Tuesday, June 29, 2010
TCA: $11.5M In Deals In Q1
The Tech Coast Angels is reporting this morning that it participated in over $11.5M in funding deals, including both angel and venture deals, in the first quarter. The deals included investments in Cyber-Rain, Benchmark Revenue, Allylix, Vigilistics and H2Scan. Individual details of those investments were not disclosed by the angel group, which is the largest angel group in Southern California, and among the largest in the United States. The TCA announced the deal count in conjunction with the launch of a newly designed website and simplified application process. The angel group had earlier disclosed the deal totals to members in May.