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Pasadena Angels Invest Over $4M in 2014

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Pasadena Angels for the 3rd consecutive year invested over $4 million in an array of exciting start-up companies. Pasadena, Calif. April 6, 2015 — Pasadena Angels (PA) today announced that the group has invested a total of $4,163,000 in 17 deals during the year of 2014, making it the third consecutive year with over $4 million invested in deals. Pasadena Angels members invest individually and directly, without any legal pooling of financial resources.

Pasadena Angels Form $1.3M Investment Fund

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Pasadena, California (June 1, 2016) – The Pasadena Angels (PA) today announced the formation of their first investment fund at $1.3 The Fund will specialize in seed and early stage investments and will co-invest exclusively in deals that are subscribed by Pasadena Angels members. The Pasadena Angels’ 100 plus members invest individually and directly, without any legal pooling of financial resources.

DFJ, Pasadena Angels lead $1.4M funding in Edufii

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DFJ Frontier and Pasadena Angels have led a $1.4 Other participants in the funding round include the Gideon Hixon Fund, Tech Coast Angels, SLO Seed Ventures and coaching industry private investors including Tiger Woods’ first coach Rudy Duran. Blog Company Creation/Operation Fundraising General News Angel Capital Angel Investing Company Sale Exit Strategies Pasadena Angels Startups Valuation VC million Series A funding in Edufii Inc.,

Pasadena Angels Release 2015 Investment Totals

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The Pasadena Angels investment group released its investment totals for 2015 this week, saying that it has invested $4.9M The angel groups said thirteen new companies received investments from the group, including Orca Inventory Systems, Episona, Nailsnaps, Pasture Bird, Level27, Datum Security, Veristride, Connected Signals, granPad, Beatshare, Tallygo, Happy Desk, and Pick my Solar. pasadena angels investment venture capital investor seed

Pasadena Angels Back Scientific Equipment Startup

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The Pasadena Angels 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 Pasadena Angels was led by Dr. Kevin Scanlon. wasatch microfluidics protein analysis venture capital drug development discovery pasadena angels angel investment

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. pasadena angels exits venture capital angel investment bluebeam tech coast investors greendot gdot

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Pasadena Angels Announces Strongest Funding Numbers in 2015

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Pasadena Angels (PA) announced today that our group has invested a total of $5 million in 27 deals in 2015, making it the most successful year in our fifteen year history. Pasadena Angels funded companies have gone on to raise over $500 million from additional funding sources such as venture capital and private equity.

Pasadena Angels Portfolio Company Wasatch Microfluidics Completes Capital Raise

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Pasadena, CA (PRWEB) June 30, 2014 – The Pasadena Angels and Wasatch Microfluidics today announced that Wasatch had closed a $2 million funding round from existing investors and Kirk Ririe, founder of BioFire Diagnostics. This is a great example of the Angels partnering with a gifted management team to build a growing company.”. $2 Million Round Will Power Continued Growth.

Angels to the Rescue

Steve Reich

The one group of investors you can count on to support you in a crisis are your Angels, and I saw two examples over the Holidays. Over a few short weeks during the Holidays, groups of Angels, one led by Dave Berkus, raised enough money to secure the futures of these companies.

Pasadena Angels Racked Up Four Exits, Closed 17 Deals in 2014

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The Pasadena Angels , 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. pasadena angels exits venture capital angel investment bluebeam

The Curse of a Modest Exit

Steve Reich

Angel investors, some of whom I had personally witnessed calmly losing six figures on failed ventures, were seriously annoyed. If you didn’t believe that, you couldn’t be a founder or angel investor. Angel Investing pasadena angels

The Odd Couple: Angels and Accelerators

Steve Reich

At a recent accelerator event on the West Side, a friendly young founder told me that he had been coached by his mentor not to talk to Angel groups. As a Pasadena Angel, I wanted to be shocked, but I wasn’t. The Angel funding process can be arduous. But as a community, we have to figure out how Angels can effectively participate in the development of accelerator-based companies. Building ties between accelerators and Angels is a key part of the solution.

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Pasadena Angels Invest in a $475,000 Series B Investment in Wasatch Microfluidics

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Pasadena, CA – April 23, 2012 –There couldn’t be a better example of putting the unique founding principles of The Pasadena Angels into practice than the story of their investment in Wasatch Microfluidics. The Pasadena Angels have just finished a $475,000 Series B investment in Wasatch Microfluidics, a company that sells protein analysis equipment for drug discovery research. It has been an absolute pleasure to work with the Pasadena Angels.

