Tuesday, January 20, 2015

Alliance Of Angels Raises $5.3M In New Pacific Northwest Seed Fund

The Alliance of Angels, which is one of the most active angel investment groups in Pacific Northwest startups, said today that it has raised $5.3M in a new, investment fund, which it says is targeted at $10M. The startup investment group said the new, seeds fund came from Madrona Venture Group, Trilogy Equity Partners and Voyager Capital, as well as Geoff Entress, Linden Rhoads, Michael Schutzler, Steve Singh, along with many other angels. The Alliance of Angels said the fund is still open to new investors. The group is targeting seed investements in the "next generation of game-changing companies" in the Pacific Northwest. The new fund will invest alongside investments by the Alliance of Angels group.