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The Angel Angle

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

Thursday, May 21, 2009

Welcome Greg Huey!


Alliance of Angels is thrilled to welcome new Program Director Greg Huey, whose first day was May 5th.

A former principal at Frazier Technology Ventures, Greg brings more than 10 years of corporate development and investment experience to his new position managing the operations of AoA, one of the nation's most active angel groups based on 2007 and 2008 deal activity.
Greg says that he is "very excited to join the AoA team and build upon the great work that everyone has been doing here. I am particularly eager to work with the Seattle entrepreneurial community again as well as leverage my private equity and venture capital background to serve as an asset to the organization and its members."

Greg can be reached at greg(at)allianceofangels(dot)com or (206) 389-7321.

posted by Katy Tollefson at 1:39 PM 0 Comments Links to this post

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

posted by Katy Tollefson at 5:15 PM 0 Comments Links to this post

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Previous Posts

  • Jon Jacobson: 2008-2009 AoA William H. Gates, Sr. ...
  • AoA Seed Fund 1st Investment: LiquidPlanner
  • Welcome Greg Huey!
  • Congratulations SNAPin - Alliance of Angels Compan...
  • 2009 Office Market Outlook for Entrepreneurs
  • Calling All Northwest Angels: Join AoA for the 200...
  • Surviving the Downturn: Advice from Seattle-Area F...
  • Congratulations to Insitu!
  • Congratulations to The Coffee Equipment Company
  • Fund Raising in a Recession

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The Alliance of Angels (AoA) provides a forum for the matching of entrepreneurs of early stage technology companies with investors who are committed to funding high-risk opportunities. AoA does not evaluate or endorse any of these investment opportunities and makes no recommendations regarding the appropriateness of particular investment opportunities for any investor. AoA makes no independent investigations to verify the factual information submitted to potential investors and AoA makes no representations or warranties with respect to the information provided by applicant entrepreneurs. As a result, potential investors must conduct their own investigation of the merits and risks of each investment opportunity, and negotiate the terms of their investment. All investors are strongly encouraged to seek legal and other professional counsel prior to making such investments.

Membership in the AoA does not constitute an offer by AoA to sell or the solicitation by AoA of an offer to buy any investment interest in the business ventures of applicant entrepreneurs. Any sale or purchase of an investment interest shall be a private transaction between the entrepreneur and the investor members without any participation by or remuneration to AoA. AoA has no financial interest in any firm posted on the AoA web site or presented to the membership. AoA meetings do not constitute an offer by AoA to sell or solicitation by AoA of an offer to buy any securities of any presenter company. AoA does not function as a broker-dealer or investment advisor and is not registered as such with any federal or state securities regulator.

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