Cascade Angels raised $725,000 for its 2015 fund, the Bend-based organization announced Friday. That’s a 58% increase from its inaugural 2014 fund, which made investments in Manzama, Droplr and Amplion, all tech startups based right here Central Oregon, as well as Portland-based Poached Jobs.
From the news release:
“With investment from Oregon Growth Board, Craft3, entrepreneurs and business leaders, as well as CEOs and founders who have had successful exits, Cascade Angels is gaining momentum,” said Julie Harrelson, CEO of Harrelson Group, which serves as the Fund Manager for Cascade Angels. “Current plans are to begin investing in Oregon companies immediately in order to fund these early efforts.
The fund’s mission is to create opportunities for investors and businesses in and with connections to Central Oregon to drive economic growth and fuel prosperity. Cascade Angels is currently accepting applications from companies seeking investment capital.
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