2018 Meeting Archive

During 2018 Beacon Angels entertained new funding proposals from companies and due diligence reports, respectively, as follows :

January 9, 2018

  • Meenta which helps scientists more fully access costly and limited laboratory resources by finding, accessing and sending biological samples to idle equipment via the Cloud; and
  • Tӧst Beverages, which develops and sells uniquely delicious non-alcoholic celebratory beverages.

February 13, 2018

  • Jobletics, an on-demand temp staffing marketplace for the food service and hospitality industry, and
  • Name Net Worth, which offers an app to convert your networking activity into sales opportunities.

Members’ due diligence reports: Magurobotics, and Töst Beverages. 

March 13, 2018

  • GoPetie, a B2B & B2C mobile platform that connects pet owners to each other, to local service providers and municipalities in a social community environment, and
  • GuruSnaps, which connects business owners with professionals (Gurus) who can help them sell their business on the best terms.

Members’ due diligence reports: Töst and Jobletics.

April 10, 2018

  • Rockstep Solutions, which offers Climb, a scalable SaaS animal laboratory informatics software product that is designed in the Azure™ Cloud to leverage smart-lab technologies and utilize more elastic resources.

Due diligence update: Tӧst,

Beacon hosted funding updates by the CEOs of Pykus Therapeutics, and Spiro Technologies.

May 8, 2018

  • Zippity Cars, which offers maintenance services directly to car owners at their place of business,
  • BioTrak Therapeutics, which offers a mobile behavioral health app for the 2.4 billion people worldwide who suffer from frequently recurring tension-type headaches & migraines, and
  • ScholarJet, where students earn college scholarships and companies reach a talented pool of college students, vet candidates for internships and employment, and enhance their employer brand.

We heard an update on Meenta, a prior Beacon presenter.

June 12, 2018

  • LASO Technologies, which is selling a very waterproof Iphone case and is developing other field-use Iphone accessories; and
  • ENTERAstim, which is developing a therapeutic system to stimulate the small bowel in the human GI tract electrically and speed the return of its motility from ileus to normal.

We also heard:

  • Due diligence reports on Zippity Cars and on ScholarJet, and
  • An update from the CEO and founder of portfolio company Ecare Vault.

Finally, we conducted a full review of the health and prospects of the companies in the Beacon Angels portfolio.

July 10, 2018

  • Waec, which provides a low-cost, efficient local delivery option for consumers and stores using autonomous ground drones that politely navigate sidewalks and crosswalks, and
  • Mobile Price Card is which offers a patent-pending technology to help consumer electronics retailers improve sales by advertising on the screens of devices already on display.

September 11, 2018

  • QMedic, which offers a smart emergency help button service partnered with health insurers to support high-risk members living at home; and
  • Datarista, a platform for data providers in the third-party Sales & Marketing data industry to create and manage integrations in CRM and Marketing Automation platforms such as Salesforce, Marketo & Eloqua.

Member reports:

  • Beacon’s participation in any extension of the Zippity round; and
  • Update on the pending bridge round by Siamab Therapeutics.

October 9, 2018

  • Omega Trace, which is offering a product suite for brick and mortar businesses to monitor and track visitors to their premises, and
  • Weft-Tex, which has developed and is selling a proprietary breath-through crib mattress.

Member updates and due diligence: Datarista, and Zippity Cars.

November 13, 2018

  • First Light Biosciences, which has developed and will be bringing to market a self-contained benchtop system to diagnose antibiotic-resistant infections in hospitals; and
  • Enviro Power, which has developed the SmartWatt™ Boiler, a 95% efficient, closed-loop micro steam turbine for heating systems in homes and businesses to generate electric power on-site both as a backup and more cheaply than grid-supplied power.

Members’ due diligence reports and company updates:

  • Datarista, a platform in the third-party Sales & Marketing data industry for data providers to create and manage integrations in CRM and Marketing Automation platforms such as Salesforce, Marketo & Eloqua; and
  • Concrete Sensors, which is selling a system for building professionals to monitor and control the concrete curing process.

December 11, 2018

  • Invitrometrix, which has developed and is selling devices to life science research and drug discovery companies that uniquely provide continuous, real-time, quantitative monitoring of cells in culture, and
  • Walch High School Math, which automates the development and deployment of high school curricula, giving school districts a virtual curriculum department in the cloud.

