Tri-Cities Tech Business Update
Angel group sees record activity in 2011
Members of the Keiretsu Forum Northwest, made up of angel investors in Seattle, Bellevue, Portland, and Boise, invested $24M in 36 companies last year. That was the highest total since the group was formed in Seattle in 2005. Twenty nine of the 36 companies were based in the Pacific Northwest. Thirty eight percent of the funds went to real estate firms, followed by technology (30 percent) and consumer/retail (16 percent). The angel group also added 78 new members in the Pacific Northwest last year. Read more...
