Tips on Raising Funds from Angel Investors at CTAN Workshop

By LAURA LOREK Reporter with Silicon Hills News Raising money is really, really hard, said Bob Baughman, co-founder of HUVRData. “I thought it was hard enough just to develop some great new idea and get the business case, but funding is really hard,” Baughman said. HUVRData closed in August on $2 million in a Series […]

CTAN is the Most Active Angel Group Nationwide

Texas had 11 percent of all angel group deals in the second quarter of this year, according to the latest Halo Report. The deals, with a median investment round of $590,000, had pre-money valuations of $2.5 million. And 74 percent of the deals were syndicated. “When angels co-invest with other types of investors the media […]

Hurt+Harbach Shuts Down

Last month, a new seed-stage venture capital firm, Hurt+Harbach launched. This month, it shut down. Brett Hurt, co-founder of Bazaarvoice and formerly with Austin Ventures, and Jeff Harbach, former executive director of the Central Texas Angel Network, formed the firm aimed at launching more tech companies in Austin. Harbach and Hurt made the announcement to […]

How to Get Money from VC and Angel Investors

By LAURA LOREK Founder of Silicon Hills News Austin has one of the nation’s most active angel networks through the Central Texas Angel Network, known as CTAN. Last year, CTAN, with 100 members, invested about $8 million in 28 companies, including 13 new companies and 15 portfolio companies. Every angel investor is doing it because […]

AuManil Wins the Austin Startup Fast Pitch Competition at SXSW

BY L.A. LOREK Founder of Silicon Hills News The free to play model dominates the multi-billion dollar video game industry. So a lot of game makers capitalize on that by selling things to players in the game to make money. AuManil, which creates software to manage the customer relationship market for video games, wants to […]

CTAN’s Bril Flint Advises Entrepreneurs on Angel Investing

BY L.A. LOREK Founder of Silicon Hills News Bril Flint, an active angel investor, spoke at the University of Texas Entrepreneur in Residence “Money Talks” speaker series on Tuesday night at the AT&T Executive Education and Conference Center downtown. Flint is the incoming chairman of the Central Texas Angel Network, known as CTAN. Before becoming […]

VolunteerSpot Lands $1.5 Million Investment

VolunteerSpot, which creates tools for moms, nonprofit organizers and others to coordinate volunteers, has received $1.5 million. ff Venture Capital of New York led the investment along with the Central Texas Angel Network, Nebraska Angel network, Angel List and Baylor Angel Network. The Austin-based startup plans to use the funds for marketing and to double […]