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. Since the inception of the Pasadena Angels in 2000, members have invested over $50 million in over 120 companies.

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.

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

Catalyzing Innovation In Pasadena, with Innovate Pasadena

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One of those high profile neighborhoods here is Pasadena, home of Idealab, Caltech, OpenX, and many other high tech companies and institutions. We caught up with Andy Wilson , who is behind the effort, to hear about why he thinks Pasadena needs its own technology identity.

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? Sometimes the answer is that the team is too busy building a great company to worry about generating press outside their own industry. Companies like Bluebeam point out the reality.

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. materia caltech idealab group economic startup pasadena innovate

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. Our partnership with Andy Wilson and the Innovate Pasadena team has been enormously helpful, too.

Ten Of The Top Tech Companies For Employees In LA

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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. Although it's impossible to include all the companies suggested to us (there were dozens and dozens), here's some of the ones that stood out: 1.

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. We took a lesson from successful companies we have funded–we talked to the market first. You’ll see a long list of companies we’ve funded.

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 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 seed

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. We sold the company to ValueClick , now known as Conversant. That’s when I came across the Pasadena Angels.

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

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For Friday''s interview, we spoke with Terry Kay ithe new Chairman of the Pasadena Angels (www.pasadenaangels.com) on the group, and its relevance in the technology funding world today. First off, for those not familiar with the Pasadena Angels, talk about the group?

Progress in Pasadena, Part II

Steve Reich

The Pasadena Innovation Council organized a great tech executive meeting in Pasadena on Friday. This is another good step toward pulling together the tech community in the greater Pasadena area. You can find out about the next gathering at Innovate Pasadena.

New Tech Center Emerging in Pasadena?

Steve Reich

Pasadena may be the best tech story never told. A number of tech companies, such as Bluebeam and Materia, are quietly building powerful businesses, and many startups are in Old Town. Still, Pasadena never hits anyone’s radar as a hot tech destination.

Makucell Names Pasadena Angels' Scanlon To Board

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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 aestheticScanlon, Ph.D., to its board of advisors. Makucell did not say if it received an investment from either group as part of the appointment.

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). Why not stop by for a quick beer, game, snack or just say hi at one of the many Pasadena tech companies from 7pm to 10:30pm? The post TZ Tech Crawl | Pasadena Edition!

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. Sheldon of Sheldon Mak & Anderson; and Pasadena Angels Julie-Ann Pina and Steve Reich.

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.

Southern California Companies Have Healthy Showing In Deloitte Fast 500

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Southern California had a healthy showing in the latest ranking of the fastest growing companies from Deloitte''s Technology Fast 500 , which was announced last night. Of those 500, there were at least 60 Southern California companies in the rankings.

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. The Pasadena Angels have previously invested $930K in iKizmet; this additional funding from The Fund will bring the total amount the Pasadena Angels invested in iKizmet to well over $1M.

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. The Pasadena Angels have previously invested $750K in Repurpose. We are pleased to be an additional source of funding for our portfolio companies.

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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From left to right: Erik Hovanec, Managing Director of The Design Accelerator, and fellow Pasadena Angels Bill Pinney, Terry Kay, and Brad Schwartz at the Kickoff Mixer held Thursday night.

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. Wasatch’s product package, which groups early stage antibodies, is already being sold to major pharmaceutical companies. 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. I have some pretty specific thoughts on the differences between companies in the two cities, as I wrote about in my previous post A Tale of Two Tech Cities.

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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Staff Ranker: Helping Hospitality Businesses Better Manage Workers

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However, Redondo Beach-based StaffRanker (www.staffranker.com) has rolled out a system to help those companies better manage what is a notoriously difficult segment of the labor market, which has a lot of turnover and which just doesn''t match existing, corporate performance management systems.

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. Pasadena Angels funded companies have gone on to raise over $500 million from additional funding sources such as venture capital and private equity. Company Creation/Operation Finance & Accounting General News

Idealab Ramps Job Hiring

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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. The employment job picture for technology companies is a stark contrast to California's overall unemployment rate of 12.1 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! And now without further ado I present the Spotlight: LA Tech Summer Winners: Spotlight Companies. It gives music companies a direct pipeline to market their products and services to music fans. Its Time! Its Time!

MRV Gets Win In Pasadena

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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

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 Gross founded Idealab in March 1996 and serves as the company’s Chairman of the Board and Chief Executive Officer. Bill serves on the boards of directors of numerous companies.

Supplyframe Opens Hardware Design Lab In Pasadena

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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. According to the company, the Supplyframe Design Lab will include 4,900 square feet of lab space to help with product design, manufacturing, and more.