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. 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. Pasadena Angels members invest individually and directly, without any legal pooling of financial resources.

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. The Pasadena Angels’ 100 plus members invest individually and directly, without any legal pooling of financial resources.

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. 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.,

2014 Was An Amazing Year for the Pasadena Angels

Steve Reich

2014 Pasadena Angels Performance. • 20 New Angels joined. 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. It’s hard to exaggerate the impact IP is having in Pasadena.

Pasadena Angels Back Scientific Equipment Startup

socalTECH

The Pasadena Angels have backed developer of protein analysis equipment for the drug discovery and research market, investing $475,000 in a Series B for Wasatch Microfluidics , the group said this week. The investment by the Pasadena Angels was led by Dr. Kevin Scanlon. wasatch microfluidics protein analysis venture capital drug development discovery pasadena angels angel investment

Makucell Names Pasadena Angels' Scanlon To Board

socalTECH

Scanlon is Chairman of the Pasadena Angels and also an active member of the Tech Coast Angels. makucell pasadena angels executive lifescience aestheticMakucell , a life sciences company developing anti-aging skin products, said this morning that it has appointed Kevin J. Scanlon, Ph.D., to its board of advisors. Makucell did not say if it received an investment from either group as part of the appointment.

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

socalTECH

In a world with a rash of startup incubators and accelerators, super angels, crowdfunding sites, and more, what''s the relevance of organized angel investments groups? First off, for those not familiar with the Pasadena Angels, talk about the group?

Conversations with Richard Chino, pt. 1

Ask the Angels

What attracted you to becoming an angel investor? That’s when I came across the Pasadena Angels. The Angels were kind enough to share their insights with me, and bring together a good deal flow. Did you consider other investing groups before joining Pasadena Angels?

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. The Pasadena Angels have previously invested $750K in Repurpose. States Anthony Valencia & Terry Kay, Pasadena Angels PA Fund 1 co-chairs.

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. 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.

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. 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

socalTECH

George Collado: We worked with the Pasadena Angels, Tech Coast Angels, and Siemer Ventures, and in January we raised a $300,000 seed round. angel siemer pasadena angels coast tech startup interview enterpreneur raker staff staffranker collado george

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. Pasadena Angels funded companies have gone on to raise over $500 million from additional funding sources such as venture capital and private equity.

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. 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.

Angel 26

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. This is a great example of the Angels partnering with a gifted management team to build a growing company.”. $2 Million Round Will Power Continued Growth.

The Curse of a Modest Exit

Steve Reich

Angel investors, some of whom I had personally witnessed calmly losing six figures on failed ventures, were seriously annoyed. If you didn’t believe that, you couldn’t be a founder or angel investor. Angel Investing pasadena angels

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. pasadena angels exits venture capital angel investment bluebeam

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. But as a community, we have to figure out how Angels can effectively participate in the development of accelerator-based companies. Building ties between accelerators and Angels is a key part of the solution.

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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? And they have done it all with minimal financing–a Pasadena Angels round years ago. That said, we still need to put Pasadena on the map as the real tech hub it has already become.

Ondax Names Belz To Board

socalTECH

The firm, which recently completed a $2.0M, Series E funding round from the Pasadena Angels and Tech Coast Angels, said Belz will represent both of those angel groups on its board.

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!! By Chris Wadden. Each organization utilizes different processes for the funding process.

Digest 5/30 – 6/5: Nant Health’s IPO, Loot Crate’s Series A, Snapchat Passes Twitter, RadPad FB’s App of the Year

LATechDigest

LACI, Los Angeles. Pasadena WeWork, Pasadena. DTLA General Assembly, Los Angeles. CTRL Collective, Los Angeles. HauteLook/Nordstrom HQ, Los Angeles. Busby’s, Los Angeles. Innovate Pasadena. Pasadena Cross Campus, Pasadena.

LMU 8

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. The Pasadena Angels have just finished a $475,000 Series B investment in Wasatch Microfluidics, a company that sells protein analysis equipment for drug discovery research. It has been an absolute pleasure to work with the Pasadena Angels.

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

Ask the Angels

Pasadena, Calif., Series A investment from The Pasadena Angels, Tech Coast Angels, and other angel investors from across the country. Danny and I had been speaking for almost a year before we invested in JobSync,” says Barry Paulk, a Pasadena Angel and leader of the investment round. The Angels look forward to a successful exit in the next few years. About the Pasadena Angels.

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. We’re pleased that angel investors have recognized our achievements to date and our commitment to becoming a leading player in the electric vehicle infrastructure testing market.”. About the Pasadena Angels .

Join the Connect Weekend with Innovate Pasadena

Steve Reich

Innovate Pasadena is, as usual, leading the charge to showcase the Tech Community in the Greater Pasadena area. Check it out on their site at: Innovate Pasadena. Many Pasadena Angels will join the events, and I’ll be judging apps at the Hackathon.

Obama’s SEC Trying to Kill Entrepreneurship

Steve Reich

Worse yet, Angels will no longer be able to “self certify” as accredited investors–we will have to show W2′s or proof of our net worth, and most of us will never be willing to share such personal information. Here is the Angel Capital Association’s take: SEC regs.

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.

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. Over the years I’ve seen many entrepreneurs make the process even more challenging by not putting themselves inside the head of an Angel and not looking at the situation from the investor’s vantage point. Angels run in packs.

Silicon Beach Report Aug. 10: Snap Inc.’s Slow Second-Quarter Growth Disappoints Wall Street

L.A. Business Journal

s slow second-quarter growth disappoints Wall Street, Los Angeles Rams Owner Stan Kroenke buys e-sports team and DUI-test maker Ocular Data Systems funded by Pasadena Angels Snap Inc.’s

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.

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

Ask the Angels

Lizette Chapman of the Wall Street Journal talks to Rick Stollmeyer, CEO of MindBody software, which was funded by the Pasadena Angels, about their recent $50M raise and likely IPO in 2015.

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. Congratulations to Rick Stollmeyer and team at MindBody, as well as all of those Angels who participated.