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Southern California''s biggest organized, angel investment group, the TechCoastAngels , said this morning that the group had its biggest investment year ever in 2014, investing a total of $16.37M across 61 total deals. techcoastangels venture capital investment exits totals' READ MORE>>.
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. READ MORE>>.
A new, angel investment group based in the Phillipines is basing its effort on the model set by Southern California's TechCoastAngels , according to a report today from Phillipine publication Sun.Star Cebu. READ MORE>>.
The TechCoastAngels said this morning that its members said a 16x return from their investment in CaseStack , the logistics and supply chain company led by Dan Sanker, after its acquisition last year for $255M. According to the TechCoastAngels, this is the company's sixth highest ever. READ MORE>>.
The TechCoastAngels is reporting this morning that its members have now invested a total of $100M in Southern California companies, since it started in 1997. Tags: techcoastangels venture capital investment.
Los Angeles-based SodaHead , the developer of online polling services and software, has just launched a major upgrade to the company''s polling software for WordPress. The new software is available through WordPress , and competes directly against such tools as Wp-Poll and Polldaddy. READ MORE>>.
SignNow was venture backed by Khosla Ventures and the TechCoastAngels. SignNow''s software runs on the iPhone, and iPad, and allows users to collect electronic signatures for agreements. barracuda networks signnow merger acquisition electronic signature techcoastangels' READ MORE>>.
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. LeisureLink said that InnQuest's system is used in more than 4,500 properties in more than 90 countries. READ MORE>>.
The TechCoastAngels , the largest organized angel investment group both in Southern California as well as across the venture ecosystem, says it backed a total of 53 companies in all of 2018, putting in a total of $10.8M across those companies. million in Tourmaline Labs. million in Tourmaline Labs.
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 TechCoastAngels and the Pasadena Angels revealed today that their return on Bluebeam was 20x for angels who participated in funding Bluebeam.
San Luis Obispo-based Mindbody Software has confirmed that it has raised $14M in a new funding round for the firm's health and wellness business management software. Mindbody develops scheduling and business management, software-as-a-service for the wellness, health, spa, and related businesses. READ MORE>>.
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's software-as-a-service handles business management, merchant account processing, mobile, and other aspects for its clients. in a new funding round.
Irvine-based Integrien , a developer of enterprise IT monitoring software, has been acquired by VMware , according to VMware this morning. The acquisition was a big win for Southern California's investors, particularly from Clearstone Venture Partners and the TechCoastAngels. Clearstone owned about half of the firm.
Irvine-based Integrien , the IT management firm backed by Clearstone, Acartha Group, Mariner Capital Ventures, and the TechCoastAngels, said today that it has rolled out a new automated capacity management software product called AliveRCM. Tags: integrien capacity management software. READ MORE>>.
Los Angeles-based Atlas Powered , a developer of software for managing calendar, task, and contact data on iOS and Android, has raised $700,000 in a funding round, the firm said today.
Friendgiftr is backed by angel investors, including individuals from the TechCoastAngels, and is using gift card provider iCard Systems for its fulfillment. Tags: friendgiftr facebook gift application software ecommerce. The firm was founded by Rob Carpenter and David Murphy. READ MORE>>.
San Luis Obispo-based MINDBODY , a developer of software-as-a-service for the yoga, pilates, wellness, and spa market, said today that wellness businesses are signing up for its MINDBODY Finder product, technology which allows consumers to book and pay for fitness classes and wellness appointments online. READ MORE>>.
in funding came from the Harvard Business School Angels and TechCoastAngels. cloud research techtransfer university hbsa angel capital venture software analytics predictive metrics ninja' The startup, which came out of technology developed from a group of university researchers, said the $2.8M READ MORE>>.
San Diego-based Portfolium , a startup developing tools to allow students to showcase their achievements, projects, and other portfolio of academic work to potential employers, has been acquired by educational software provider Instructure , the two announced late Tuesday. Financial details of the acquisition were not announced.
Aliso Viejo-based High Tower Software, a venture-backed developer of security, compliance, and log management software, has shut down. Shea, Kinship Partners, Liberty Partners, Merrill Lynch Ventures, and the TechCoastAngels. The firm had raised at least $24M in funding, and was founded in 1999.
AnyMeeting, which is headed by Coston Tuculescu, also said it will offer up two months of its premium ad-free conference service to TechCoastAngels members. The firm's investors include those same TechCoastAngels, the Pasadena Angels, and Maverick Angels. READ MORE>>.
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. READ MORE>>.
Huntington Beach-based AnyMeeting , which develops free web conferencing and online meeting software, reported this morning that it has released a new feature which lets users share any YouTube video into their meeting, and has also hit a milestone of 200,000 registered users. READ MORE>>.
The industry with the largest amount of investment was in Software, with $229.6M in funding for its location-based intelligence software. in investments; followed by nearly $105M in Biotechnology investments; Medical devices were third with $100.7M in investment. Other big rounds included $54.0M for Lake Forest-based ReVision Optics.
