Spine Innocation Expandable Interbody Fusion Cage for First Time

Press Release

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

Irvine, Calif. – May 1, 2015Tech 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/Westlake and Inland Empire).

“TCA continues to be a dominant source of funding for Southern California entrepreneurs, with our network’s members providing financial and experienced support to exciting, early-stage companies,” said TCA’s 2015 chairman Michael Green. “We are encouraged with the mix of deals, successful exits and upcoming deals, and we are looking forward to another great year.”

Positive exits for Q1 2015 included Olive Medical and Thermark. 

The funded companies for the quarter are: Groundmetrics, ImmunoGum, iPourIt, Pediatric Biosciences, Playlist Media, Schlep & Fetch, Spine Innovation and Twigtale. 

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 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.