Pasadena Angels Participate in a $1.6 million Series A Investment in JobSync

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Pasadena, Calif., Series A investment from The Pasadena Angels, Tech Coast Angels, and other angel investors from across the country. Danny and I had been speaking for almost a year before we invested in JobSync,” says Barry Paulk, a Pasadena Angel and leader of the investment round. The Angels look forward to a successful exit in the next few years. About the Pasadena Angels.

Gridtest Systems Secures Investment from Pasadena Angels and Tech Coast Angels

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Los Angeles, CA (PRWEB) March 20, 2012 – [link]. an independent provider of high-value test and measurement tools for electric vehicle (EV) charging , announced it has closed a seed investment round with Pasadena Angels and Tech Coast Angels. We’re pleased that angel investors have recognized our achievements to date and our commitment to becoming a leading player in the electric vehicle infrastructure testing market.”. About the Pasadena Angels .

Obama’s SEC Trying to Kill Entrepreneurship

Steve Reich

New SEC regs will destroy your ability to raise capital. Worse yet, Angels will no longer be able to “self certify” as accredited investors–we will have to show W2′s or proof of our net worth, and most of us will never be willing to share such personal information.

Mindbody Raises $50M at $450M Valuation; IPO Likely in 2015

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Lizette Chapman of the Wall Street Journal talks to Rick Stollmeyer, CEO of MindBody software, which was funded by the Pasadena Angels, about their recent $50M raise and likely IPO in 2015.

MindBody Software IPO reaches $500mm

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MindBody, Inc, launched an IPO today, the first Pasadena Angels company to achieve that milestone. Ten years after a small group of Pasadena Angels put up $200,000 to fund its initial expansion, MindBody finished the day at a market cap of $500mm. Congratulations to Rick Stollmeyer and team at MindBody, as well as all of those Angels who participated.

PAs participate in Startup Weekend Pasadena

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Winning team Digital Production Studio presents at Startup Weekend Pasadena. Judges Left to Right: Pasadena Angel Omo Velev; Paul Orlando, co-founder of AcceleratorHK; patent attorney Jeffrey G.

Schlep & Fetch CEO Bryson Strauss Picks Up Great Press

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Kuo of SocalTech.com interviews CEO Bryson Strauss of Schlep & Fetch , and discusses how they got started, what makes them unique, where they’re going next, and how the Pasadena Angels helped make it happen. Fundraising General News Uncategorized Angel Capital Angel Groups Angel Investing Ben Kuo Bryson Strauss Fetch Funding Pasadena Angels Schlep Schlep & Fetch SocalTECH.com Startups Syndication Tech Coast Angels

iPourIt Gets $2M For Beer Serving System

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The startup, which is based in Orange County, said that the funding round came from the Tech Coast Angels, Pasadena Angels and Harvard Business School Alumni Angels. iPourIt.

SocalTech interviews Terry Kay on Angel Investing

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Kuo from SocalTech.com recently interviewed Terry Kay about his new role as chairman of the Pasadena Angels, angel investing, and the role of angels in today’s entrepreneurial environment. Benjamin F.

MINDBODY Prices IPO, Starts Trading Today

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MINDBODY is venture backed by Bessemer Venture Partners, Catalyst Investors, Institutional Venture Partners, W Capital Partners, and J.P. Morgan, along with the Tech Coast Angels, Frontera Capital, and the Pasadena Angels. San Luis Obispo-based MINDBODY priced its IPO last night at $14.00 per share, at the midpoint of its initial estimated trading range of $13.00 to $15.00 per share.

Pt. 1 Conversations with Ananth Natarajan

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As a member of the Pasadena Angels, he brings extensive experience in the healthcare field to bear on emergent business opportunities. What aspects of the Pasadena Angels strike you as unique? Q: How do you determine when an opportunity is right for the Pasadena Angels?

iPourIt Gets $2M For Beer Serving System

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The startup, which is based in Orange County, said that the funding round came from the Tech Coast Angels, Pasadena Angels and Harvard Business School Alumni Angels. ipourit beer serving self serve venture capital angel alcohol wine hospitality retail restaurant

Conversations with Richard Chino, pt. 2

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In addition to his membership with the Pasadena Angels, Richard has been serving on the Board of ShipHawk, StaffRanker, and C2FO, and is a member of the Advisory Board of Chippmunk. Today, Richard shares his views on how the Pasadena Angels fit in today’s competitive funding landscape.

