"We hope to continue to influence the professional investment environment well beyond our geographic borders through syndications, strong partnerships, and new recruitment of angel members.” - Michael Green, 2015 Chairman, Tech Coast Angels
IRVINE, Calif. (PRWEB) July 21, 2015
Tech Coast Angels (TCA) today announced that the group invested a total of $4,546,338 in 17 total deals in Q2 2015, making this past quarter the most active Q2 since the network’s inception in 1997.
“We are well recognized as thought leaders in the angel community and we are thrilled to have such a diverse group of young, innovative companies to support, mentor, and invest in,” said Michael Green, TCA chairman for 2015. “We hope to continue to influence the professional investment environment well beyond our geographic borders through syndications, strong partnerships, and new recruitment of angel members.”
The angel network, now over 315 members strong, also realized five exits in the first half of 2015: CRISI Medical Systems, Mindbody, Olive Medical, Thermark and WiSpry. New deals for 1H 2015 include Beatshare, Cloudbeds, Doctible, everyStory, Korner, NabThat, and Playlist Media, Scent Solutions, and Twigtale.
About TCA: Tech Coast Angels is one of the largest angel investment groups in the US. The group comprises over 300 angels with experience in almost every industry (not just technology) in five networks that encompass Southern California (Los Angeles, Orange County, San Diego, Santa Barbara/Westlake and Inland Empire). TCA is the leader in providing funding, guidance, mentorship and leadership experience to early-stage, high-growth, exciting companies in Southern California. In 2014, TCA invested record numbers (over $16 million in 61 deals), and CB Insights ranked TCA ahead of all other angel groups as the strongest network in the country.
Since 1997, Tech Coast Angels have invested over $169 million in more than 275 companies and have helped attract more than $1.5 billion in additional capital/follow-on rounds, mostly from venture capital firms. These investments were in a wide range of industries including biotech, consumer products, social/mobile, IT, life sciences, media, software, environmental, and tech startups. For more information, please visit http://www.techcoastangels.com.
For more information, please contact:
Kimber Smith Fidler
for Tech Coast Angels
+1 (714) 267-0219