Angel Investing News

Friday, January 6, 2012

Brass Monkey swings biz model around, closes $750K seed round
Having shifted its business model, gameplay software developer Brass Monkey Inc. has closed on a $750,000 seed funding round, according to CEO Chris Allen.

Thursday, January 5, 2012

GrabCAD sketches out a $4M bump in funding
Open source CAD software startup GrabCAD Inc. has taken in $4.2 million in new funding, boosting its initial tranche of $1.1 million in June according to an SEC filing this morning and the GrabCAD website.

Wednesday, November 23, 2011

Pipeline Fellowship adds three to women's angel investing program
The Pipeline Fellowship, a program that trains women to be angel investors, launches its inaugural class in Boston in December with several prominent local women among the first class of fellows.

Thursday, November 10, 2011

Shareaholic lands $1.9M from familiar Boston investors
Shareaholic, a startup with a plug-in for making web content sharing easier, has raised a $1.9 million seed round from an ensemble cast of angel and venture capital investors. They include executives from 500 Startups, HubSpot and the Patriots.
Avaxia Biologics raises $2.2M angel round
Avaxia Biologics Inc., a Lexington-based developer of oral antibody drugs for the gastrointestinal tract, completed its first close of $2.2 million of a Series A financing led by angel investors, its CEO and founder Barbara Fox told Mass High Tech.

Tuesday, October 11, 2011

UNH: Angel investing sector shows 'stabilization'
Angel investors stepped up their activity in the first half of 2011, recording total investments of $8.9 billion, an increase of 4.7 percent over the same timeframe in 2010, with 39 percent of the money going into seed and startup stage companies, according to a UNH report.

Tuesday, October 4, 2011

InnoCentive keeps adding to $7.5M planned financing
Waltham-based InnoCentive Inc., a developer of an incentive platform technology, has boosted to $3.4 million a previously reported funding round that is planned for a top end of $7.5 million, according to federal documents.

Wednesday, July 27, 2011

ParElastic caps seed round at $2M
Waltham startup ParElastic Corp. has bumped up the $1.5 million seed round it announced in June to the planned cap of $2 million already.

Wednesday, July 20, 2011

Angel investing group ACA appoints Verrill, Silva to board
The Angel Capital Association has named four directors to its U.S. organization, including new member Paul Silva, manager of Springfield's River Valley Investors and re-elected director David Verrill, founder and managing director of Cambridge's Hub Angels Investment Group.

Wednesday, June 22, 2011

Life sciences-focused angel investors can be a fit for the right biotech
According to local angel investors, angel involvement can be a great match for biotech under the right circumstances, and indeed can sometimes be the main source of funding for the startups.

Tuesday, June 14, 2011

Skills testing startup Smarterer raises $1.25M
Smarterer – a startup intended to help people measure and compare their digital, social and technical skills to others – has pulled in $1.25 million in funding, adding Google Ventures to its list of investors, including True Ventures and a number of notable angel investors.

Tuesday, April 12, 2011

UNH report: Angel investments on the rise
Angel investing rebounded with a 14 percent increase during 2010, marking a recovery from a down year in 2009, according to the annual Angel Market Analysis released by the Center for Venture Research at the University of New Hampshire.

Tuesday, March 22, 2011

Blog: Four weddings and a funeral for an angel investor
Ty Danco blogs: Well, March has come in like a lion. Not only did we get 26 inches of snow two weeks ago in Burlington, but also I’ve been experiencing a blizzard of activity with my angel investments — four good events, and one bad.

Wednesday, February 23, 2011

Halo Report to follow startups' angel funding
A new quarterly report, dubbed the Halo Report, will track angel investments in early-stage companies, starting in the second half of this year. The report is a joint venture of CB Insights, Silicon Valley Bank and the Angel Capital Education Foundation.

Friday, February 18, 2011

Pixability draws $1M from nine angel investment groups
Digital video startup Pixability Inc. has raised just over $1 million in an angel round of funding led by Launchpad Venture Group, said CEO Bettina Hein, who called it possibly the "most widely syndicated round in New England ever."

Friday, February 11, 2011

SaveWave gets new name, closes $2.3M round
SavingStar Inc., a Waltham-based spinout from Upromise that launched as SaveWave Inc., has closed on a $2.3 million Series A funding round, according to federal documents.

Wednesday, February 2, 2011

How I See It: Stop, listen and get creative to gain angel financing
Even in these challenging economic times, angel investors can provide an essential source of funding for emerging businesses. In fact, angels often fill the gap between funding from friends and neighbors and a first round of venture capital. So, once you have found a potential angel investor, how do you seal the deal?

Friday, January 7, 2011

TechStars Boston draws fewer investor dollars than other markets
Backers of TechStars Boston are hoping 2011 will be better. In its first two years in Boston, investors have shown markedly less interest in the program’s graduates than they have in Boulder, Colo., where Techstars was founded, four years ago.

Friday, December 17, 2010

Brearton of Golden Seeds named to ACA board
Anita Brearton of the Boston office of angel capital group Golden Seeds has been named to a three-year term on the board of directors of the Angel Capital Association of North America, based in Kansas City, Mo.

Wednesday, December 15, 2010

Angel round supports Zyrra with $875K
Custom bra maker Zyrra LLC has capped an oversubscribed angel round at $875,000, according to founder Derek Ohly.