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 networks inception in 1997 for number of deals funded, and capital raised was also the largest ever. TCAs five networks throughout Southern California invested in a variety of industries last year, including consumer goods, healthcare, biotechnology, HIPAA-compliant data storage, social networking, organic agriculture, and automobile technology.In 1H 2014, TCA investments totaled $6,321,874 in 27 total deals. 2H 2014 saw a nearly 60% increase in the amount of total investment from the first half of the year, with $10,051,463 in 34 total deals. Compared to 2013, the angel network increased its total investment portfolio by nearly 12%, from $14,639,612 million in 2013 to $16,373,337 in 2014.After four successful exits in 2013 (Cognition Technologies, Green Dot, Lend Amend and Trius Therapeutics), 2014 brought five more positive exits with AIRSIS, Allylix, Bluebeam Software, Hookit (formerly Loopd Networks), and Mindbody Software. TCAs portfolio of new deals for 2014 include: Aggregage, Apeel Sciences, Ascendant Spirits, Beacon Healthcare, Edufii, Fusion Brake, GoBookIt, ImmunoGum, iPourIt, LeaseLock, Neural Analytics, Parcel Pending, Perfectna, Portfolium, Respiratory Motion, RetroSense Therapeutics, Ring Router, Schlep & Fetch, Soma Bar, Spine Innovation, The Influential Network, TrueVault, Unlicensed Chimp Technology, and WeGoLook. “We are excited by the quality and unique breadth and scope of these great, young, mostly Southern Californian companies that we can support through our experience and capital, said Michael Green, TCA incoming chairman. “We look forward to continuing to find, hone and cultivate the many outstanding early-stage companies in our community in 2015.
Learning new skills is always an interesting process for both students and teachers. We all know that learning can be a long process, and most of the time, we don’t know where we stand in our journey to expertise. Eduffi has created its Virtual Training Space as a tool for students to stay in touch with their coaches when physical presence is not always possible.
TrainingSpace is an app for mobile devices and computers that acts as a “virtual classroom” in which students can continue gaining insight on their progress and improvements that they have made. According to Edufii, “TrainingSpace’s make it easy to capture technique, drills and lesson recaps using video, pictures and text from in-person lessons. This key information is saved, catalogued and made accessible to Coach, Athlete, and support (ie: parents, friends, teammates) instantly enabling quality practice, consistent motivation and seamless collaboration.”
Edufii is lead by Spencer Dennis, CEO and Co-Founder, and Andrew DeMille, CMO and Co-Founder. Dennis is a 10-year professional golf coach and DeMille has MVP Sales experience with Right Scale and SaaS in addition to being a viral growth marketing consultant. If you have an interest in supporting Edufii coaching efforts, visit them at www.edufii.com.