www.perfectmarket.com) announced a new, $9M round of funding for the firm's technology, which is used to help publishers monetize their content. Congrats on funding. Julie Schoenfeld: Intersting, the Los Angeles Times was one of our first customers.
Glendale-based MyShape , which operates an online retailer focused on matching women to clothing based on their body type, confirmed this morning that it has raised a third round of venture funding. Amount of the funding round was not disclosed, although a regulatory filing last week placed the round target at $12.1M.
Bolstering Freebinar's efforts is new funding from the PasadenaAngels and the Tech Coast Angels. Financial details of that funding were not disclosed, however, CEO Costin Tuculescu confirmed that it just saw a first close on its Series A.
Pasadena-based Rockoco , a spinout of Caltech, has raised $1.5M in a funding round, according to lead investor the PasadenaAngels. According to the firm, it will use the funding to move the firm out of its current home at Caltech into its own facility.
According to the PasadenaAngels, one of the investors in the firm, the round also included the Tech Coast Angels and un-named venture capital firms. The PasadenaAngels said the funding will go towards expanding and growing Ondax's optic solutions. READ MORE>>.
A new, Pasadena-based startup out of Idealab , the startup incubator headed by Bill Gross, is hoping to bring 3D printing to the masses for $149. Financial details of the new funding for New Matter was not announced.
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 PasadenaAngels. Ocular, led by CEO Marcus O. READ MORE>>.
The funding brings Southern California's total 2012 investments to $3.2 Los Angeles had a total of $311.25M in deals for the quarter, followed by Orange County with $197.8M, then San Diego, with $174.6M in funding. in funding. That total was less than the $859.6M billion in venture capital. or the year, $26.5
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 PasadenaAngels revealed today that their return on Bluebeam was 20x for angels who participated in funding Bluebeam.
Pasadena-based Idealab has led a round into LA-spawned Mingly , a developer of software which connects Gmail with a user's social networks. Mingly said it raised $500,000 in a seed round of financing from Idealab, Allen Morgan, Alex Karelin, and other angels Wednesday. and Startup Nights here in LOs Angeles.
Pasadena-based LeisureLink , which operates an online marketplace and service for vacation rental booking, has raised $3.5M in a funding round. Details on the funding have not been announced by the firm. The round came to light through last week's PricewaterhouseCoopers/NVCA MoneyTree report. READ MORE>>.
Local angel investors--including the Tech Coast Angels and PasadenaAngels --might just have another big hit on their hands, with the news today that San Luis Obispo-based Mindbody has filed for an IPO. READ MORE>>.
Thursday, October 19, 2017 -- How I Got Funded. PasadenaAngels. A successful start-up requires funding, mentoring and strong community partnerships. Engage in our panel discussion with PasadenaAngels' portfolio companies and network with our angel investors. See [link] (more)
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. What is Foodme all about? How do users do that?
Los Angeles-based Gridtest Systems , a developer of measurement tools for the electric vehicle (EV) market, said this morning that it has raised a seed round of funding from the PasadenaAngels and the Tech Coast Angels. Financial terms of the investment were not announced. READ MORE>>.
Gevo--which is now based in Englewood, Colorado--was started in Pasadena, and has licensed technology from both the University of California, Los Angeles, and Caltech. Gevo , a startup which is developing renewable chemicals and biofuels technology, has filed for an IPO, according to an S-1 filing by the firm Thursday afternoon.
Adhesive Games , the Alhambra-based, independent game publishing studio which is part of Meteor Entertainment has just scored a big, $18M funding round from Rustic Canyon Partners , Chinese game publisher KongZhong, and others to help bring its first title to market, Hawken. Alhambra is a suburb of Los Angeles, just south of Pasadena.
According to the report, there was $472.15M invested in Los Angeles, $222.4M The biggest investments for the quarter were for Culver City-based NantHealth , the digital health venture of billionaire Dr. Patrick Soon-Shiong, which raised $135M in a funding; El Segundo-based Prodege (aka Swagbucks), which raised $60.1M
Los Angeles-based MyShape , the online personalized fashion and women's clothing firm, has shut down. MyShape had raised north of $36M in funding from such investors Draper Fisher Jurvetson, Lehman Brothers Venture Partners, PasadenaAngels, Tech Coast Angels, and Tenaya Capital.
Talk about your funding? George Collado: We worked with the PasadenaAngels, Tech Coast Angels, and Siemer Ventures, and in January we raised a $300,000 seed round. angel siemer pasadenaangels coast tech startup interview enterpreneur raker staff staffranker collado george' READ MORE>>.
The PasadenaAngels have redesigned our site with a new focus on Entrepreneurs and LA Basin tech resources. We took a lesson from successful companies we have funded–we talked to the market first. You’ll see a long list of companies we’ve funded. We rebuilt the site with that in mind.
Presented by the PasadenaAngels in partnership with LAVA and Expert Dojo Launching a successful start-up requires more than grit, caffeine and an innovative idea. A successful start-up requires funding, mentoring, and smart connections.
Saturday, March 12, 2011 -- Angel Investing and Technology Trends. He will also touch on the technology trends that angels are currently interested in funding. Bootstrap2+2. See [link] (more)
Wednesday, March 21, 2012 -- Start-Up Funding In Southern California. Panel includes Ray Chan, Managing Partner at K5 Venture Partners; Anil Tammineedi, Vice President at Angeleno Group; Kiran Rao, Associate at Vicente Capital Partners; Al Schneider, Co-Founder and Past Chairman of PasadenaAngels.
Pasadena-based Cramster.com , which operates an online home help web site, is announcing today that it has raised $6M in a Series B funding. The funding came from Primera Capital. As part of the funding, Ori Sasson of Primera is joining the firm's board of directosr. READ MORE>>.
Pasadena-based MyShape , the personalized fashion retailer run by Louise Wannier, has raised $10.5M in a new round of equity funding, according to a regulatory filing by the firm Wednesday. The filing says the fundraising is part of a nearly $12.1M READ MORE>>.
The firm, which recently completed a $2.0M, Series E funding round from the PasadenaAngels and Tech Coast Angels, said Belz will represent both of those angel groups on its board. Belz was the lead investor on the funding round.
San Luis Obispo-based Mindbody Software has confirmed that it has raised $14M in a new funding round for the firm's health and wellness business management software. The firm is headed by Rick Stollmeyer, and has also received backing from the PasadenaAngels, Tech Coast Angels, and Frontera Capital. READ MORE>>.
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. READ MORE>>.
A new startup incubator and coworking space in the Los Angeles area-- Voivoda Labs --said this week that it is looking to looking to vet new startups in the area to join its newly built incubator in Glendale. Voivoda says that Babajov has ties to the Band of Angels, Tech Coast Angels, PasadenaAngels, Keiretsu Forum Angel networks.
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