Pasadena Angels Invest Over $4M in 2014
Ask the Angels
MAY 8, 2015
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.
ADP Setting Up Technology Center In Pasadena With 350 Employees
SEPTEMBER 9, 2015
Human resources outsourcing provider ADP is launching a new location in Pasadena, looking to tap into the wealth of technical talent with a new Innovation Center on Lake Avenue. The company says it specifically is looking to capitalize on the existing tech business community in Pasadena and the surrounding Los Angeles area, along with local schools like Caltech, The Art Center College of Design and Pasadena City College.
NASA Launches Space App Hackathon In Pasadena
MARCH 31, 2015
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
Catching Up With Mike Giardello, President of Innovate Pasadena
NOVEMBER 3, 2016
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?
Catalyzing Innovation In Pasadena, with Innovate Pasadena
JULY 16, 2013
In the same way that the technology community is not the same when you''re talking San Francisco versus Palo Alto versus San Jose, Southern California''s technology communities have their own neighborhoods. What is Innovate Pasadena?
Making The Pasadena Angels Relevant To Today's Startups, With Terry Kay
MARCH 21, 2014
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?
Sixty-four Southern California Firms On Technology Fast 500
NOVEMBER 16, 2012
Earlier this week, Deloitte released its latest list of the top 500 growing technology companies, in its 2012 Technology Fast 500. 547% Pasadena Tom Lamb 186 Kyriba Corporation 482% La Jolla Jean-Luc Robert 189 MINDBODY 471% San Luis Obispo Rick Stollmeyer 195 ReachLocal, Inc.
Cross Campus Plans Expansion Into Pasadena
JUNE 18, 2014
Los Angeles-based coworking space operator Cross Campus said Tuesday that it is planning an expansion, and will be opening up a new location in Pasadena. According to Cross Campus, it has selected a space in Old Pasadena, which will be around 16,000 square feet and encompass three floors.
Pasadena Angels Back Scientific Equipment Startup
APRIL 25, 2012
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. Wasatch Biofluidics is developing printing technology to deposit biomolecules on biosensor surfaces. The investment by the Pasadena Angels was led by Dr. Kevin Scanlon.
NASA JPL, Chevron Tie On Technology Development
JULY 26, 2011
The NASA Jet Propulsion Laboratory , based in Pasadena, and Chevron Corporation said this week that the two are in a new partnership, to develop a range of advanced technologies for harsh environments, including both on Earth and in space. nasa chevron technology development advanced
Pasadena Angels Fund 1 Invests in Repurpose
Ask the Angels
FEBRUARY 24, 2017
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.
Why Technology is Driving More Urban Renewal
Both Sides of the Table
JULY 10, 2012
Back in 2006/07 when I sold my company and then worked at Salesforce.com there were very few options in SF for technology folk to build their careers at big, growing companies. Technology innovation doesn’t occur in a vacuum. And sci-fi writers are but one example of the way society impacts technology. And it is one of the reasons that NYC is developing a vibrant technology community.
PA Board Member Judges ‘Hack for Pasadena’ Event
Ask the Angels
MARCH 28, 2014
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.
Idealab Ramps Job Hiring
OCTOBER 3, 2011
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
X1 Technologies Names Exec
JANUARY 27, 2011
Pasadena-based X1 Technologies , the Idealab startup developing desktop search software, announced this morning that it has named John Patzakis as President of eDiscovery. technologies executive idealab desktop search software ediscovery
Local Techies Unite to Market Pasadena
Ask the Angels
MARCH 11, 2014
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.
Four Local Firms Make Technology Review List
FEBRUARY 24, 2011
The MIT Technology Review has published its 50 most innovative companies for this year, including at least four Southern California technology firms. Those firms joined such companies as Groupon, Zynga, Facebook, and others in the highlight of innovative technology firms. technology review spacex esolar life technologies synthetic genomics innovation
Attend Innovate Pasadena?s Connect Week 16
SoCal Tech Calendar
OCTOBER 11, 2016
Sunday, October 16, 2016 -- Attend Innovate Pasadenas Connect Week 16. Innovate Pasadena, a community organization dedicated to advancing greater Pasadena as a hub of technology and design innovation, presents its third annual Connect Week, a series of independently organized seminars, workshops and social events taking place across the city.
University Students Get $200K For Clean Technology Startups
MAY 11, 2012
The effort is part of a larger national effort by the Department of Energy (DOE) to spur businesses in clean technologies from university labs. The Western Regional winners at Caltech were determined by a panel of judges from Mohr Davidow, Khosla Ventures, Kleiner Perkins, Sierra Ventures, CalCEF Clean Energy Angel Fund, the Angeleno Group and the Pasadena and Tech Coast Angels.
Idealab Backs Clean Power Technology Firm
JULY 21, 2011
Pasadena-based Idealab announced today that it has invested in a developer of clean energy generation technology. The firm has invested in Cool Energy , a Boulder, Colorado based developer of Stirling engine technology, used to convert heat energy into power. Cool Energy's technology takes waste heat from industrial processes and other sources, and efficiently converts it into electrical power.
Innovate Pasadena Hires First Full Time Staff Member
AUGUST 17, 2015
Innovate Pasadena , the non-profit which is helping to promote the technology industry in Pasadena, said Monday that it has hired on its first, full-time hire. Innovate Pasadena said that Guerrero has more than 20 years of experience in sales, marketing, and event production, and is a Pasadena native. innovate pasadena nonprofit startup promotion executive marketing
OpenX Expands To Culver City
JUNE 21, 2016
Los Angeles-based advertising technology and ad network operator OpenX is expanding in the Los Angeles area, saying this morning that it has opened up a new, Culver City office. OpenX--which is based in Pasadena--can be a tough commute for those on the west side of Los Angeles, which often is an hour long or more drive in traffic. openx jobs employment advertising technology culver city expansion westwide
Pasadena Angels Announces Strongest Funding Numbers in 2015
Ask the Angels
FEBRUARY 15, 2016
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.
