Tech Coast Angels Leads National Angel Investments


Southern California's largest angel investment group, the Tech Coast Angels , looks to be one of the lead investors nationally in angel-backed companies, according to a report released Monday by the Angel Resource institute. The group, along with Silicon valley Bank and CB Insights, released the 1Q 2012 Halo Report , which summarized Q1 angel investments. halo report tech coast angels angel investment venture capital

Vokle Gets Funding


Santa Monica-based Vokle has scored an investment round from the Tech Coast Angels, the angel group formally announced Monday. The investment had been uncovered by socalTECH in January, but had not officially been announced as a TCA deal. The investment came from the Tech Coast Angels' Angel Capital Entrepreneurial (ACE) Fund 1.

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Freebinar Looks To Fill Webcasting Hole Left By DimDim


Freebinar told socalTECH today that it is looking to help users of Dimdim, which was just acquired by and stopped allowing new user signups this week. Bolstering Freebinar's efforts is new funding from the Pasadena Angels and the Tech Coast Angels. Huntington Beach-based Freebinar , a provider of free, web conferencing services, is looking to fill the new hole left by free web conferencing service Dimdim , with its own ad-supported service.

Mindbody Confirms $14M For Health and Wellness Software


The firm is headed by Rick Stollmeyer, and has also received backing from the Pasadena Angels, Tech Coast Angels, and Frontera Capital. The funding had originally been uncovered by socalTECH this morning, via a regulatory filing.

Zag Raises $32.4M


A spokesperson for Zag told socalTECH that a round had closed, but would not confirm the investors or details of the round. Zag is venture backed by Anthem Ventures, Arcturus Capital, Capital One, Capricorn Management, GRP Partners, and the Tech Coast Angels, along with USAA.

Layoffs Hot Keyword for Second Half of January 2009


Last month we Launched Los Angeles Tech and in the announcement we provide the Hot List for the first half of January 2009. This hot list is based on various social signals of what people are writing about, reading, bookmarking, searching, etc. You can go to the Hot List post to see what was hot then. But, in running it now for the second half of January, the keyword that popped to the top was: Layoffs And this is definitely a sign of the times.

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Q3 Southern California Venture Deals Around $879M


A quick analysis by socalTECH of our tracking of venture capital deals in Southern California finds that there was around $879M in venture funding activity here in Q3. The information--gleaned from funding announcements, regulatory filings, and other sources--are not far off from socalTECH's totals from last quarter, which totaled up around $932M in investment activity.

Venture Totals Drop In Southern California For Quarter


A study of the venture capital deal flow in Southern California conducted by socalTECH shows that venture capital deals dropped for Q3, to around $720M in deals, in a market dominated by clean technology firms. The numbers, which were drawn from venture deals tracked and reported in socalTECH's proprietary venture capital database, found that there was $719.7M

Cyber Rain: Water Conservation Driving Firm


Schulz discussed the firm's recent $792K fund raise with socalTECH recently, saying that the round came from its existing investors, including Momentum Ventures, Funk Ventures, and the Tech Coast Angels, as well as a few other new investors.

Q3 Venture Investments For SoCal Total Around $1.0 Billion


According to an analysis of socalTECH's proprietary database of venture capital deals, venture investors invested slightly more than the $966M in Q3 of 2009, but less than the $1.6 Q3 has traditionally been a slower, venture funding quarter in Southern California, due to summer vacations and a slower work schedule for both high tech companies and venture firms during the summer months. Southern California venture totals for Q3 totaled around $1.0

Southern California Deals Total Around $932M For Q2


A recent analysis by socalTECH, of our detailed tracking of venture capital investment activity in Southern California, finds that there was around $932M in funding raised in the area in Q2, a rise from roughly $700M in Q1. The most active investors in the region, in terms of activity, were the Tech Coast Angels , with five investments or follow up investments in the quarter, followed by Kleiner Perkins Caufield and Byers with three investments.

YouMail Gets New Competition: Google


The venture backed startup--which has scored funding from the Tech Coast Angels and VantagePoint Venture Partners--appears to have significant overlap to Google's new Google Voice services. However, Alex Quilici, the firm's CEO, told socalTECH that he actually sees something good from the competition.

Venture Conference Highlights SoCal Startups


Southern California's top startups showed up in force Friday at the Westin South Coast Plaza in Costa Mesa, for the Technology Council of Southern California's annual VentureNet conference. socalTECH was a media sponsor of the conference).

MySpace Startups: Startups From MySpace Vets


Los Angeles-based MySpace has been among the most visible of Southern California's Internet era success stories, although the site--now owned by News Corporation--has had its own share of ups-and-downs, as well as questions about its future.