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Tech Coast Angels Invests $4.5M In First Half Of 2012

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The Tech Coast Angels said today that it has totalled up its investments for the first half of 2012, and found that it invested $4,571,000 in direct investments--as part of $10M in funding--for 17 companies. Some, but not all of those fundings had been announced earlier. in 17 companies.

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Portfolium Acquired By Instructure

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Portfolium had been venture backed by SFJ Ventures, University Ventures, USA Funds, the Tech Coast Angels, Taner Halicioglu of Keshif Ventures, and others. The company had raised around $9M in total funding, and had been part of the EvoNexus startup incubator. READ MORE>>.

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MicroPower Technologies Finds $5.7M In Funding

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in an equity funding, the firm said this morning. The funding came from Karmel Capital and others. The company said the new funding will go towards product development, sales, and marketing. The company is headed by Aaron Tankersley. The devices include both a surveillance camera and wireless, mesh network hub.

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Incubating LA's Biotech Future, With Richard Koffler, Greenwings Biomedical

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A couple of weeks ago, a brand new, startup incubator launched in town--with a slightly different focus, on biomedical technology. The incubator-- Greenwings Biomedical (www.greenwingsbiomedical.com), is led by Richard Koffler , a serial entrepreneur and angel investor in Los Angeles. What is Greenwings Biomedical?

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Atlazo Finds $3.4M For Healthcare IoT Technology

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in a seed funding round. The funding round was led by the Tech Coast Angels, and the TCA's San Diego chapter. According to the TCA, its angel network members invested $2.5M in the round. The TCA said the deal is one of the largest, initial raises from the TCA in its history. READ MORE>>.

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MicroPower Turns To Financing To Spur Demand

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San Diego-based wireless video surveillance developer MicroPower Technologies --which was part of the EvoNexus business incubator--said this week that it has started up a financing program, to spur demand for its surveillance systems. MicroPower is backed by Karmel Capital, Motorola, and the Tech Coast Angels.

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MicroPower Technologies Steals Away Engineering VP From 3D Robotics

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The company said Tim McConnell--the former VP of Engineering for high flying drone developer 3D Robotics--joins the company in that role to spearhead the company''s technology strategy and development, and lead its engineering team. McConnell has previously also served at Solekai Systems, among other companies.