Angel investment network Tech Coast Angels unveiled the Angel Syndication Network (ASN), an affiliation of angel investment groups across the U.S. that intend to provide entrepreneurs with larger financing rounds before leaving the angel system.
Founding partners of the Angel Syndication Network include Tech Coast Angels in Southern California, Golden Seeds of New York City and Band of Angels of Northern California, with other groups in the process of joining as partners.
The idea behind the new network is to avoid that startups have to go through the same due diligence at other angel networks, or try to raise venture capital before they are ready, when they required additional funds.
FinSMEs
14/09/2011