Wednesday, May 5, 2004

Pasadena Angels Invests In GlobalTouch Telecom

The Pasadena Angels, an early stage angel investment group, announced it has closed $400K of convertible debt financing for GlobalTouch Telecom in West Los Angeles. GlobalTouch is providing international telecommunications services to expatriate communities in Northern America. Ten members of the Pasadena Angels invested in the round. The Pasadena Angels have invested $4.5M in 17 ventures in the last three years.

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