The Angel Angle

Providing an inside look at angel deals, entrepreneurial innovation, and startup activity in the Pacific Northwest.

Saturday, May 2, 2009

Congratulations SNAPin - Alliance of Angels Company of the Year

Congratulations to SNAPin - who was honored with the 2009 Alliance of Angels Company of the Year award at the State of Technology Luncheon on Friday May 1st. Brian Roundtree, SNAPin's Founder & CTO, and Bob Lewis, SNAPin's CEO were at the big event to accept the award and took a moment to thank those who helped them succeed - and they even remembered to thank their wives!

SNAPin Software "provides mobile operators with handset self service software to deliver a branded, relevant experience directly to their subscriber's handset". Founded in July of 2003, SNAPin had its first customer trial in June 2005, first customer in June 2007, and first global customer (T-Mobile) in June 2007. SNAPin was acquired by Nuance in October 2008.

SNAPin was one of 5 AoA companies to have exits in 2008: Cleverset (ATG), Insitu (Boeing), Shelfari (Amazon.com), SNAPin Software (Nuance Communications), and The Coffee Equipment Company (Starbucks). All 5 acquiring companies retained operations in Washington.

According to the Angel Capital Association, of its members, Alliance of Angels is the most active angel group. In 2008, Alliance of Angels invested $6.4 million in 36 companies, the second-highest yearly total in AoA’s history.

Labels: angel investing, award, entrepreneur

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