Los Angeles-based Mobile-XL , the international mobile information services firm backed by the TechCoastAngels, said this week that it has linked a deal with Oberthur Technologies to include its XLBrowser Content Platform on Oberthur's line of SIM cards. Financial details of the deal were not disclosed. READ MORE>>.
Fullerton-based Digsy has rolled out a new, sales software platform specifically aimed at helping commercial real estate brokers better manage their sales teams. The startup said the new software helps commercial real estate pros convert more prospects into deals. The startup is led by CEO Andrew Bermudez. READ MORE>>.
Los Angeles-based Payvia , which is developing mobile payment technology, and Mobile-XL , which develops software for providing access to digital services to people in Africa and India, are in a partnership, the companies said this morning. Financial arrangements between the companies were not announced. and Trinity Ventures.
Prior to Idealab, Alex led sales and marketing efforts for venture-backed startups focused on enterprise software and services. Scott Sangster, President of TechCoastAngels (Los Angeles)/CEO at OrganicStartup. TechCoastAngels is actively seeking great startups to fund.
MINDBODY provides online, software-as-a-service which lets health, wellness, and beauty businesses manage their businesses, including everything from e-commerce, payment processing, marketing, to staffing and scheduling.
Los Angeles-based EV Connect , a new startup which helps install, manage, and integrate electric vehicle charging stations for the commercial and government market, announced an initial round of funding this morning. The company said the new funding will go towards sales, marketing, and software development. READ MORE>>.
YouMail said its new Youmail en Espanol software provides automatic interaction in Spanish, if the Android OS is set to use Spanish, and can automatically greet callers in Spanish, if a user wants. The service also says it now supports transcription of Spanish-speaking voice messages.
Prior to Idealab, Alex led sales and marketing efforts for venture-backed startups focused on enterprise software and services. Scott Sangster, President of TechCoastAngels (Los Angeles)/CEO at OrganicStartup. TechCoastAngels is actively seeking great startups to fund.
Los Angeles-based Language Weaver announced Monday that the firm has released a new version of its automated translation software. Language Weaver is venture backed by Athenaeum Fund, In-Q-Tel, Palisades Ventures, Sulphur Creek Ventures, and TechCoastAngels, and serves both government and commercial customers.
We dropped in recently, and found a screening session for the TechCoastAngels; a number of former StartEngine, MuckerLab, and LaunchpadLA startups in residence; not more than a few startup founders wandering the halls; and a long list of upcoming technology networking events on the calendar.
By far, the largest investment category for the quarter was software--helped by Snapchat--with $177.872M in investments for Q2, according to the report. That was a slight overlap to the most investments in Southern California, which were made by Siemer Ventures (9 deals), TechCoastAngels (6 deals), and Greycroft Partners (4 deals).
Los Angeles-based LendAmend , a developer of online software for managing the amendment of leveraged loans, has raised $750,000 in a Series A funding round. The round came from the TechCoastAngels.
The assets of defunct Aliso Viejo-based High Tower Software , a developer of security, compliance, and log management software, have been acquired by netForensics, a provider of information security management software. High Tower Software had shut its doors in November, and was looking for a buyer for its assets.
Irvine-based Integrien , a developer of IT analytics annd management software, announced today that former FileNet CEO Lee Roberts is joining the firm's board of directors. Integrien is a developer of IT performance management software, and is backed by Acartha Group, Clearstone Venture Partners, and the TechCoastAngels.
Mission Viejo-based OptionEase , the developer of stock option tracking and accounting software-as-a-service, reported Wednesday that it has inked a strategic alliance with a provider of equity compensation plans administation, AST Equity Plan Solutions. Financial impact of the deal were not disclosed. READ MORE>>.
Huntington Beach-based Anymeeting , the free web conferencing and webinar service headed by Costin Tuculescu, and backed by the TechCoastAngels, Pasadena Angels and Maverick Angels, reports today that it has added a new, ad-free version of the software aimed at small business users.
San Luis Obispo-based MindBody Software , a developer of software for managing yoga, wellness, and spa businesses, has raised nearly $11M in a new funding round, according to a regulatory filing by the firm this morning. Tags: capital venture saas classes appointment fitness health salon yoga software mindbody. READ MORE>>.
Mission Viejo-based OptionEase , the developer of software-as-a-service for tracking stock options and equity, as well as valuation and compliance, has been acquired by Solium Capital Financial terms of the buy were not disclosed. Solium Capital is a developer of cloud software for equity administration, financial reporting and compliance.
El Segundo-based Aggregage , which develops software driven B2B websites and newsletters which aggregate blog and news postings for specific industries, has raised $1M in a convertible note, the company said today. Aggregage''s B2B websites are published in conjunction with trade and professional associations. READ MORE>>.
YouMail is backed by the TechCoastAngels and VantagePoint Venture Partners. Tags: youmail mobile voicemail phone blackberry software. YouMail initially launched its BlackBerry app in February of last year. The application is free. YouMail also offers a similar client for the iPhone. READ MORE>>.
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