Member Due Diligence:

  • Datarista, which offers a data platform for the Sales & Marketing data industry; and
  • First Light Biosciences, which has developed and will be bringing to market a self-contained benchtop system for the on-site diagnosis of antibiotic-resistant infections in hospitals.
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Beacon Angels 2017 Meeting Archive

December 12, 2017

New funding presentations:

  • PrettyInstant, the world’s first managed marketplace for professional photography, saving clients time, money, and aggravation associated with hiring contract photographers; and
  • com, which is developing a marketplace to improve the used textbook-buying experience.

Member due diligence report: Magurobotics.

November 14, 2017

New funding presentations:

  • Labby, which has developed and sells a food and beverage testing device, to be used on-the-go for counterfeit detection, measurement and quality control in beer and wine production and sales; and
  • Magurobotics, which has developed and sells a lure device potentially to revolutionize the sport-fishing and bait-fishing industries.

Members’ due diligence update:

  • SNO Dietary Management.

October 10, 2017

New funding presentations:

  • Simplified Nutrition Online Solutions, which develops and markets dietary management tracking software to eldercare institutions, the US military, correctional facilities, food distributors and manufacturers; and
  • DJ Microlaminates, a materials science company seeking to market thick dry film laminate sheets and rolls for wafer fabrication processes, sensors, MEMS, microfluidics and medical and consumer devices.

Members delivered due diligence updates on:

  • Pykus Therapeutics and
  • Alps & Meters,

Plus a funding update on VetX.

September 12, 2017

New funding presentations:

  • Alps & Meters, a luxury sportswear brand powered by a home try-on model of B2C service and distribution; and
  • Crowd Comfort, a revenue generating company self-described as “Waze for buildings. We crowd-source building data (comfort, maintenance, safety, etc.) from occupants to help organizations operate more efficiently.”

Members’ due diligence reports: Pykus Therapeutics and Patheer.

August 19, 2017


Beacon enjoyed its 2017 Summer Garden Party on Saturday evening, August 19th.

July 11, 2017

New funding presentations:

  • Thinking Chat employs artificial intelligence techniques to provide an improved chat agent to improve Web site lead capture by 30% or more using consistently effective dialogs 24-hhours per day.
  • Spiro Technologies uses self-writing customer relationship management software to increase sales effectiveness. Spiro aims for a CRM so intelligent that it updates itself automatically as a salesman works, and provides users with alerts to drive sales.

Member due diligence reports:

  • Pykus Therapeutics,
  • Patheer, and
  • VetX, and
  • DoneGood.

Beacon’s upcoming get together will be its Summer Garden Party on the evening of Saturday, August 19th.

June 13, 2017

Funding Presenters:

  • Nutrimedy, led by Edwin Rivera, which is developing a novel telehealth platform that transforms disease prevention and management by matching people with Registered Dietitians; and
  • DoneGood, led by Cullen Schwarz, which offers a browser extension and mobile app to help consumers to find ethically-sourced environmentally-friendly goods produced by social enterprises.

Beacon members also presented and reviewed due diligence reports on:

  • Pykus Therapeutics,
  • Patheer,
  • Frontlane,
  • VetX, and
  • NextShift Robotics.

The CEO of Siamab Therapeutics also presented an update.

May 9, 2017

Presenters were:

  • Prapela, led by John Konsin, integrates breakthrough technology into products to help babies relax, breathe and sleep; and
  • NextShift Robotics, led by Mary Ellen Sparrow, which is developing an e-commerce order fulfillment system whereby robots communicate with each other, and work more efficiently with human ‘pickers,’ enabling 3X to 8X efficiency improvements.

Beacon members also presented and review due diligence reports:

  • Pykus Therapeutics,
  • Unite GPS,
  • Patheer,
  • Frontlane &
  • VetX.

April 11, 2017

Funding Presentations:

  • FrontLane offers the Braking Bar,™ a patent pending, wireless, battery powered Adaptive Brake Light that can be added to any vehicle to help prevent the most frequent type of car accidents: rear-end collisions; and
  • VetX, which offers a communications and analytics platform for veterinary clinics and pet owners, with an initial focus on extending clinics’ triage services after-hours and on weekends.

Members’ due diligence reports:

  • Pykus Therapeutics,
  • UniteGPS,
  • QSM Diagnostics, and
  • RacerX.

March 14th, 2017

Funding Presentations:

  • Green Pinata, which sells subscriptions for high-quality, wooden toys to delight children, save parents money and reduce clutter; and
  • Patheer, which offers an enterprise talent development platform for employers to retain and grow talent while empowering employees to drive their own careers.

Member due diligence reports and updates on recent presenters:

  • Pykus Therapeutics,
  • UniteGPS,
  • MyBlend,
  • QSM Diagnostics &
  • RacerX.

