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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.
A new report, released by the Angel Resource Institute in the last week, has spotlighted the Tech Coast Angels and the PasadenaAngels as among the top four angel groups in California, and the Tech Coast Angeles as number two in the nation in terms of the number of deals in 2016. READ MORE>>.
For all of the activity in Silicon Beach which seems to be crystallizing in Santa Monica, there are many other parts of Los Angeles which have a long history of involvement in the technology industry. One of those areas is Pasadena, home to Idealab, Caltech, and a large number of technology companies, big and small. READ MORE>>.
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 PasadenaAngels have backed developer of protein analysis equipment for the drug discovery and research market, investing $475,000 in a Series B for Wasatch Microfluidics , the group said this week. The investment by the PasadenaAngels was led by Dr.
Los Angeles-based coworking space operator Cross Campus said Tuesday that it is planning an expansion, and will be opening up a new location in Pasadena. According to Cross Campus, it has selected a space in Old Pasadena, which will be around 16,000 square feet and encompass three floors. The new location is at 87 N.
Scanlon is Chairman of the PasadenaAngels and also an active member of the Tech Coast Angels. Makucell , a life sciences company developing anti-aging skin products, said this morning that it has appointed Kevin J. Scanlon, Ph.D., to its board of advisors.
The Angel Capital Association , a group which represents angel investors, says this week that the changes in the final rules banning "general solicitation" of companies seeking investments from accredited investors, could "kill most angel investment in the country." Image courtesy Bigstock. READ MORE>>.
I’m planning on going to a Tech Coast Angels mixer tomorrow and the topic for me is whether there is angel funding 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.
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.
The PasadenaAngels investment group released its investment totals for 2015 this week, saying that it has invested $4.9M across 27 deals in 2015, bringing its total invested since the group was started to over $65M in over 175 companies.
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>>.
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>>.
For our Insights and Opinions section today, we're sharing a piece from Joe Platnick , a member of the PasadenaAngels, who addresses the issue of those--ahem--as le angels. If you talk to founders and CEOs that have gone through early-stage fundraising, many will share their personal stories about dealing with as le angels.
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 Angel funding process can be arduous. Continued.).
Chance Barnett , Crowdfunder (Los Angeles, crowdfunding). Allison Beal , StyleSaint (Los Angeles, fashion). James Borow and Clark Landry (shared position), SHIFT (Los Angeles, Santa Monica, advertising). Josh Brooks , OnTheRunTech.com dba Post Cards On The Run (Los Angeles, mobile apps).
The round came from the Tech Coast Angels and the PasadenaAngels. 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 firm did not detail exact timing or size of the round.
What's the best way to connect with an angel investor, and how do you get them to pay attention to your company? If you want to succeed, learn how to connect with your Angel audience. Angel groups (such as the PasadenaAngels) even publish their requirements online. You can do it in a few simple steps.
Pasadena-based software developer Bluebeam Software has been acquired by German software company Nemetschek AG , the two said late Friday. Bluebeam was a spun out of Alliance Spacesystems, and has received investments from both the PasadenaAngels and Tech Coast Angels. Bluebeam Software was led by Richard Lee.
Human resources outsourcing provider ADP is launching a new location in Pasadena, looking to tap into the wealth of technical talent with a new Innovation Center on Lake Avenue. According to ADP, the new Innovation Center will bring 350 employees to the new center, which will give it a West Coast location for its international business.
In this solo episode we meet up with Harrison Tang and talk about Spokeo, the work life experience in Los Angeles, the history of tech and the unique opportunity in Pasadena, finding your why, diversity and Innovate Pasadena.
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.
Los Angeles-based ranking and polling website Ranker , the startup led by Clark Benson and backed by Draper Associates, Rincon Venture Partners, Siemer Ventures, Lowercase Capital, BullPen Capital, Data Collective, TenOneTen Ventures, Tech Coast Angels, and PasadenaAngels, said today that it hit 11.5
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 Rockoco , a spinout of Caltech, has raised $1.5M in a funding round, according to lead investor the PasadenaAngels. Tags: rockoco diamond polishing semiconductor venture capital pasadenaangels. Rockoco also said it has scored its first customer--for a $12M order--diamond seller Subari Bros.
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>>.
Thursday, January 20, 2011 -- Los Angeles County Technology Week. Panels include: Social Media; The PasadenaAngels An Investor Panels Evaluation of Five Technology Companies; The Impact of Portable Tablets and Apps on Business; Learn Technology Trade Secrets from Top Entrepreneurs: and much more. See [link] (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>>.
Melanoma Diagnostics is headed by Dr. Kevin Scanlon, who is known in the technology community for his work with both the PasadenaAngels and the Tech Coast Angels.
AnyMeeting, which is headed by Costin Tuculescu, says it offers six-way video conferencing, VoIP support, conference calling, screen sharing, and many other tools important to small businesses; the firm is backed by the Tech Coast Angels, PasadenaAngels, Maverick Angels, Sand Hill Angels and Keiretsu Forum.
Bolstering Freebinar's efforts is new funding from the PasadenaAngels and the Tech Coast Angels. Freebinar told socalTECH today that it is looking to help users of Dimdim, which was just acquired by Salesforce.com and stopped allowing new user signups this week.
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?
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' Could be restaurants, could be hotels, could be retail.
The company, which is backed by the Tech Coast Angels, PasadenaAngels and Maverick Angels, said its new "Quick Start" program will provide those network marketers with a free, company-branded web conferencing tool, which can be made available to all of those firms' distributors at no cost.
Los Angeles-Long Beach-Santa Ana ranked further down on the list, at number 16, at $13.1M Despite the rise of investments in such areas as Santa Monica and Pasadena in recent years, that activity appears to have been drowned out by the huge population base in Los Angeles, compared to that technology investment activity, on a per-capita basis.
MINDBODY is venture backed by Frontera Capital, the PasadenaAngels, and the Tech Coast Angels. The firm said MINDBODY Finder will display fitness classes and wellness appointments which consumers can book online, and allow consumers to handle all of the scheduling and booking of those services. 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.
Pasadena-based LeisureLink , which develops travel distribution and management software for specialty lodging providers, said Tuesday that it has linked its product with software provider InnQuest Software. LeisureLink said that InnQuest's system is used in more than 4,500 properties in more than 90 countries. READ MORE>>.
Local startup AnyMeeting is looking to help fellow Southern California startups out, saying this morning that it will provide free, one-year accounts to its premium, ad-free service to any employee of companies within select Los Angeles area incubators and accelerators. READ MORE>>.
In an unusual move for an otherwise dismal job market, Pasadena-based Idealab is joining the ranks of local companies doing aggressive recruiting of technology talent, saying today that it is running a technology job fair next week for its companies.
Among the highest ranked in the annual program was OpenX Software , based in Pasadena, which had a 44,075% five year growth rate, which was ranked at number 5 in the nation, based on its fiscal revenue growth rate from 2008 to 2012.
Pasadena-based LeisureLink , which operates an online marketplace and service for vacation rental booking, has raised $3.5M LeisureLink has previously raised funding from Clearstone Venture Partners, Group RCI, Kodiak Ventures LP, Mission Ventures, PasadenaAngels and the Tech Coast Angels. in a funding round.
Wednesday, May 16, 2012 -- First Annual Southern California Angel Summit. The Maverick Angels, Arch Angels, Golden Seeds, Harvard Business Angels, PasadenaAngels, Private Capital Network and Tech Coast Angels will all be participating. Invite only.
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