Wearables, Consumer & Semiconductor SiG - March 2017

The Wearables, Consumer & Semiconductor Software Special Interest Group (WCS SiG) met on Monday, March 13th at Carr & Ferrell (120 Constitution Dr, Menlo Park) from 1:00 PM to 5:00 PM. Presenters included: a company that provides wireless, smartphone-connected, exposure/color meters for both novice and professional photographers and filmmakers; a company that is the world’s first mobile metabolic rate tracker that synchronizes wirelessly to a mobile app and allows you to measure and track resting metabolic rate to assess personalized caloric needs for your patients’ weight management; a company whose technology automates facility management leading to effective utilization of workforce and materials, and a company that is the first Smart Feeder device for newborn babies and provides critical feeding health, nutrition, and wellness data to parents and to medicine. 

The next WCS SiG will be on Monday, April 17th. To apply, please complete the online application and check " Wearables, Consumer & Semiconductor SiG".

Band Portfolio Company ClinCapture Announces Open House to Celebrate Launch of New EDC Product

Band portfolio company ClinCapture will launch its newest product on March 29th, 2017, a premium offering called Captivate. Click here for more information on the Captivate Launch Party.

New platform features include: 

  • Advanced geography-based deployment, localization, and language options
  • Free and elective upgrades (the ability to accept or reject software updates based upon sponsor needs and without disrupting trial flow at the site-level)
  • Private cloud options for enhanced privacy and performance

New product features include:

  • Interactive dashboards with SAS downloads
  • “Best of Both Worlds” drag-and-drop and programmable configuration options
  • Risk based monitoring (RBM) and enhanced site-level control

ClinCapture is the only validated electronic data capture software available to sponsors and CROs for free. As a leading cloud-based eClinical application, ClinCapture empowers its customers to build their own studies, lower their clinical trials costs, and streamline their data capture processes. Headquartered in San Francisco, ClinCapture offers solutions for single-site studies, multiple-site studies, and enterprise organizations.

March 2017 Newsletter Introduction

We are pleased to announce a recently redesigned Band website, with a beautiful modern look and feel and several new functionalities. Members can view the calendar of upcoming meetings and register for the Dinner and Second Look on the web site itself. There is a password-protected member login which provides an online directory of the Band membership. To set up your password, go to the home page of the Band’s web site (bandangels.com) and click Member Login. Then click the blue link “Forgot your password?” and enter the email you have on file with BandHQ. This should allow you to set up a personal password. Our ask of you is this:  Please login and update your profile in the member directory, indicate in which SiGs you are participating, and mark your industry expertise. We pre-populated the member bios from your membership information form, but this may be outdated. Contact Sonja if you need any help with this. Having this information on-line should help facilitate finding Band members who have the background and experience to help with diligence and be co-investors on deals. One reminder however, a cornerstone of the Band of Angels’ culture is “All for one and one for all”. If you use this on-line system to find co-investors for a deal, you owe the whole Band the same opportunity. So please alert our Deal Manager Shayna or Exec Director Sonja, of any use of this platform in service of diligence on, or syndication of, a potential investment. For many years we deliberately did not have an electronic database. It was a crude way of forcing members to work through BandHQ to contact other members and thus allowed BandHQ to help maintain this key principle of the Band. In adopting the electronic database we turn the maintenance of this key operating principle over to you to help maintain. Please do your part! Also, of course, please keep the Band membership directory, and any and all information behind the member login, confidential.

You can contribute in other ways, too. For the News section, we’d like to encourage you to share news about our portfolio companies, trends in angel investing, send us a picture and writeup about any panels where you are speaking, or summary and pictures of the SiG meetings and other Band events. 

This website is a first iteration. We welcome your feedback and suggestions on what else to include on the web site to help you and our entrepreneurs with relevant information about the Band.

One of the benefits of banding together in a Band is that we can establish partnership deals we'd not be able to as individual angels. We have such a partnership, which you should know about, between the Band of Angels and Amazon Web Services (AWS) to provide any Band funded company with the same benefits given to companies in the Amazon AWS Activate program. Some of these include: choice of either $100,000 in AWS Promotional Credit valid for 1 year or $10,000 in AWS Promotional Credit valid for 2 years; 12 months of AWS Business Support; AWS Activate Toolbox with offers for Amazon Payments and Amazon Marketplace; access to the AWS Technical and Business Essentials web-based (or instructor-led) training ($600 value per course), and other benefits listed here http://bit.ly/aws-band.

We’ve had this program since 2015 and a number of portfolio companies, like Twine Data and NGX Bio, have already taken advantage of it and saved money. We are including this announcement as new information for our recent members and a reminder for the rest. Please contact Sonja for the authorization code to unlock this program.

- Ian

Band Portfolio Company Sift (ShopInbox) Raises $1.5 Million To Make Your Credit Card Work For You

Band portfolio company Sift (ShopInbox) today announced the public release of thir app and a $1.5 million seed round with the backing of a great set of investors: Liquid 2 Ventures (Joe Montana's fund), Plug and Play ventures, Mark Lefanowicz (early Credit Karma investor), Sy Fahimi (early investor in Mint), super angel Sophia Collier, Band of Angels, Rajul Garg (early stage investor in US/India), Anton Gauffin (founder of Huuuge games) and a number of banking executives. 

The team set out to build this company based on the insight that the post-purchase experience is broken. Most Americans, who average between two and four credit cards, are aware of their common benefits such as points, merchandise rewards, and travel. But credit card perks are like an iceberg - some of the most valuable benefits are underneath the surface, hidden behind jargon and fine print or are hard to take advantage of. They couldn’t believe that so much money was being left on the table when it belonged in the pockets of consumers! 

Read more on Sift's web site

Software SiG - March 2017

The Software Special Interest Group (SiG) met on Wednesday, March 8th from 1:00 PM to 5:00 PM at Carr & Ferrell (120 Constitution Dr, Menlo Park). Featured speaker was Dixon Doll, who talked about current VC trends. Mr. Doll is former chair of the National Venture Capital Association and Founder of Doll Capital Management. In addition, 5 companies presented: audio for bloggers, meeting productivity tool, a single user manual for one's home and its key appliances, financial planning and analytics in the cloud, and life science quality management.

The next Software SiG will be on April 12th focusing on FinTech startups. To apply, please complete the online application and check "Software SiG".

Picture: Dixon Doll addressing the Software SIG