February 14th, 2017

Funding Presentations:

  • Pykus Therapeutics, which is developing a dissolvable intraocular device to make retinal surgery less painful and more successful; and
  • UniteGPS, which develops software tools related to location. Their first product is being sold to school districts nationwide and is called Crosswalk.

Member due diligence reports and update: My Blend

Portfolio company CEO update: IQuartic.

January 10, 2017

Funding Presentations:

  • My Blend, creating new ways for fashion and lifestyle brands to better engage with consumers by de-cluttering their e-mail inboxes, opening conduits to the social digital lives of women in the age 25-40 demographic; and
  • The Wardrobe Essentialist, launching a two-sided menswear marketplace employing unique multi-brand data and machine learning to proffer personalized merchant recommendations, leading to more orders, lower return rates, and a superior return on Ad Spend.

We discussed our new investment in Ecare Vault, and heard diligence reports concerning QSM Diagnostics and RacerX.

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Beacon Angels 2016 Meeting Archive

December 13, 2016

Funding Presenters:

  • 3d Fortify, a materials 3D printing company that uses patented magnetic alignment technology to create highly complex carbon fiber composites; and
  • Flaskworks, which is developing modular, closed and disposable systems for the manufacture of dendritic cells and stimulation and expansion of T cells for the rapidly growing immuno-oncology and dendritic cell-based vaccines markets.

We also considered due diligence reports or updates on

  • Kalion,
  • eCare Vault,
  • RacerX and
  • QSM Diagnostics.

November 8, 2016

Presenters to the meeting were:

  • eCare Vault, which is developing a social network for parents of children with developmental needs to share and coordinate with health and education team members; and
  • Kalion, an industrial biotech company that will use traditional, green, fermentation technology to produce high-value chemicals at a substantially lower cost and higher purity than current methods, with a beachhead in the supply of glucaric acid, a key ingredient of Ritalin and other drugs.

Portfolio company Affectly provided a member-investors’ update.

Due diligence committees discussed QSM Diagnostics and RacerX.

October 11, 2016

Our meeting featured funding presentations by:

  • RacerX, which is paid by consumer product manufacturers to facilitate consumer product registrations with a mobile app, facilitating their relationship marketing; and
  • Eversound, which will shortly launch targeted sales of its listening enhancement devices for seniors.

We also reviewed and discussed due diligence reports concerning:

  • QSM Diagnostics, and.
  • WhisperSom.

September 13, 2016

Funding Presenters:

  • WhisperSOM, which is developing a lightweight, wearable device that works with your smart phone to interrupt sleep apnea and snoring, and
  • Cre8MDI, which is developing a medical device for the early prediction of cardiovascular disease by primary assessment of arterial stiffness by pulse wave velocity.

We also discussed due diligence reports concerning:

  • Dookans
  • XCube R&D, and
  • QSM Diagnostics.

And we discussed our just completed initial round investment in Orange Photonics.

August 14, 2016

The Beacon Angels 2016 garden party was held at the Swiggarts’ home August 14th, at which the Pat Gaulin Trio performed.

July 12, 2016

Presenters were:

  • QSM Diagnostics, which is developing a diagnostic instrument sensor to identify and monitor bacterial infections in wounds, and
  • Polis, which offers a door-knocking app and data dashboard to assist companies and political campaigns to manage and improve their field operations.

We conduct due diligence reviews of:

  • Dookans,
  • Gadfly Legal,
  • Launchpad Medical,
  • XCube R&D &
  • Orange Photonics.

June 14, 2016

The meeting featured presentations for funding by:

  • XCube R&D, which is deploying big data management systems, originally developed for the aerial drone, to help automobile companies develop, test and safety check autonomous driving systems; and
  • Orange Photonics, which is deploying the “Lightlab” laboratory grade portable analysis platforms to deliver potency analysis, of the four major cannabinoids, on-site to marijuana dealers.

The members also discussed portfolio updates for Concrete Sensors and Iquartic. They evaluated due diligence results for Dookans, Gadfly Legal, Or-Genix, Launchpad Medical and Loto Lighting.

May 10th, 2016

Presenters were:

  • Loto Lighting, which designs and sells motorized controllable display lighting, and
  • PSM Clean Energy, which simplifies financing and investing in solar projects.

Members also presented and considered due diligence reports on five pending recent presenters now under consideration.

April 12, 2016

Presenters  included:

  • Or-Genix Therapeutics, which is developing and out-licensing proprietary science based topical products to help prevent and treat hormonally aging skin and hair in women aged 40+; and
  • Launchpad Medical, which is developing and commercializing Tetranite,™ a proprietary adhesive that supports and integrates with the body’s self-repair mechanisms to help regrow bone and permanently stabilize metal hardware—initially for dental implants.

