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.

NASA Launches Space App Hackathon In Pasadena

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NASA is behind an event coming up in Pasadena on April 11, the International Space Apps Challenge , saying it is looking for participants in a "mass-collaboration" hackathon to develop apps both related to life on earth an in space. The challenge--which is run in 130 cities around the world--is being organized locally by Joe Brisbois, and is being held at the new Cross Campus Pasadena location. nasa space hackathon crosscampus pasadena software exploration

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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.

Catching Up With Mike Giardello, President of Innovate Pasadena

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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. We caught up with Mike Giardello , President of Innovate Pasadena, to chat about what's going on in Pasadena today. Why did you focus on getting co-working spaces to Pasadena first?

Guidance Software Acquires CaseCentral

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Pasadena-based Guidance Software , which develops digital forensics and e-discovery software, said Tuesday afternoon that it has signed a definitive agreement to acquire CaseCentral , a developer of electronic discovery software. Guidance Software said it will pay $17.1M in Guidance Software common stock. Guidance Software said it expects to add approximately $10M in software-as-a-service revenues from the acquisition in 2012.

LeisureLink Ties With Software Firm

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Pasadena-based LeisureLink , which develops travel distribution and management software for specialty lodging providers, said Tuesday that it has linked its product with software provider InnQuest Software. specialty lodging software distribution travel leisurelink

Guidance Software Lands Retailer

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Pasadena-based Guidance Software , the developer of electronic discovery and investigation software, announced today that it has signed an un-named, multi-billion dollar retailer as a customer. According to Guidance Software, the firm will help the retailer build an "e-discovery center of excellence". guidance software ediscovery electronic discovery legal

MindBody Software Raises $9.0M More

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San Luis Obispo-based MindBody Software , the developer of software for managing yoga, pilates, wellness community, and spa and retreats businesses, has raised nearly $9.0M mindbody software venture capital angel investment saas wellness yoga

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Bluebeam Software Acquired For $100M

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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. Bluebeam Software was led by Richard Lee. architecture document international nemetschek acquisition merger software bluebeam

Guidance Software Expands Cloud Support

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Pasadena-based Guidance Software , which develops digital forensics software and tools, said today that it has expanded its cloud-based data collection support. The company said its updated software now has additional ability to collect stored information from cloud-based data services, and a new way to search evidence collected from previous cases by the software. guidance software legal discovery cloud search

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.

X1 Discovery Ships Social Media Discovery Software

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Pasadena-based X1 Discovery , the Idealab-backed electronic discovery firm split out from X1, said today that it has shipped its first product, X1 Social Discovery. The company said its software is designed to collect "tens of thousands" of social media items per hour, and uses the X1 engine to allow users to search and find information. Patzakis and fellow execs include quite a number of former Guidance Software employees.

Guidance Software Funds Data Security Program At Caltech

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Pasadena-based Guidance Software , which makes computer forensics and digital investigation software, said today that it has funded a data security research program at the Caltech Institute of Technology (Caltech). Guidance Software did not say how much it is investing in the program, aimed at advancing cybersecurity incident response. guidance software caltech data security cybersecurity grant funding research incident response breach

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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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 Pasadena Angels have previously invested $750K in Repurpose. Repurpose is also a Los Angeles Cleantech Incubator (LACI) company, one of four LACI companies that the Pasadena Angels have invested in; and the second company to be included in the Fund. The Pasadena Angels’ 100 plus members invest individually and directly.

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.

Koupon Kitty Launches Coupon Code Software

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A new, online coupon software "bookmarklet" called Koupon Kitty --backed by Juvo Capital, the investment firm of Talmadge O'Neill and Harry Tsao--said it launched Wednesday, to help consumers find the best coupon codes for various e-commerce sites. The software bookmarklet works within a web browser, and lets users click on a button to get all of the available coupons for a specific website before they start shopping.

Staff Ranker: Helping Hospitality Businesses Better Manage Workers

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George Collado: It''s employee management software. George Collado: We worked with the Pasadena Angels, Tech Coast Angels, and Siemer Ventures, and in January we raised a $300,000 seed round. If you run a distributed, restaurant or hospitality business, how do you manage your business?

