Thursday, January 29, 2015
Tech Coast Angels: Record Amount Invested In 2014
Southern California's biggest organized, angel investment group, the Tech Coast Angels, said this morning that the group had its biggest investment year ever in 2014, investing a total of $16.37M across 61 total deals. The group said the investments make 2014 its largest ever since 1997 in terms of deals funded and amount raised. The Tech Coast Angels said that it saw five more exits in its portfolio in 2014, with the exits of AIRSIS, Allylix, Bluebeam Software, Hookit (formerly Loop'd Networks), and Mindbody Software. The investments were up by 12 percent from 2013, when the angel group invested $14.64M in its portfolio.