Both companies were accepted for Due Diligence.

Members delivered due diligence reports on DookansGadfly Legal, and IQuartic.

March 8, 2016

Funding Presenters:

  • Gadfly Legal, which offers a leasing negotiation and management system to in house counsel and commercial leasing managers; and
  • Antera Therapeutics, which is developing the only therapy to prevent infants from developing peanut allergies.

Portfolio company Concrete Sensors, which sells a system to builders to monitor and improve the curing of concrete in commercial projects, provided an update.

February 9, 2016

Funding Presenters:

  • Medical Surface develops advanced coatings for medical devices using a proprietary single step technology. Their surfaces are designed to make biosensors work better and last longer in the body.
  • iQuartic is developing a data technology to help large health insurers and health care providers evaluate up to 40% more of the risk factors of a given population, and thereby estimate risk and costs more quickly and reliably than existing methods.

Members delivered due diligence reports on Building ConversationConcrete Sensors, and Dookans.

January 12, 2016

Presenters were:

  • Metacomb, developer and purveyor of structural paneling and countertops fabricated from corrugated cardboard for use by architects and designers; and
  • Dookans, purveyor of ‘What the Trucks’ app enabling mostly lunchtime customers to identify, locate and purchase meals from food trucks.

Members delivered due diligence reports on AtanseBuilding Conversation and Concrete Sensors.

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Summer Garden Party


Beacon Angels threw a garden party the evening of August 14th at the Swiggarts’ home. Hosts grilled beef tenderloin, hot dogs and asparagus, while guests delivered a Cornucopaeia of side dishes and desserts. The Pat Gaulin Trio made a special appearance, performing jazz classics with verve and creativity, including ‘Straight, No Chaser,’ ‘Meet the Flintstones,’ and ‘Satin Doll.’ A wonderful time was had.

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Beacon Angels 2015 Meeting Archive

December 8, 2015

Funding Presenters:

  • Qleek, which has developed, markets and sells an aesthetically pleasing music player; and
  • Clinical Research IO, which captures research data directly on tablets and in the cloud for greater accuracy, and affording drug companies substantial savings in clinical trial audit costs.

Due diligence reports: PanTher and Building Conversation.

November 10th, 2015

Funding Presenters:


  • PanTher Therapeutics, which is developing drug-eluting devices to deliver chemo drugs directly to hard tumors; and
  • Apptient, which is developing a system to enable advertisers to reach users of free mobile apps with targeted ads.

Siamab Therapeutics, a Beacon portfolio company and Building Conversation, currently in due diligence, also presented updates.

Oct. 13, 2015

Funding Presenters:

  • Constant Therapy, of Newton, Mass., Veera Anantha presenting, develops tools for personalized and 24×7 brain rehabilitation to patients via iPads & software tools to providers for evidence based care.
  • Brendan Dowdall, CEO, described how the phone-based system of Concrete Sensors, of Boston, Mass., enables construction management professionals efficiently to receive, monitor and analyze real time data for the drying and curing of concrete, a matter of key time sensitivity and importance for major construction projects.

Sept. 8, 2015

Funding Presenters:

  • TelePro Health(Medical Services), which provides online video to integrate remote doctors’ visits and monitoring, claims processing, eprescriptions, medical records, wearable and remote monitoring devices and real-time health app data; and
  • Atanse(Medical Devices), which develops neurosurgical instruments that enable biotechnologycompanies to deliver therapeutics in the brain with greater precision and reduced trauma.

July 7, 2015

Funding Presenters:

  • RumiSpice, which was founded by US Army Afghanistan war veterans who have established sourcing and distribution channels for the worlds most expensive spice; and
  • CrowdComfort, which offers a crowd sourcing platform for the management of commercial building facilities. Building occupants report site-specific facilities issues via smartphone.

June 2, 2015

Funding Presenters:

  • Building Conversation, Terrence Masson, CEO, has developed a subscription based app to allow architectural firms, building firms, contractors, developers and other persons involved in building and real estate development to view an augmented reality image of prospective architectural project; and
  • Oikos Software, which seeks to provide cloud based accounting software to firms of all sizes.

April 14, 2015

Funding Presenters:

  • BeTH which develops novel, human-device interfaces to improve comfort, mobility, and the health of patients, and has, most recently developed a dynamic liner that continually adjusts the fit of prosthetic devices to ease the wearer’s comfort and mobility; and
  • Treppen Technologies, which offers a decision compliance and support system for corporate governance.