Ranker Hits 11.5M Uniques In December

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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 Pasadena Angels, said today that it hit 11.5

Insights and Opinions: The Curse of a Modest Exit

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For today’s Insights and Opinions article, we have an article from angel investor Steve Reich , who talks about the pros and cons of a modest exit in an investment. Blog Company Creation/Operation News Product/Technology Uncategorized Angel Capital Angel Groups Angel Investing Company Sale Economy Exit Strategies Exit Strategy Pasadena Angels Startup Companies Startups VC

PA Board Member Judges ‘Hack for Pasadena’ Event

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Hack for Pasadena winners. Hack for Pasadena winners. Hack for Pasadena winners. PA Board Member Steve Reich participated as one of the judges in the first Hack for Pasadena event conducted as part of Innovate Pasadena’s Connect Weekend.

Conversations with Richard Chino, pt. 3

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In addition to his membership with the Pasadena Angels, Richard has been serving on the Board of ShipHawk, StaffRanker, and C2FO, and is a member of the Advisory Board of Chippmunk. Richard Chino is passionate about investing in the business environment.

PA Alumni Bluebeam Software Acquired For $100M

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Socaltech.com reports Pasadena-based software developer Bluebeam Software has been acquired by German software company Nemetschek AG , the two said late Friday. Blog Company Creation/Operation Fundraising General News People/Personnel Product/Technology Uncategorized agreements Angel Capital Angel Groups Angel Investing Bluebeam Company Sale Exit Strategies Exit Strategy Pasadena Pasadena Angels Richard Lee SocalTECH.com Startup Companies Valuation

PA Portfolio Company ShipHawk Scores $5M For Shipping Marketplace

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The startup, led by Jeremy Bodenhamer, said the funding came from DN Capital, and also included Karlin Ventures, Rothenberg Ventures, and Wavemaker Partners (formerly Siemer Ventures). DN Capital’s Steve Schlenker also joins the company’s board. Socaltech reports that Santa Barbara-based ShipHawk , the online developer of technology for helping connect users with shipping companies, has raised $5M in a funding round, the company said this morning.

Southern California Firms Get $694M In Q3 2012 Venture Funding

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The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report finds that companies here in Southern California raised $695.4M billion has been invested in the region via venture capital. In Los Angeles, near $324.2M

Southern California Startups Raise $761.12M in Q2 2014

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The latest venture capital totals from the PricewaterhouseCoopers/National Venture Capital Association''s MoneyTree Report was released this evening, tallying up $761.12M in investments in Q2 of 2014 in Southern California, up from Q2 of 2013, when $616.83M was invested in the region. According to the report, there was $472.15M invested in Los Angeles, $222.4M finance investor 2014 tally investment survey nvca moneytree capital venture california southern

Southern California Venture Deals Hit $683.7M in Q4 2012

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The latest numbers from the PricewaterhouseCoopers/National Venture Capital Association MoneyTree report were released today, finding that a total of $683.7M billion in venture capital. southern california venture capital funding totals moneytree thompson reuters investment 2012

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. ranker venture capital funding ranking list consumer content

MindBody Software Raises $9.0M More

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Source of the new funding was not disclosed, however, the firm has previously raised capital from Bessemer Venture Partners, Catalyst Investors, Tech Coast Angels, Pasadena Angels, and Frontera Capital.

Gridtest Systems Gets Seeded

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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 Pasadena Angels and the Tech Coast Angels. gridtest systems venture capital seed funding electric vehicle cleantech

OptionEase Acquired By Solium Capital

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Mission Viejo-based OptionEase , the developer of software-as-a-service for tracking stock options and equity, as well as valuation and compliance, has been acquired by Solium Capital Financial terms of the buy were not disclosed. OptionEase, which was headed by Kim Kovacs, was venture backed by the GADS Option Fund, Miramar Venture Partners , Pasadena Angels , and Tech Coast Angels.

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. The funding was led by HealthTech Capital, and also included the Sand Hill Angels, Tech Coast Angels, ACE Fund, Frontier Angel Fund, WINGS, Alliance of Angels, and Keiretsu Forum Northwest.

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