Sacramento Angel Investors Put Capital Into WellDog To Accelerate Coalbed Exploration in Asia

WellDog is a privatelCoalbed methane explorationy held company focused on using innovative technologies to improve exploration and production of oil, gas and alternative energy resources. They are headquartered in Laramie, Wyoming, with a subsidiary in Brisbane, Australia.

Emerging Asian economies need energy and Asian energy exporters are struggling to meet demand. Coal based resources, including gas, are contributing but they need new technologies to meet demand responsibly and quickly, exactly the niche WellDog has found with its exploration services.

Coalbed methane exploration

Welldog Raman Tool Going Downhole

Group Invests in Vokle, A Tech Coast Angels Led Investment

The  Sacramento Angels participated in the funding of Santa Monica based Vokle together with the Sierra Angels. The Tech Coast Angels of Southern California led the deal which closed this month.

A web based, social media, live video talk show platformVokle provides a web based, social media, live video talk show platform that enables anyone to build their audience via real time Q&A features. It has been used by the like of Huffington Press, Washington Post, Tony Robbins, and TimeWarnerCable.

PatientSafe Solutions Named One of the Wall Street Journal’s Top 50 Venture Capital Backed Companies

We were investors in portfolio company, Patientsafe Solutions, in 2004. They were just ranked #18 in the Wall Street Journal’s second annual Next Big Thing list of the 50 U.S. venture capital backed companies with the greatest promise to succeed. These are start-ups with potential for technological breakthroughs in health care, mobile communications and business software. To be eligible for consideration, companies must have received an venture capital / equity round of financing in the past three years and be valued at less than $1 billion, as the aim is to identify lesser-known contenders.

Glue Networks – Sacramento Company Raises VC Like Round from Angels, Including Sacramento and Sierra Angels

The Back Story

The $4.5M Venture Capital like Series A raise by Glue Networks has received local press, and been press released on the web. But there is another story behind this, one that involves deal sourcing, the power of angel collaboration and the ability of angels to put sophisticated deals together. So here it is.

Testimonial From A Company We Passed On

As a group we always see more companies looking for investment than we can possibly invest in. However, all companies that present to us, and in many cases those that apply to us, get feedback on their businesses. We like to think it is part of added value of our group.

It is not often, however, that a company we decline to invest in after a presentation gives us some positive feedback. But that happened this fall. Here is what the entrepreneur wrote to us the day after the presentation:

“I can not thank you enough for last night.

Portfolio Company Alter-G in Scientific American

The Sacramento Angels invested in Alter-G in 2007. They develop and market anti-gravity treadmills and have found markets with major league sports teams worldwide and more recently, rehabilitation facilities. Their most recent Series B venture capital round came from Versant Ventures in early 2009.

This month there is an online article in Scientific American about the company, its products, and its origins in NASA. Take a look; there is a compelling story within the article about an Iraq veteran rehabbing on one of the company’s treadmills.

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Sacramento Angels Portfolio Company Merges to Form Global English Language Instruction Company

In 2006 the Sacramento Angels led the initial financing round for Idapted. Idapted was founded by two students from Stanford to create a business and technology platform to enable people worldwide to learn English with VOIP technology and one-on-one tuition by home base tutors working remotely. It’s initial focus was the market for learning English in China and the company moved there and obtained its next round of venture capital funding from Gobi Partners.

We go “Back to School” in a September Network Event at the UC Davis Entrepreneurship Academy

The Sacramento Angels released this to the press today.

Sacramento Angels go “Back to School” in a September Network Event at the UC Entrepreneurship Academy

August 30, 2010. The Sacramento Angels, an accredited group of investors in the Sacramento Valley region, will host a major event on September 15 at the UC Davis Conference Center, bringing together faculty, industry executives, Sacramento Angels and individual investors from the region to the fifth annual UC Entrepreneurship Academy.

Sacramento Angels Participate in Cloud Cruiser Series A

Members of our group participated in the Cloud Cruiser Series A Venture Capital round led by Wavepoint Ventures. Wavepoint is a Corporate member of the Sacramento Angels.

Cloud Cruiser’s is currently in stealth mode and is developing unique solutions to address the growing pain of both cloud service providers and enterprises that are implementing virtualization and cloud computing infrastructure. The company has its origins locally in Roseville.

Take a look at the full press release.

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Sacramento Angels Lead $2.3 Million Round For Reframe It

The Sacramento Angels, together with the Sierra Angels, led a multi-million dollar financing for San Francisco web annotation startup company, Reframe It. They were joined by other regional angel groups and individual angels. You can read the web press release here, and see another report of the financing gathered, in part, from the filing with the SEC of Form D here.