March 10, 2015

Funding Presenters:

  • Impact Product Development, which has developed a device that turns a smartphone into a mobile fish scale for bass and other fishing tournaments; and
  • Sober Grid, which is building a social networking app that allows recovering alcoholics to connect to share healthy interactions among a confidential community of like minded persons.
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Good Technology: Beacon Angels’ Fleeting Tech Unicorn.

Good Technology: Beacon Angels’ Fleeting Tech Unicorn.

A ‘Unicorn’ is a still private tech company whose market cap is estimated to exceed $1 billion. [1] Recently, there were at least 124 of them.[2] Beacon’s own, Good Technology showed up unicorn number 96 out of 120 on the Fortune Magazine unicorn list last August with a $1.15B estimated valuation.[3] So, it came as somewhat of a let down when Good made the announcement, buttressed by two valuation opinions and an extensive company analysis and mea culpa, that Blackberry was making a strategic acquisition of Good for the somewhat unmagical price of $425MM. My initial disappointment was soon tempered by the realization that, of the five groups of stockholders set to receive this compensation, Beacon fell into one whereby, should the sale be finalized, it will receive high payouts relative to certain other investor groups.

Beacon acquired its ‘Good’ stock in four investment rounds from 2009 through 2012 into Sumooh, Inc., a Massachusetts storage software startup founded by Puneesh Chaudhry, a former EMC employee. Sumooh, which later changed its name to Copiun, addressed the ‘pain point’ that, with e-mail and the influx of large numbers of remotely operated computers into company networks—laptops, Blackberries and the like (remember when ‘Blackberry’ was virtually synonymous with ‘smartphone?’)—much duplicative company data were being stored pointlessly: E-mail ‘strings’ grew fractally through the inclusion of copies of all preceding e-mails, and company documents repeated bulky logo image files endlessly, requiring a huge amounts of extra storage. Sumooh/Copiun pitched the attractively simple proposition that it had already developed, and would sell a service to companies on an enterprise basis, where duplicative files would be stored just once, saving hardware and networking costs.

Although Copiun enjoyed initial success with a few large enterprise sales, the startup marketplace apparently deemed their service more attractive if sold on an OEM basis. Good Technology, which had been in existence since 1996 in several guises, determined to add Copiun’s technology to its mobile device management systems. So, in September 2012 Good bought our little company using a new series of B-2 preferred stock at a valuation for Copiun of $28M, and for Good of $487M—so Good was not yet a unicorn. This represented an average, unrealized IRR, for all of the four Copiun rounds in which Beacon participated, of 4.32X.

Using a modest conversion ratio to even things up for the relative valuations, Good gave Copiun’s preferred stockholders a series of preferred shares with a price per share, and matching liquidation preference of $4.92. Good must have been on a roll then because by inference from the preference size accorded in the preceding round, Good’s prior investors apparently had valued Good at nearly a five times lower pre-money amount.

As it turned out, the price of Good’s sale to Blackberry will fall below Good’s September 2012 valuation when they acquired Copiun. But here’s the thing: Liquidation preferences can be very protective of serious investors putting cash into startup companies in a down round. Furthermore, the issuance of new preferred stock in an acquisition locks in the valuation of the acquisition for the company being acquired. So, apart from the fact that it never really was a tech unicorn, Good’s acquisition of Copiun, as it happened, locked in our own valuation to a certain extent, derisking our investment into Copiun somewhat—even as Beacon acquired a whole new set of risks in Good.

Given that the sale to Blackberry will fall below our liquidation preference net net, Beacon Angels can cry all the way to the bank. If the sale actually goes through and the 15% escrow amount is released in full two years from closing, Beacon will realize a return on its investment of over 3.7X—not bad for an investment in a company whose initial revenues were halting, problematic, and dependent upon a small number of large customers.

-William F. Swiggart, Esq., Manager, Beacon Angels

[1] Aileen Lee, of Cowboy Ventures, popularized the term to mean a tech companies, public and private, started since 2003 via a comprehensive Techcrunch article in November 2013. She listed 37 of them, in existence at the time. By her July 2015 follow up, the list had grown to 84, mostly through valuation increases.

[2]Companies valued at $1 billion or more by venture-capital firms,” Valuations as of October 2015. http://graphics.wsj.com/billion-dollar-club/.

[3] “The Unicorn List,” number 96 out of 120.