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. idealab employment angeles pasadena technology talent jobs unemployed

Somi Data Launches Online Restaurant Ordering Software

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Pasadena-based Somi Data , a new startup developing online ordering software for restaurants, said this morning that it has had its first deployment with Loteria Grill. Financial impact of the win were not disclosed. Somi Data says its online ordering system includes features to help its customers easily manage menu items, integrate with existing POS systems, and more. Somi Data was founded and is led by Justin Agredano. READ MORE>>. somi data restaurant ordering online

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. The investments span a wide variety of industries including telecommunications, consumer products, healthcare, logistics, co-working office space, biosciences, data analytics, and software technology.

Guidance Software Names Two Execs

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Pasadena-based Guidance Software , the developer of computer forensics and e-discovery software, said this morning that it has named Daniel Lim as Vice President and Deputy General Counsel, and Alex Adrianopoulos as Vice President of Marketing. Lim has been at Guidance Software since 2007, serving as Assistant General Counsel, and also previously served at Jones Day, McGlinckey Stafford, and Beck, Redden & Secrest, among other positions.

Guidance Software Snags EMC Vet For New CEO

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Pasadena-based Guidance Software has named Patrick Dennis as the company''s new President and CEO, according to the company. Dennis joins Guidance Software from EMC, where he was Senior Vice President & Chief Operating Officer for EMC''s Cloud Management Division, and also had been Chief Operating Officer for EMC''s Enterprise and Mid-Range Systems Business groups. guidance software encase electronic diiscovery executive

MindBody Software IPO reaches $500mm

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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. MindBody is now the largest private employer in San Luis Obispo County, having created 800 professional jobs. Congratulations to Rick Stollmeyer and team at MindBody, as well as all of those Angels who participated. link] /. Tweet Tweet.

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.

Guidance Software Rolls Out Updated Software

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Pasadena-based computer forensics software maker Guidance Software said this morning that it has launched an updated version of its EnCase Endpoint Investigator software. The company said the new software features "off-network" data collection, aimed at helping collect data on mobile devices and endpoints. guidance software forensics computer investigation

Guidance Software, Lastline In Partnership

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Pasadena-based Guideance Software , which develops computer forensics software, and malware detection provider Lastline announced this morning that the two are in a partnership and integration deal. guideance software lastline computer forensics malware detection cybersecurity security

MINDBODY Prices IPO, Starts Trading Today

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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. mindbody merger acquisition software reservationSan Luis Obispo-based MINDBODY priced its IPO last night at $14.00 per share, at the midpoint of its initial estimated trading range of $13.00 to $15.00 per share.

Guidance Software Promotes VP

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Pasadena-based Guidance Software , the developer off e-discovery and forensic software, said this morning that it has named Chad McManamy as its new Vice President of E-Discovery and Assistant General Counsel. McManamy has been Senior Counsel and Assistant General Counsel at Guidance Software since 2009. guidance software forensics ediscovery executive president

Vertical Management Systems Acquired By NewSpring Holdings

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Pasadena-based Vertical Management Systems , a developer of financial technology and software for managing fiduciary risk, fee transparency, and revenue reconciliation, has been acquired by NewSpring Holdings. Vertical Management Systems (VMS) provides its software to large financial institutions. vertical management systems newspring holdings financial technology software reconciliation account saas cloud

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AnyMeeting Integrates With Zimbra

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Huntington Beach-based AnyMeeting , the provider of free web conferencing and online meeting software, said this week that it has integrated its products with VMware's Zimbra Collaboration Software. Zimbra is an email and collaboration software product which acquired by VMware in 2010. AnyMeeting is venture backed by the Pasadena Angels and Tech Coast Angels. anymeeting zimbra collaboration software meeting vmware

Guidance Software Replaces CEO

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Pasadena-based Guidance Software , which develops computers forensics analysis software, said late Thursday that CEO Victor Limongelli, its president and CEO, has departed the company, and also resigned as a member of the company''s board. Guidance Software said that Barry Plaga, the company''s CFO, has been appointed interim CEO of the company. Guidance Software said it has kicked off a formal search process for a new CEO.

LeisureLink Acquired By VacationRoost

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Pasadena-based LeisureLink , the developer of travel booking software for the vacation rental market, has been acquired by VacationRoost , which operates an online vacation rental marketplace. software engine booking marketplace rental vacation vacationroost acquisition merger leisurelink