Trending Sources

Pasadena Angels Invest Over $4M in 2014

Ask the Angels

Pasadena Angels for the 3rd consecutive year invested over $4 million in an array of exciting start-up companies. Pasadena, Calif. Since the inception of the Pasadena Angels in 2000, members have invested over $50 million in over 120 companies. PR Contacts: Julie Pantiskas. JuliePantiskas@gmail.com.

Pasadena Angels Form $1.3M Investment Fund

Ask the Angels

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. Tweet Tweet.

DFJ, Pasadena Angels lead $1.4M funding in Edufii

Ask the Angels

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. million Series A funding in Edufii Inc., Read more here. Tweet Tweet.

2014 Was An Amazing Year for the Pasadena Angels

Steve Reich

2014 Pasadena Angels Performance. • 4 Exits, including Bluebeam for $100mm. • $4.7mm in new funding for portfolio companies. • 20 New Angels joined. I have never seen such energy at the Pasadena Angels in my decade+ as a member. It’s hard to exaggerate the impact IP is having in Pasadena.

New Pasadena Angels Site Launches

Steve Reich

The Pasadena Angels have redesigned our site with a new focus on Entrepreneurs and LA Basin tech resources. Let me know what you think!

Making The Pasadena Angels Relevant To Today's Startups, With Terry Kay

socalTECH

First off, for those not familiar with the Pasadena Angels, talk about the group? How about for angel investors, advice for them?

Pasadena Angels Fund 1 Invests in Repurpose

Ask the Angels

Pasadena, California (February 23, 2017) – The Pasadena Angels (PA) today announced the fourth investment from their PA Fund 1 (The Fund). The Fund invested an additional $100K in Repurpose, a Los Angeles based consumer products company that makes plant based, 100% compostable tableware products. link].

Pasadena Angels invest over $1M in iKizmet

Ask the Angels

Pasadena, California (September 22, 2016) – The Pasadena Angels (PA) today announced the second investment from their PA Fund 1 (The Fund). CEO Andres Moran founded iKizmet after 10 years of the leadership at Mindbody, a Pasadena Angels portfolio company. Tweet Tweet.

Bluebeam Nets Local Angel Groups 20X Return

socalTECH

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

.Net 41

Staff Ranker: Helping Hospitality Businesses Better Manage Workers

socalTECH

In an industry which has a turnover ratio of about nine months, most companies do these one year reviews which don''t make any sense. Thanks!

The Best Pasadena Tech Company You’ve Never Heard Of

Steve Reich

Why are there great tech companies in Pasadena that no one has heard of? Companies like Bluebeam point out the reality.

Pasadena Angels Announces Strongest Funding Numbers in 2015

Ask the Angels

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. PA members have invested over $65 million in over 175 companies since its inception. Company Creation/Operation Finance & Accounting General News

Pasadena Angels Portfolio Company Wasatch Microfluidics Completes Capital Raise

Ask the Angels

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. $2 Million Round Will Power Continued Growth. link]. link]. million in early-stage and seed funding.

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. What then?

Angel 26

The Curse of a Modest Exit

Steve Reich

You hear about extreme outcomes all the time—the huge exit or a company shutting down. It became a real source of revenue for the company.

Tips 19

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

socalTECH

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. READ MORE>>.

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. The conflict is built in. So what do we do? We need each other.

Coach 20

Five reasons bring your deal to the Pasadena Angels

Ask the Angels

There are a lot of great Angel Funding opportunities in Southern California. I have listed below five reasons to bring your deal to the Pasadena Angels. The companies that are funded usually have a Pasadena Angel board member to help advise them. Pasadena Angels-More than the Money!!

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

Ask the Angels

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. We are very proud at the Pasadena Angels to fund this special company in a record time; in less than four weeks.”

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

Ask the Angels

JobSync matches candidates to jobs at leading companies based on experience, qualifications, and personality. Pasadena, Calif., MAR 8, 2012 – JobSync, an innovative online career service that reinvents recruiting for candidates and companies alike, has raised a $1.6M About the Pasadena Angels. Contact: Barry Paulk.

Gridtest Systems Secures Investment from Pasadena Angels and Tech Coast Angels

Ask the Angels

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. About the Pasadena Angels . About Tech Coast Angels .