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Beacon Angels 2014 Meeting Archive

The following were the 2014 Beacon Angels Meetings, listed in reverse chronological order:

Presenters to Beacon’s meeting on November 11th, 2014:

  • Personal Remedies – presents individualized nutrition-focused health apps for chronic conditions and multiple chronic conditions. These enable healthcare providers to improve care and lower costs.
  • Sleep Secure – has developed a smaller and more portable device than the CPAP machine to control snoring and obstructive sleep apnea. Sleep Secure’s wearable, Bluetooth-enabled sensor pod will be offered to consumers on a subscription basis.
  • Fraen Mechatronics, which, a year ago presented to Beacon a plan to manufacture and sell a patented actuator for turbocharged automobile engines, is returning for an update.

Presenters to Beacon’s meeting on September 9th:

  • Ask Beatrice, a software service that will digitize street-level data points like traffic signs, meters, and business locations. Beatrice’s software can personalize data points for a variety of applications, and
  • Parsagen Diagnostic.

Presenters to Beacon’s meeting on July 8th:

  • Using a combination of software and human instruction, Testive offers a service to help students to prepare for standardized tests.
  • Galaxy Scientific offers portable, high performance, spectroscopic analysis tools that enable scientists to analyze materials qualitatively or quantitatively outside the laboratory at point-of-need.

Presenters for Beacon’s meeting on June 10th:

  • Elucid Bioimaging is a revenue stage company that develops quantitative radiology image analysis software and services. With FY12 revenues having reached seven figures, the company is now developing its vasuCAP software to quantitate atherosclerotic plaque parameters urgently requested by clinicians to change treatment and to provide a marker for drug development. The company has begun sales on a “one-click” basis, and is widening its offering from that base.
  • First Light intends its novel diagnostic products–which have been developed under $11m of grant funding–to be the first to afford all hospitals with rapid, automated testing to prevent deadly hospital infections, with the aim of saving lives and money for hospitals and payers. The company follows a razor-razorblade revenue model that rests on high-margin high-volume consumable sales to hospital clinical microbiology labs and reference labs. Its consumables will be 1/3 the price of today’s best selling rapid tests.

Presenters for Beacon’s Meeting on March 11:

  • Quad Technologies developed QuickGel™, a hydro gel technology that can separate stem cells from human blood more effectively and cost effectively than other current stem cell separation techniques. The market for stem cell technologies was $26.2b in 2011 and is projected to grow to more than $100b by 2018.
  • Amylon is developing a treatment for mild to moderate forms of Alzheimer’s Disease. Amylon received a significant grant in 2010 and seeks funding to both finish developing its drug, and begin preclinical studies.

Presenters for Beacon’s meeting on February 11:

  • Splashscore is developing a platform for companies to capture, promote and manage brand advocates on Facebook. Splashscore now has revenue, advocates, and a reach of 72 million Facebook “friends.”
  • TransformOne offers a cloud-based management system that helps customers in the pharmaceutical industry to centralize and manage clinical and operational data from clinical trials into one platform. TransformOne’s platform can shorten trial times by weeks and potentially save hundreds of thousands of dollars per trial.

Presenters for Beacon’s Meeting on January 14:

  • Blu-Bin, Inc. will provide brick-and-mortar 3D printing services to retail customers, utilizing a Web platform to receive designs and convert them into a 3D printing format. Customers will then pick up their prototypes at nearby locations.
  • Alden Computer Transport Systems (“ACTS”) is designing an automated platform to collect and deliver passengers to airports, businesses, universities, and hospitals. ACTS is currently in the process of developing a working relationship with Boston’s Logan Airport.
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Beacon Angels 2013 Meeting Archive

Announcing presenters for Beacon’s meeting on December 10, 2013:

  • Etiometry is developing an analytic platform to improve patient care in Intensive Care Units. Utilizing existing technology, Etiometry can provide real-time and actionable data to help healthcare providers improve the efficiency of patient flow.
  • PreApps is an “app” development tool that helps developers solicit feedback and develop market traction even before any public release. PreApps’ current customers include Microsoft and Samsung.

Announcing presenters for Beacon’s meeting on November 12, 2013:

  • Tripzon developed a cloud-based travel management service targeted toward travel industry professionals. Tripzon’s service may reduce industry search time from several days to thirty minutes.
  • Rifinity developed an analytics-based platform to track and optimize office space for enterprises. Rifinity’s platform may increase efficiency and improve employee workflow.

Announcing presenters for Beacon’s meeting on October 8, 2013:

  • Thompson CSI – has developed a device-based solution that would enable physicians to use hypothermia to treat spinal cord injuries. The members of Thompson’s team previously have helped to bring more than ten FDA-compliant spinal products to market.
  • Cellanyx Diagnostics – is developing a diagnostic platform to aid in the detection of epithelial cancers, with prostate cancer as its first implementation. Cellanyx’s approach would supplement the Gleason score to reduce the ambiguity that is inherent in the current prostate cancer detection regime.