X1 Technologies Goes Mobile
OCTOBER 7, 2010
Pasadena-based X1 Technologies , the developer of email and desktop search software, said Thursday that it has rolled out a new, mobile version of its product. Tags: technologies desktop search software mobile iphone apple ipad ipod idealab
X1 Technologies Rolls iPad App
JUNE 9, 2011
Pasadena-based X1 Technologies , the provider of email, desktop, and electronic discovery software, said Thursday that it has launched a mobile app which works with the iPad and iPad 2. technologies search email discovery software ipad mobile iphone ipod
Pasadena Angels Portfolio Company Wasatch Microfluidics Completes Capital Raise
Ask the Angels
JULY 2, 2014
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. In partnership with IBIS Technologies, Wasatch has made the MX96 SPR imager available in the United States, Australia and Asia. $2 Million Round Will Power Continued Growth.
Jacobs Buys Cybersecurity Firm The Van Dyke Technology Group
APRIL 13, 2016
Pasadena-based engineering firm Jacobs Engineering Group said Tuesday that it has acquired The Van Dyke Technology Group , a 180-person cybersecurity firm. The Van Dyke Technology Group is based in Maryland, and provides its cybersecurity services for the U.S. Financial details of the acquisition were not announced. Intelligence Community and for classified government networks.
California Technology Ventures Gets Exit An AngioScore
MAY 28, 2014
Pasadena-based venture capital firm California Technology Ventures has scored an exit at one of its portfolio firms, selling cardiac catheter maker AngioScore , to medical device firm Spectranetics. Spectranetics said it would pay $230M plus earnout for AngioScore, which was backed by California Technology Ventures, Innomed Ventures, Linkagene LP, Pelion Ventures, Psilos Group Management, QuestMark Partners, Saints Capital and Telegraph Hill Partners.
LA Times: Developers see Pasadena as an inland version of Silicon Beach
Ask the Angels
DECEMBER 12, 2013
Great article from the Los Angeles Times by Roger Vincent: Entrepreneur David Sacks and Rising Realty have bought three century-old buildings in Old Pasadena and plan to transform them into a hub for tech start-ups. Blog Fundraising General Product/Technology link]. Tweet Tweet.
Vertical Management Systems Acquired By NewSpring Holdings
JANUARY 4, 2017
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 newspring holdings financial technology software reconciliation account saas cloud
Ondax Names Belz To Board
JANUARY 4, 2011
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. Ondax is a spinoff of the California institute of Technology, and is headed by Randy Heyler.
Ten Of The Top Tech Companies For Employees In LA
NOVEMBER 9, 2012
The firm, based in Pasadena, has dozens of. NastyGal is just one of a number of fashion-meets-technology startups to emerge in Los Angeles, which. has long been home to both technology and fashion--but, based on its trajectory, looks to be one of the fastest growing.
X1 Loses Competitor: Google
SEPTEMBER 2, 2011
Pasadena-based X1 Technologies , the developer of desktop search software, has one less competitor: Google , as Google said Friday that it is shutting down its Google Desktop search software project. google technologies desktop search idealab
White House Targets Tech Training, Jobs In LA With TechHire
MARCH 10, 2015
The White House has named Los Angeles as one of 21 communities around the nation which are part of a new technology job and training effort called TechHire , the administration announced Monday. According to President Obama, the new initiative will help to provide a "pathway to the middle class" for workers, by helping to train them to meet the needs for well paying technology jobs.
Pasadena Angels Invest in a $475,000 Series B Investment in Wasatch Microfluidics
Ask the Angels
APRIL 23, 2012
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. says Dr. Kevin Scanlon, the Chairman of the Pasadena Angel and leader of this investment round. “It
Pasadena Angels Participate in a $1.6 million Series A Investment in JobSync
Ask the Angels
MARCH 15, 2012
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. About the Pasadena Angels. The Pasadena Angels charges no fees for its services.
Pt. 1 Conversations with Ananth Natarajan
Ask the Angels
FEBRUARY 26, 2015
Ananth Natarajan is a physician and engineer specializing in the utilization of advanced technology to solve pressing clinical problems. As a member of the Pasadena Angels, he brings extensive experience in the healthcare field to bear on emergent business opportunities.
Local Universities Get $360K From DOE For Cleantech Entrepreneurship
OCTOBER 3, 2011
Three local universities, plus a Pasadena-based startup, have received a $360,000 grant to promote student entrepreneurship in clean technology. ongreen ucla caltech education university school clean technology
Ondax Raises $2M More
DECEMBER 16, 2010
Monrovia-based Ondax , a developer of optical filters and laser sources based on research out of the California Institute of Technology, has raised $2M in a Series E investment. The Pasadena Angels said the funding will go towards expanding and growing Ondax's optic solutions.
Gridtest Systems Secures Investment from Pasadena Angels and Tech Coast Angels
Ask the Angels
MARCH 28, 2012
Pioneer of test and measurement systems for electric vehicle charging systems prepares to roll out technology that enables R&D labs and installers of charging systems to reduce time to market. 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. Gridtest Systems’ technology addresses an urgent need along the EV value chain.