Tuesday, September 13, 2011
Tech Coast Angels Launches Angel Network
The Tech Coast Angels, the largest angel investment group in Southern California, as well as the United States, said today that it has launched a new network which will syndicate deals between the firm and other angels. The angel group said the new Angel Syndication Network ties together the Tech Coast Angels, Golden Seeds, and the Band of Angels, and will make it easier for entrepreneurs to get funding. The groups said the network will reduce the need for due diligence when presenting startups to the respective groups. Likening it to a "on-ramp" to a freeway, the Tech Coast Angels said the network will reduce repetition of the same, money raising steps that companies have had to go through with angel investment groups.