Announcing presenters for Beacon’s Meeting on September 10, 2013:

  • Energy Harvesters – created a device that is capable of charging portable electronics from the energy created by walking. Harvesters already has several rounds of prototypes, and strategic relationships with OEM manufacturers.
  • Fraen Mechatronics – is developing a high-performance torque motor that enhances vehicle engine efficiency. With more than a decade of experience in the high-performance motor industry, Fraen’s principals are now focusing their energy on forthcoming environmental regulation, and this engine is a result.

Announcing presenters for Beacon’s meeting on July 9, 2013:

  • MyChoice– has hardware intended to enable users to block potentially offensive commercials that are broadcast during live sporting events. MyChoice offers its solution to families with young children that enjoys watching sports together.
  • Common Sensing– offers a “pen cap” to enable insulin pens to log dose information and wirelessly synchronize the data with mobile devices. Common Sensing’s sytem is intended to provide a data stream to enable healthcare professionals to analyze patients’ treatment efficacy, and to enable more care for insulin users.

Beacon presentations on June 11, 2013, included:

  • Recroup, an early-stage company developing a hiring platform that assists employers to evaluate employment candidates by accessing data from social media.
  • Sabik Medical, a biotechnology startup engineering a powerful new technology for the diagnosis, staging and treatment of cancers through its proprietary technology.

Beacon Presenters on Tuesday, Jan. 8th, 2013 will be:

  • Collabor, which offers its CLM to help increase customer lifetime value, providing the missing link between CRM and Customer Service to effectively grow existing customers; and
  • Newfield Design, which is seeking growth capital to hire engineers to further develop its Expandable Radio Control System (ERCS), which gives plug-and-play interoperability to Land Mobile Radio networks.
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Beacon Angels 2012 Meeting Archive

Beacon Presenters on Tuesday, Dec. 11th, 2012 were:

  • Vaxess Technologies, which employs a unique, silk based method to preserve vaccines indefinitely at room temperature; and
  • Purpose Energy, which offers a treatment solution on a pallet to derive energy from brewing and other food waste.

Our Presenters Tuesday Nov. 13th, 2012 were:

  • Pragya Systems, a development stage company whose technology will allow instructors and students to simplify and accelerate college course development;
  • Aquabotix, which sells the HydroView,™ a user-controlled underwater inspectional vehicle for the recreational marine, marine construction, public-water suppl, first responder and environmental monitoring markets; and
  • Sialix, which is developing a cancer therapeutic for ovarian, breast, colon and other solid tumors, and an anti-inflammatory nutritional supplement to combat red-meat associated inflammation caused by the incorporation of non-human sialic acids into human tissue.

The presenter at Beacon Angels’ October 9, 2012 meeting was:

  • Grove Street Technologies, which aims to save US households thousands by supplying efficient, combined heat/power systems.

Wednesday, October 3, 2012 – 12:33 PM

Beacon has just completed a follow on investment round in its portfolio company, Crimson Hexagon. Watch for its logo in connection with trend analyses on TV, especially CNN, of the upcoming presidential election.

Thursday, September 13, 2012 – 12:16 PM

Beacon Portfolio company Copiun, Inc. is in the process of being acquired lock stock and barrel by pre-IPO VISTO Corporation, d/b/a Good Technology, of Sunnyvale, CA. Copiun’s Marlboro, Mass., headquarters will continue as Good’s east coast office. Some details here.

Thursday, September 13, 2012 – 12:05 PM

Beacon Angels in the news: Slater, others make $525K investment in MoFuse

Mass High Tech

 from Slater Technology Fund, an early-stage fund backed by the state of Rhode Island; Beacon Angels; Angel Street Capital and Cherrystone Angel Group

Friday, July 6, 2012 – 2:47 PM

Beacon Angels participated in a $3MM follow-on investment round in debt convertible to the Series B preferred stock of Avaxia Biologics, of Lexington, Mass., a biotech company that refines easily tolerated therapeutics from colostrum produced by immunized dairy cows.

Tuesday, May 22, 2012 – 1:31 PM

Richard Noyes participated in the “speed dating” of 20 or so start-ups in the Betaspring Incubator of Providence, Rhode Island in February 2012. He attended the follow-up “first look” in April to look at the progress of the ventures.

Friday, May 18, 2012 – 1:35 PM

In May 2012, Richard Noyes helped judge an Entrepreneurship course competition at Babson College in which eight teams of MBA students pitched a term project.

