Alliance of Angels Portfolio Roundup: Merry Funding and Happy Series A
Several AoA Portfolio companies have closed out 2007 by closing out their funding rounds…read on for a snapshot. Congratulations to all!
- Fyreball: Bellevue, WA. According to CEO Pete Parsons, “Fyreball is a rich and playful alternative to email for sending stuff to your friends. It's being developed by a team of game industry veterans, internet addicts and Spartan warriors. We think Fyreball will be a great way to track, send and receive cool content on the web.” We agree! We’ve tried it and it is contagiously fun. We could tell you more but we’d have to kill you. Or sign up yourself.
- Pete comments: "The Fyreball team is honored to be working with the Alliance of Angels. We look forward to the support, counsel and feedback of this outstanding group as we work to make Fyreball great."
- Additional press for Fyreball: San Jose Mercury News, John Cook's blog (twice)
- Green Couch Conspiracy- Seattle, WA. These guys are as local as you get- Garfield High grads with street cred that includes bootstrapping their first start-up (Serials Solutions) to a successful acquisition. Co-founder and CEO Steve McCracken describes: “CultureMob.com is a new site offering personalized local events discovery: music, movies, theater, sports, and more. Our philosophy is to release early and iterate often. This a fraction of what we'll be releasing over the upcoming months.” Check it out here.
- Steve comments: "Thanks again for all the support that AoA provided during our recent fund-raising round. We were able to subscribe the entire round in approximately 60 days "deck to check." AoA played an important role in that, both as a partner for helping us refine our pitch (this was our first time seeking outside funding), and introducing us to prospective investors. I've encouraged several entrepreneurs to contact you."
- Additional link: A mention on John Cook’s blog.
- Elemental Technologies- Portland, OR. CEO Sam Blackman got the band back together from Pixelworks to create a GPU-based video processing software solution…the holy grail of better, cheaper, faster software for professional video applications. With seed funding from Pixelworks, Elemental closed out this $1.05M round with groups including the Oregon Angel Fund, Bend Venture conference, and AoA. Learn more here.
- Additional press on Elemental Technologies: The Oregonian, Northwest Innovation, Oregon Live
posted by Rebecca Lovell at
10:15 AM
1 Comments:
We received an anonymous comment remarking "this seems like an awfully short list." Though it is generally our policy not to post anonymous comments, we really wanted to respond and encourage dialogue. The AoA is extremely sensitive to SEC regulations, and will not disclose information on portfolio companies that are in the midst of raising funding. The three companies listed here are just those that have closed their rounds since we launched the blog (8/07). We are pleased to report that 2007 was another record-breaking funding year-- our members invested in 39 deals that were vetted by, and presented to, the Alliance of Angels. In 2006, with 31 investments, we were deemed the most active group in the nation, so have high hopes for 2007 as we continue to compile our data. We do welcome the comments/questions so keep them coming! Cheers.
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