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TECH COAST ANGELS FUNDS 31 DEALS IN 2010 AND HIGHLIGHTS THREE PROFITABLE EXITS

02/22/2011 - 10:07am
IRVINE, Calif., February 22, 2011 – Tech Coast Angels (TCA), the nation’s largest angel investment network, today announced it funded 31 investments, including 12 new deals and 19 follow-on investments in a broad range of start-up businesses, demonstrating its angel investment leadership. TCA raised over $40 million of total investment for its entrepreneurial companies, including over $6 million through direct TCA investment and approximately $33.9 million through other sources of venture and angel capital. The total number of investments is up significantly from 2009 when 24 deals were...

TECH COAST ANGELS OPENS ITS NEW ANGEL FUND; UNIQUE STRUCTURE ALLOWS FASTER FUNDING FOR ENTREPRENEURS

02/14/2011 - 8:39am
IRVINE, Calif., February 14, 2011– Tech Coast Angels (TCA),the nation’s largest angel investment network, today announced the completion of the first closing of its Angel Capital Entrepreneurial(ACE) Fund 1. The Fund has begun investing in early-stage, game-changing companies, and entrepreneurs are encouraged to submit plans to TCA for funding consideration. One of the purposes of the Fund, according to Dave Berkus, Chairman Emeritus of TCA, is that it...

TCA portfolio company Cognition Therapeutics Completes $2.5M in Series A1 Financing to Advance Alzheimer's Disease Drug Treatment Program

01/21/2011 - 7:14am
PITTSBURGH, Jan. 20, 2011 /PRNewswire/ -- Cognition Therapeutics Inc., a drug discovery company developing novel, small molecule disease-modifying treatments for Alzheimer's, has closed on a $2.5 million Series A1 financing it will use to bring one or more of its compounds to Investigational New Drug (IND) candidate status. The round was led by Golden Seeds, one of the nation's largest angel investing groups, and was syndicated with Tech Coast Angels. New investors in the A1 financing include The Breedlove Limited Family Partnership and TMC Investment Company, an investment division of the...

The most active Southern California investors was the Tech Coast Angels in Q3 - PWC money tree

12/05/2010 - 10:51pm
Southern California Venture Capital Totals $464M In Q3 Venture capital investments in Southern California in Q3 totaled to $464.18M, according to the latest numbers released by the PricewaterhouseCoopers/NVCA Money Tree Report this evening, based on data from Thomson Reuters. Nationwide, there was $4.8 billion invested in 780 venture capital deals for Q3. The investment totals nationwide were down 31 percent in dollars, and 19 percent in terms of the number of deals from Q2, as...

Vokle Powers Al Gore Town Meeting

11/18/2010 - 12:02pm
Los Angeles-based Vokle, a provider of an online platform to host interactive broadcasting and discussions, is powering an online town hall meeting hosted by former Vice President Al Gore for Time Warner Cable, according to the firm's investors, the Tech Coast Angels. Financial details of the win were not disclosed. The TCA said Vokle's technology platform is being used as part of Time Warner's "Math, Science and the Future of Our Nation" global town hall meeting, which includes Gore, astronaut Sally Ride, inventor Dean Kamen, and Jamie Hyneman and Adam Savage of Discovery Channel's "...

SPIRIT OF ENTREPRENEUR AWARDS HONOR TCA’S MIKE NAPOLI

11/12/2010 - 5:07pm
Contact: Surya Jayaweera FOR IMMEDIATE RELEASE909-596-2065; InlandEmpire@techcoastangels.com SPIRIT OF ENTREPRENEUR AWARDS HONOR TCA’S MIKE NAPOLILocal Angel honored for Contributions to Inland Empire’s Entrepreneurial Economy Claremont, CA – November 11, 2010: Tech Coast Angels, the largest angel investing group in the US, is proud to announce that Mike Napoli, the founder of TCA’s Inland Empire Network, was honored last night in the “Supporter of Entrepreneurship” award category at the Spirit of the Entrepreneur awards ceremony hosted by...

Three Profitable Exits for Invested Companies in a Single Month Highlight Dynamic Second Quarter for Tech Coast Angels

08/16/2010 - 7:39am
IRVINE, Calif., August 18, 2010 – An IPO for Green Dot Corporation (NYSE: GDOT) yielding over 110 times return, the acquisition of Language Weaver Inc. by SDL for $42.5M, and an IPO for Trius Therapeutics (NASDAQ: TSRX) have left a lot of Tech Coast Angels (TCA) members smiling and many early-stage, innovative companies excited about the future of entrepreneurship in Southern California. The three exits marked what has been a dynamic year for America’s largest angel investment network despite the economy, with a total of 14 new and follow-on deals by the end of second quarter...