The Atlanta Technology Angels has invested in a company outside of Georgia for the first time. The move signals that the Angel investor group is opening up to investing with other angel groups and venture capitalists in firms across the Southeast.
“We’d like to get the word out that the ATA is looking at investment opportunties outside of Atlanta,” Jenn Pratt, who handles PR for the group with Carabiner Communications, said.
The ATA joined Cowtown Angel Network and Central Texas Angel Network and Golden Seeds in a $3 million investment in Austin-based Wisegate,an innovative IT research service founded in 2011.
Here at the TechJournal, we’ve noticed that a number of Angel groups are forming syndicates with other angel groups and early-stage venture capital firms to do somewhat larger than usual deals.
Using a crowdsourcing model
Through its service qualified senior technology professionals share information without the bias of analysts, vendors, media or advertisers.
Using a crowdsourcing model and advanced algorithms, Wisegate gives technology professionals trusted, timely, relevant and affordable access to the collective knowledge and experience of their peers.
Wisegate membership is available to senior IT professionals working for companies that do not sell IT products or services, and all applicants are screened to ensure they meet strict membership guidelines.
- Information void creates risk in IT decision-making
- Angel investment groups eye larger deals, national scope
- Charleston Angel Partners looks to RTP for deals
- Triangle-based Angel Network invested $7 million in startups
- Angel Investors spreading their wings
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