Angels in the outfield.Tech Coast Angels, a Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, network of private investors in start-up companies start-up company A new business. , announced that venture capital investments in the region are up more than 132 percent this year, to $84.3 million, among the 21 companies of the Tech Coast network. "We've been seeing a consistent trend that for every dollar that Tech Coast Angeles invests, other venture capital funds Venture Capital Funds An investment fund that manages money from investors seeking private equity stakes in small and medium-size enterprises with strong growth potential. Notes: invest $10," said John Morris, a managing director at GKM GKM Global Knowledge Management, Inc. Ventures and a Tech Coast Angel. Staff Reporter Hilary Potkewitz can be reached at (323) 549-5225 ext. 226, or by e-mail at hpotkewitz@labusinessjournal.com. |
|
||||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion