AngelPad to launch 11 startups in San Francisco today
AngelPad, established by Thomas Korte in 2010, is scheduled for a demo in San Francisco today. The company has already imprinted its grip in the growing field of tech startups having operations in New York City and San Francisco. AngelPad has successfully reared startups including MoPub, which was acquired by Twitter in a deal last fall valued USD350 million. It has also helped Crittercism also got its “wings” from AngelPad and has raised USD48 million in total.
The company has been operating under its own funds not until last fall when it received USD7 million from individual investors, reported TechCrunch.
Today, 11 startups will receive their “wings” and would go public a roomful of investors. The startups who would bid goodbye to AngelPad included Hiveary, a web infrastructure monitoring platform established by former engineers working for Google. TapFwd would also say its final adieu to AngelPad. The startup operates as a mobile ad platform and was established by former engineers from Rapleaf. Meanwhile, PeopleGoal and Arthena also graduates from AngelPad along with MediSyn and Blitzen. ValetAnywhere, JiggList, Seed.jobs, GrandSavers and Paintzen also join the list of AngelPad graduating batch today.