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.… Read the rest “Tech Coast Angels Invested Best Ever $16.37 Million in 2014”
IRVINE, Calif., March 29, 2011 A recent PricewaterhouseCoopers report entitled Shaking the MoneyTree established southern California as the third most active area for equity investments in venture-backed companies in the United States, coming in just slightly behind New England and growing far faster.… Read the rest “TCA CONFIRMS POSITION AS #1 INVESTMENT GROUP IN SOUTHERN CALIFORNIA WITH FIVE EXITS IN 2010”
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.… Read the rest “Three Profitable Exits for Invested Companies in a Single Month Highlight Dynamic Second Quarter for Tech Coast Angels”
Monrovia company is the largest player in the prepaid debit-card industry, with about 3.4 million active cards. For now, its biggest market is people outside the financial mainstream.
July 23, 2010
Financial service firms have struggled for years to reach the estimated 30 million lower-income households that make little use of traditional banks.… Read the rest “TCA portfolio company Green Dot shares soar 22% in IPO”