socalTECH

FEBRUARY 21, 2014

In one of the largest rounds for a Central Coast company in recent years--and the largest venture investment in San Luis Obispo ever--cloud software maker MindBody has raised $50M in a funding round. Mindbody first raised funding back in 2009, when it gained backing from the Tech Coast Angels, Pasadena Angels, and other local angels.

Tech Coast Angels 147

Tech Coast Angels Pasadena Angels Pasadena Venture Capital 147

socalTECH

APRIL 26, 2012

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. Cadence Biomedical is based in Seattle. READ MORE>>.

Tech Coast Angels 162

Tech Coast Angels Angel Keiretsu Funding 162

socalTECH

APRIL 4, 2011

The funding was led by Tim Draper of Draper Fisher Jurvetson , and also included Rincon Venture Partners , Newport Coast Investments , Gil Elbax of Factual, the Pasadena Angels , and Siemer Venture Capital. The firm said it is looking to help provide credible answers to questions through the "wisdom of crowds".

Draper 162

Draper Pasadena Angels Pasadena Venture Capital 162

socalTECH

FEBRUARY 9, 2012

Voivoda Labs--headed by Val Babajov, the former CEO of WebMessenger--said it is looking to vet around 15 startups via a pitch event later this month, to help secure investment for the winner. Voivoda says that Babajov has ties to the Band of Angels, Tech Coast Angels, Pasadena Angels, Keiretsu Forum Angel networks.

Glendale 196

Glendale Incubator Tech Coast Angels Keiretsu 196

socalTECH

FEBRUARY 11, 2011

MyShape apparently had run out of money three times between April and November of last year, was unable to garner enough support from its existing investors for more cash, and had hired an investment bank to sell the company, unsuccessfully.

MyShape 217

MyShape Tech Coast Angels Draper Pasadena Angels 217

socalTECH

FEBRUARY 25, 2010

For our Insights and Opinions section today, we have an article from Joe Platnick of the Pasadena Angels , who delves into some of the criteria for selecting an angel group. 2. Do they actually have capital and a track record of investing their own personal funds. 4. How do they say 'no'. 7. Advice.

Angel 100

Angel Pasadena Angels Pasadena Invest 100

socalTECH

FEBRUARY 23, 2011

Pasadena-based Foodme (www.foodme.com) is one of the first, external startups funded out of Idealab's New Venture Group, and is looking to help connect restaurants with customers using a CPA model. The firm so far has signed up a number of restaurants in the Pasadena area. We're one of the first investments out of that group.

Idealab 217

Idealab Pasadena Pasadena Angels Demand 217

Steve Reich

AUGUST 9, 2012

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. So what do we do?

Angel 49

Angel Pasadena Angels Venture Capital Pasadena 49

Tech Zulu Event

FEBRUARY 8, 2013

million led by GRP Partners, with participation from Baroda Ventures, Bertelsmann Digital Media Investments (BDMI), Daher Capital, Double M Capital, Karlin Ventures, Clark Landry, Andy Rankin, and Launchpad LA. Less Neglect helps companies reduce churn, upsell users, and increase customer acquisition rates.

GRP Partners 96

GRP Partners Startup Tech Coast Angels Bertelsmann 96

socalTECH

JUNE 25, 2009

Los Angeles-based XCast Labs (www.xcastlabs.com) announced earlier this month that it has raised a $2.7M round of funding from the Pasadena Angels and Frontera Capital for a voice-over-IP service, and we thought we'd talk with Cliff Rees, the firm's CEO, to understand how the firm is different from those many providers.

IP 165

IP Pasadena Angels Pasadena Los Angeles 165

socalTECH

JANUARY 20, 2011

Freebinar is backed by the Pasadena Angels and the Tech Coast Angels. I believe the key here is key, and the ability to provide this for free, which is why we took the recent investment. It's to help us grow quickly and to bring this product to the huge, small business market.

Tech Coast Angels 178

Tech Coast Angels Web Screening Pasadena Angels 178

Steve Reich

AUGUST 15, 2015

MindBody (MB on Nasdaq), just went public with a $500mm market cap, and they had a significant number of Pasadena Angel as investors. The key to managing your Angels? A strong lead and experienced Angels help, as Mr. Suster noted. Most reputable Angel groups can supply both.

Angel 40

Angel News Pasadena Angels Seed Funding 40

socalTECH

OCTOBER 20, 2011

In addition, the investors decided they were just tired of their investment, and wanted to move on. Most of the board was from the Tech Coast Angels and Pasadena Angels, and while they are good people--and frankly, from their point of view--it made sense not to nurse it along in their portfolio when a company isn't going to make it.

Outsource Development 190

Outsource Development Startup Outsource Altadena 190

socalTECH

MARCH 31, 2014

After three years of that, I decided I needed to go back to the entrepreneurial world, and joined up with another young company, which was SupplyFrame in Pasadena. I helped to grow that to a major player in ecommerce and online advertising, which is used to find and buy chips use in your iPhone, in your computer, and everything else today.

Orange County 245

Orange County Startup News IBM 245

socalTECH

NOVEMBER 12, 2008

Matthew Graczyk is founder of angel-backed Zubican (www.zubican.com)--saw a problem, which was the difficulty of finding suppliers for products for businesses--and decided to solve the problem, with a site specifically targeted at helping B2B buyers and sellers connect. He's now at Gogii, which has received investment from Kleiner.

SEO 100

SEO Advertising Gogii Tech Coast Angels 100

Tech Zulu Event

JUNE 28, 2012

Thank you all for helping make SBF happen, including engaging attendees, smart panelists , amazing volunteers, up-til-3a organizers , supportive partners and sponsors , and gorgeous hotels Erwin and Viceroy. Shira Lazar from What’s Trending moderated Angel Pitch Day after an entertaining discussion with Josh Berman, CEO of BeachMint.

Hollywood 67

Hollywood Technical Review Startup Rustic Canyon 67