Wednesday, November 30, 2005

Tech Coast Angels Announce 100th Funding

The Tech Coast Angels today is announcing that it has funded its 100th company, and has invested a total of $10.7M in companies during calendar year 2005. The TCA said that its members have invested in 21 companies so far this year, versus 17 company investments in 2004. The angel group also reported that outside investors have invested $84.3M in TCA portfolio companies this year. The TCA reports that it now has more than 270 members in its four regional angel networks. Recent investments by the group include Woodland Hills-based Innozen, Culver City-based Progressive Beverages, Pasadena-based Heartland Resource Technologies, and Santa Barbara-based Make It Work. More information »

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