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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. Since the inception of the Pasadena Angels in 2000, members have invested over $50 million in over 120 companies. Company exit returns were as high as 10X return on initial investment.

DFJ, Pasadena Angels lead $1.4M funding in Edufii

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DFJ Frontier and Pasadena Angels have led a $1.4 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., the social/mobile platform for skill development. Read more here. Tweet Tweet.

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. million, PA Fund 1 (The Fund). Tweet Tweet.

Catalyzing Innovation In Pasadena, with Innovate Pasadena

socalTECH

One of those high profile neighborhoods here is Pasadena, home of Idealab, Caltech, OpenX, and many other high tech companies and institutions.

Catching Up With Mike Giardello, President of Innovate Pasadena

socalTECH

Pasadena has a long history as a center of the technology and innovation world�all the way back to first American experiments with rocket launches in 1936�Southern California's first foray into the rocket business (sorry, SpaceX)--through the Internet boom with Idealab, to today. What else do you think Pasadena needs in the ecosystem?

Innovate Pasadena Seeks To Focus Pasadena's Innovation, Tech Efforts

socalTECH

One of those areas is Pasadena, home to Idealab, Caltech, and a large number of technology companies, big and small. To help bring some focus to the area, a new group, Innovate Pasadena , said this morning that it has launched to promote Pasadenas a leading center for innovation for technology and design. READ MORE>>.

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. • I have never seen such energy at the Pasadena Angels in my decade+ as a member. Angels have been attending many outside events, both in Greater Pasadena and further afield in Silicon Beach.

Ten Of The Top Tech Companies For Employees In LA

socalTECH

Who are the top tech companies to work for in Los Angeles? Despite a huge number of companies, we found there are a number which. OpenX.

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!

Pasadena Angels Release 2015 Investment Totals

socalTECH

The Pasadena Angels 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. pasadena angels investment venture capital investor seedREAD MORE>>.

Conversations with Richard Chino, pt. 1

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During my seven years at the company, we went public, were acquired by Yahoo , and I continued at Yahoo for two more years. That’s true.

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? Without that, many companies would not have gone very far.

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.

New Tech Center Emerging in Pasadena?

Steve Reich

Pasadena may be the best tech story never told. Still, Pasadena never hits anyone’s radar as a hot tech destination.

TZ Tech Crawl | Pasadena Edition!

Tech Zulu Event

Come take a tour of some of the hottest LA Tech companies located in Pasadena! Pasadena, CA). Starting Point. Raymond Ave.

Makucell Names Pasadena Angels' Scanlon To Board

socalTECH

Makucell , a life sciences company developing anti-aging skin products, said this morning that it has appointed Kevin J. Scanlon is Chairman of the Pasadena Angels and also an active member of the Tech Coast Angels. The company is headquartered in Scottsdale, Arizona. makucell pasadena angels executive lifescience aesthetic

PAs participate in Startup Weekend Pasadena

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

Pasadena Angels Fund 1 Invests in Repurpose

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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]. Tweet Tweet.

Pasadena Angels invest over $1M in iKizmet

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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. Members have invested over $65 million in over 175 companies.

Southern California Companies Have Healthy Showing In Deloitte Fast 500

socalTECH

Of those 500, there were at least 60 Southern California companies in the rankings. READ MORE>>.

PA Board Member Judges ‘Hack for Pasadena’ Event

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

Local Techies Unite to Market Pasadena

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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.

Angels Help Kick Off Pasadena’s Connect Weekend

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

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.”.

The Challenges (& Opportunities) of Starting a Tech Company in LA

Jason Nazar

I recently hosted a panel at the Twiistup Conference about LA tech companies. That’s typically not the case in Los Angeles. link].

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. 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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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!

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

Idealab Ramps Job Hiring

socalTECH

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. idealab employment angeles pasadena technology talent jobs unemployed

Congrats To The Spotlight: LA Tech Summer Presenting Companies at CalTech

Tech Zulu Event

The Spotlight is shining down these amazing LA companies! Spotlight: LA Tech Summer SuperDemo is all electric car company CODA. ENGAGE.

MRV Gets Win In Pasadena

socalTECH

Chatsworth-based optical networking products firm MRV Communications reported a win with the City of Pasadena, saying that the city will be using the company''s products to build a high-capacity, optical network. communications pasadena optical networking hardware network comm FInancial impact of the win was not announced.

Supplyframe Opens Hardware Design Lab In Pasadena

socalTECH

Pasadena-based electronic hardware design and manufacturing information service Supplyframe says it is launching a new design lab in Pasadena today, where it will look to bring together investors and entrepreneurs to bring hardware projects to market. Supplyframe is led by Steve Flagg. READ MORE>>.

Congrats To The Spotlight: LA Tech Winter Presenting Companies at Caltech

Tech Zulu Event

Months of submissions and the amazing help from our judges , the Spotlight is shinning down on awesome companies that were born right out of Southern California. And now without further ado I present the Spotlight: LA Tech Winter Companies: Spotlight Companies. Bill serves on the boards of directors of numerous companies.

PA Portfolio Company ShipHawk Scores $5M For Shipping Marketplace

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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.

Angels to the Rescue

Steve Reich

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.

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SocalTech interviews Terry Kay on Angel Investing

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

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. in new funding for its portfolio companies.

The Odd Couple: Angels and Accelerators

Steve Reich

As a Pasadena Angel, I wanted to be shocked, but I wasn’t. But as a community, we have to figure out how Angels can effectively participate in the development of accelerator-based companies. Angels tend to evaluate companies at a leisurely pace, and ask many questions. The Angel funding process can be arduous.

Coach 20

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. 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.