The Tech Coast Angels, the biggest angel investment group in Southern California, is trumpeting its involvement in five exits in 2010 today. The Tech Coast Angels said that it saw a 78.75 percent IRR as part of its involvement in the Series D financing of Mind Body Partnerships. The angel group also pointed out exits in Integrien, acquired by VMware for $100M in August; the acquisition of Language Weaver by SDL in July for $42.5M; the IPO of Trius Therapeutics, which raised $60M in an IPO in August; as well as the IPO of Green Dot Corporation. The TCA did not give details on the gains from those different exits, though the group did re-iterate that early investors in Green Dot received over a 100 times return.
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Wednesday, March 30, 2011TCA Trumpets Exits
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