Alliance of Angels Releases 2008 Stats

Gregory T. Huang2/27/09

Seattle-based Alliance of Angels, a network of individual investors focused on the Northwest, announced today it invested a total of $6.4 million in 36 companies in 2008—the second-highest amount in the organization’s 11-year history. Nineteen of the investments were new, in startups spanning Web 2.0, software and services, mobile, gaming, nanotech, and consumer/retail. Five portfolio companies had exits last year: CleverSet, Coffee Equipment Company, Insitu, Shelfari, and SnapIn.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com or call him at 617-252-7323. Follow @