Tech Coast Angels Touts Success; Top Storage Startups; VCs—Maybe Not So Bad Off; Funding News
Tech Coast Angels Passes Billion Dollar Funding Mark – The Tech Coast Angels, which funds startups based in Southern California, has announced that it has now supported more than 150 companies and helped them raise 1 billion in third party and venture financing. Here’s the announcement from TCA: Tech Coast Angels Surpasses One Billion Dollars in Third Party and Venture Capital Funding to Portfolio Companies
10 Storage Startups to Consider – There are so many technology startups in so many different sectors that it’s inherently difficult to keep up with them all in all verticals. A critical sector that doesn’t get a ton of attention is storage, so I thought this list of storage startups from Byte and Switch was interesting. Check it out: Top 10 Storage Startups to Watch
Who’s Worried About VCs? – Despite the current well-documented downturn in the economy, and talk about a crunch in the venture capital world, venture investment worldwide isn’t decreasing. In fact, it’s growing. Here’s BusinessWeek’s take: What Capital Crunch?
Notable Funding:
Recurrent Energy - $75 million
Become.com - $8 million
