Wednesday, February 15, 2012
Tech Coast Angels Fuel $45M In Deals In 2011
The Tech Coast Angels, the largest organized angel investment group in Southern California--and the nation--said Wednesday that it was part of $45M in funding in companies during last year, with $11M directly invested across 37 companies during 2011. The group said that it was part of more than $45M in total investments in companies during the year, including investments from venture and other investors. Those totals bring the total to $119M in direct investments since 1997 by the group, and a total of over $1.4 billion in financing deals the group has been involved with, including venture capital and other investors. The TCA said that the number of investments during 2011 was actually up almost 25 percent from 2010, and up nearly 50 percent over investments in 2009.