The Tech Coast Angels investor group placed more than $10 million last year in Southern California companies, said investor Jack Florio, a spokesman for the group.
The total invested was the highest since 2007, with the most deals since 2005, Florio said. Tech Coast Angels is an association of individual, or "angel" investors in Southern California, who collaborate on investments.
Of the 36 deals completed in 2011, 19 were new and 17 were follow-on investments, Florio said. Individual investors contributed 90 percent with the rest coming from the group's Angel Capital Entrepreneur (ACE) Fund.
To read the full, original article click on this link: Tech Coast Angel investment topped $10M in 2011