Have a Look Inside an Angel’s Brain

Ask the Angels

As Angel investors, we like to see entrepreneurs with a laser-like focus on themselves, their venture, and fundraising. With startups, fundraising is usually the most formidable challenge, whether the money comes from Angels, VCs, or other sources. Along with focusing on returns, Angels typically shy away from sectors of past failure.

PA Portfolio Company ShipHawk Scores $5M For Shipping Marketplace

Ask the Angels

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. DN Capital’s Steve Schlenker also joins the company’s board. Tweet Tweet.

PAs participate in Startup Weekend Pasadena

Ask the Angels

Winning team Digital Production Studio presents at Startup Weekend Pasadena. Tweet Tweet.

SocalTech interviews Terry Kay on Angel Investing

Ask the Angels

Benjamin F. Terry Kay. Benjamin Kuo. Tweet Tweet.

Conversations with Richard Chino, pt. 2

Ask the Angels

Today, Richard shares his views on how the Pasadena Angels fit in today’s competitive funding landscape. We have a good network. RC: Yes.

MindBody Software IPO reaches $500mm

Ask the Angels

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. link] /. Tweet Tweet.

Progress in Pasadena, Part II

Steve Reich

The Pasadena Innovation Council organized a great tech executive meeting in Pasadena on Friday. It was a great crowd.

iPourIt Gets $2M For Beer Serving System

Ask the Angels

iPourIt. iPourIt’s system is used for dispensing wine and beer at bars, restaurants, stadiums, and arenas. Go here to read more. Tweet Tweet.

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

Ask the Angels

Tweet Tweet.

Web 2

Conversations with Richard Chino, pt. 3

Ask the Angels

Chiefly, I look at companies that are doing things that are helpful. Richard Chino is passionate about investing in the business environment.

Insights and Opinions: The Curse of a Modest Exit

Ask the Angels

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. Read more. Tweet Tweet.

Swing by Swing Golf Acquired by Back9Network

Ask the Angels

The Wall Street Journal reports that Back9Network announced today that it has completed the acquisition of Swing by Swing Golf, a Palo Alto startup backed by the Pasadena Angels. Read the press release. Tweet Tweet.

Pt. 1 Conversations with Ananth Natarajan

Ask the Angels

As a member of the Pasadena Angels, he brings extensive experience in the healthcare field to bear on emergent business opportunities.

PA Alumni Bluebeam Software Acquired For $100M

Ask the Angels

Socaltech.com reports Pasadena-based software developer Bluebeam Software has been acquired by German software company Nemetschek AG , the two said late Friday. According to the two, Nemetschek will pay $100M for BlueBeam, which is a developer of PDF software used for architecture, engineering, and construction. Read more.

Angels Help Kick Off Pasadena’s Connect Weekend

Ask the Angels

area food trucks, music and beverages while discovering how the people, places and ideas that make Pasadena a great source of innovation.

Yowza Acquired by Spindle

Ask the Angels

Los Angeles-based Yowza , the developer of a mobile coupon and deals app, which was backed by comedian Wayne Brady, the Tech Coast Angels, the Pasadena Angels, and others, has been acqurieed by mobile commerce software provider Spindle. Read the story. Tweet Tweet.

PA Board Member Judges ‘Hack for Pasadena’ Event

Ask the Angels

Hack for Pasadena winners. Hack for Pasadena winners. Hack for Pasadena winners. Tweet Tweet.

Web 2

Local Techies Unite to Market Pasadena

Ask the Angels

Read Andrea Chang’s article in the Los Angeles Times how Pasadena techies are uniting to market the city as a thriving technology hub. Blog Business Products and Services General Marketing/Advertising Media and Entertainment News Pasadena Pasadena Angels Startup Companies Startups Tweet Tweet.

MINDBODY Prices IPO, Starts Trading Today

socalTECH

Morgan, along with the Tech Coast Angels, Frontera Capital, and the Pasadena Angels. The Central Coast company provides cloud-based, appointment and scheduling software for spas, hair stylists, and many other appointment-focused businesses. San Luis Obispo-based MINDBODY priced its IPO last night at $14.00 to $15.00