Angel group sees record activity in 2011
Summary
Venture capital investments in Washington state took a negative turn last year, falling 16 percent to $540 million. But while venture capitalists didn’t invest as much as they used to in the region, at least one angel group said its members are picking up the pace. The Keiretsu Forum Northwest, made up of angels in Seattle, Bellevue, Portland and Boise, said today that its members invested $24 million in 36 companies last year. The angel group also added 78 new members in the Pacific Northwest last year. “We are pleased to be steadily growing our membership and due diligence resources to provide vital funding to growing companies,” said Nathan McDonald, president of Keiretsu Forum Northwest.
Funding
Amount
-
Total raised
Date
January 1, 2011
Announcement date
Investors
Keiretsu Forum
Lead investors
Company
http://www.focalpointenergy.com
Funded company
Classifications
industries
Energy & Natural Resources
applications
Accounting and Taxes
AskAI Classifications
Labels
IT Service Management Software
Software Development
Software as a Service (SaaS)
Linked Companies
CrowdCompass
$1M to $5M
PROLIN
$1M to $5M