It has been an active first half of the year with 11 fundings to date: Connect Homes, Crater, Jirav, Kango, Kiana Analytics, Nanotech Bio, NGX Bio, RealKey, Thinnect, VoiceBase, and YourFare. We also had 3 exits this year so far: Faraday Bicycles (April 2013 Dinner), InfoAxe (January 2008 Dinner), and Ciel Medical (October 2016 Dinner). We look forward to hearing from a number of our portfolio companies at the Band’s 9th Annual Portfolio Day on Wednesday, October 4th, 2017.
We had a wonderful Summer Dinner party last evening at the Woodside vineyard of Band member Craig London and his wife Margaret. About a hundred and thirty of us enjoyed the idyllic setting, great company, delicious food, and excellent wine. Pictured here are a few scenes from this lovely evening that has become a favorite tradition of the Band.
iBeat, a wearable technology company empowering people to live longer lives, today announced it has closed another $3 million in funding, bringing its total seed stage funding to $4.5 million. New investors include WTI, SV Tech Ventures, Lee Equity, and renowned entrepreneurs and angel investors Michael Rubin, Mark Burg, and Harald Ludwig. They join original investors Maveron, Subtraction Capital, Correlation Ventures, Band of Angels, super-angels Ali and Hadi Partovi, KKR founding partner Henry Kravis, and cardiothoracic surgeon and host of “The Dr. Oz Show,” Dr. Mehmet Oz. The company is also pleased to share it is building out its executive bench with leaders from Stanford University and Apple.
Read the full article on Venture Beat
Band member Ron Weissman, Chair of the Software SiG, was a keynote at this year’s Latin American VC/Angel conference that was part of the Americas Digital Conference in Santiago, Chile, speaking about capital models, financing strategies, and about what makes a successful regional startup hub.
Band member Jaleh Daie, Chair of the AgFood Tech Special Interest Group (SiG) visited the BerriUp accelerator in Donostia – San Sebastián. Pedro Munoz-Baroja, a former Auto executive, native of San Sebastián and Basque founded the BerriUp Accelerator in late 2015. This is the first accelerator in this region that was exclusively funded by private funds. They accelerate a broad range of technologies, including food tech, according to Pedro. The accelerator is open to companies from anywhere. More information is available on their web site www.berriup.com.