Press Release Categories

Latest News

Tech Coast Angels Reports Positive Exits, Eight Deals in Q1 2015

05/10/2015 - 8:57am
  Irvine, Calif. – May 1, 2015—Tech Coast Angels (TCA), one of the largest and most active angel networks in the United States, today announced its members realized two successful exits and invested in eight new and follow-on deals in the first quarter of 2015.  TCA’s collective membership includes nearly 300 experienced, C-suite professionals from nearly every industry sector.  The influential angel network spans five networks throughout Southern California (Orange County, Los Angeles, San Diego, Santa Barbara/...

Tech Coast Angels Invested Best Ever $16.37 Million in 2014

01/31/2015 - 5:05pm
Tech Coast Angels Invested Best Ever $16.37 Million in 2014 Southern California Angel Network Surpasses Previous Records for Both Investments and Activity IRVINE, Calif. – January 29, 2015 – Tech Coast Angels (TCA) invested a total of $16,373,337 in 61 total deals in Calendar Year 2014. The angel network announced that 2014 was the most active year since the network’s inception in 1997 for number of deals funded, and capital raised was also the largest ever. TCA’s five networks throughout Southern California invested in a variety of industries last year, including consumer goods,...

Lower Oil Prices Make Necessity A Mother, Again -

01/28/2015 - 11:46am
  Necessity is the mother of invention. In the case of the oil industry, necessity has appeared in the form of plunging oil prices. Lower prices mean lower profits or in some cases, no profits. Like most of us, the oil & gas industry is not altruistic. The costs of exploration & development are tremendous and those costs can become prohibitive the lower the price of a barrel of oil falls..... more ...

Beer Tap Company Taps $1M Funding led by TCA

01/17/2015 - 2:41pm
  ç PAUL HUGHESTuesday, January 13, 2015

Bluebeam Nets TCA 20X Return

01/09/2015 - 3:29pm
  In 2002, TCA led an investment round for Bluebeam Software, a leading PDF collaboration technology for the architecture, engineering and construction (AEC) industry.  The company had found a CAD to PDF market niche and was able to continually grow the company to $30M. Richard Lee, CEO of Bluebeam Software, said, “In addition to financial support, we have had the opportunity to have Tech Coat Angels and Pasadena Angels members join our board, and provide their advice and counsel based on priorities at the time.” In addition to business-savvy guidance, Lee also stated...

TCA portfolio company InfoBionic gets $17M Series B

11/21/2014 - 5:22pm
 Lowell, MA (PRWEB) November 19, 2014 InfoBionic, Inc., an emerging digital health company focused on creating superior patient monitoring solutions for chronic disease management, today announced that it closed its $17 million Series B financing round, adding new investors Excel Venture Management and Zaffre Investments. In addition, InfoBionic named Steven R. Wasserman as Chief Financial Officer and William G. Swavely as Senior Vice President, IT.