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Tech Coast Angels Fund Cadence Biomedical

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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.

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Parchment Acquired By Brentwood Associates

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Parchment got its start in Los Angeles as Docufide, a startup offering up handling of high school transcripts for colleges and university applications; Docufide was venture backed by the Tech Coast Angels and Pasadena Angels. Financial terms of the acquisition were not announced. READ MORE>>.

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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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Another Big Exit For Local Angels With Mindbody?

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Local angel investors--including the Tech Coast Angels and Pasadena Angels --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>>.

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Yowza Gets Angel Funding For Mobile Coupons

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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 Pasadena Angels. The firm did not detail exact timing or size of the round.

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Ranker Finds More Funding

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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 Pasadena Angels, according to CEO Clark Benson.

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Allylix Acquired By Evolva

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Allylix was venture backed by Avrio Ventures, BASF Venture Capital GmbH, Blue Grass Angels, Cultivian Ventures, Life Science Angels, Midpoint Food & Ag Fund, Pasadena Angels, Tate & Lyle Ventures, and the Tech Coast Angels. READ MORE>>.