Friday, May 18, 2012 – 1:33 PM

Beacon Angels’ Richard Noyes delivered the presentation: “How Much is Too Little or Too Much to Ask For” to start-ups at the Enterprise Center at Salem State College in April 2012.

Friday, May 18, 2012 – 1:31 PM

Beacon Angels’ Richard Noyes served as a judge in the “Piranha Pond Pitch Party”, where start-up companies pitched to angel groups and venture capitalists at the Enterprise Center at Salem State College in February 2012.

Wednesday, May 2, 2012 – 9:34 AM

Beacon Angels participated in a $775,000 extension round for SepSensor, Inc. that closed April 20, 2012.

Wednesday, April 4, 2012 – 5:26 PM

Beacon Angels’ William F. Swiggart, Daniel Von Kohorn and Norman Meisner participated in the Boston VC and Angel Showcase on April 26, 2012.

Tuesday, February 14, 2012 – 12:15 PM

Beacon Angels is currently in due diligence for a follow-on, bridge round financing of Providence-based MoFuse, Inc., a vendor to small and medium sized businesses of Web sites specially sized for mobile phones and smartphones.

Tuesday, February 14, 2012 – 12:11 PM

Beacon Angels recently participated in a $4.1MM Series A financing round with start-up company Avaxia Biologics, Inc. along with other angel groups, including Cherrystone Angels, Boston Harbor Angels, Launchpad, North Country, Mass Medical Angels and individual angels.

Wednesday, February 1, 2012 – 2:46 PM

Beacon Angels recently closed an extension investment round with Pixability, a company that helps companies manage and display video promotions on the Internet.

Wednesday, January 4, 2012 – 10:49 AM

In December 2011, Beacon Angels closed an extension of its original round with portfolio company, Innerpass, Inc., which recently introduced its new file sharing and synchronization service, Groupmix™, which offers users a greatly enhanced ability to create and manage work groups on-line.

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Beacon Angels 2011 News Archive

Friday, September 30, 2011 – 9:46 AM

Beacon Angels is currently participating pro rata to its prior investments in a $1.5M follow-on, Series C investment round in portfolio company, Boston Heart Diagnostics.

Monday, September 12, 2011 – 2:52 PM

In July, Beacon participated pro rata in a $1 million extension of the Series A-1 round in Copiun, Inc.of Copiun, a portfolio company that offers enterprise data storage solutions.

Wednesday, August 31, 2011 – 2:14 PM

Angels really did fill the “financing gap” here and elsewhere, and continue to do so. See http://www.theatlantic.com/business/archive/2011/08/who-saved-silicon-valley-angels-of-course/243983/ for details.

Friday, June 17, 2011 – 12:01 PM

Beacon Angels is currently conducting due diligence in InfoBionic, a medical devices company that is creating a single platform and solution for comprehensive remote physiological monitoring with a focus on arrhythmia detection. InfoBionic recently won the Piranha Pond competition hosted by 128 Innovation Capital Group.

Friday, June 17, 2011 – 12:01 PM

Beacon Angels is currently conducting due diligence in Cytosolve, an in-silico drug development company offering a new paradigm for drug development.

Friday, June 17, 2011 – 12:01 PM

Beacon Angels is currently conducting due diligence in Abroad 101, a web site that provides user-generated reviews of study abroad programs for students and universities.

Tuesday, June 7, 2011 – 4:14 PM

Beacon Angels is currently conducting due diligence in VoiceFriend, which provides commincations management services to elder communities.

Wednesday, May 4, 2011 – 3:21 PM

Beacon Angels congratulates Jean Hammond and other Boston area angels on the successful IPO of Zipcar, Inc. (ZIP on NASDAQ: Out at 18, peaked at 29; holding at 24. Could become the Netflix of car rentals.

Thursday, April 7, 2011 – 2:49 PM

Observations from this week’s national ACA Summit in Cambridge, Mass.:

  • Kendall Sq. is looking terrific as a place to work (in biotech) or go to school (at MIT);
  • Whilst the same ACA member-managers show up every year, it’s the individual investors that add the savor to the ACA soup;
  • Locally based angels go up to the microphone the most;
  • Valley-based angels do the most bragging, regardless of where the conference is held;
  • Midwestern angels express a great deal of pride about their state’s angel scene–when the conference is held in the Midwest;
  • Boston/New England angels are pretty good about neither bragging nor complaining, but we certainly did talk up SmartCells;
  • Canadian angels keep a relatively low profile, unless they’re from Vancouver;
  • The ACA has been around long enough for its members to report on their own favorite exits;
  • Comprehensive, reliable statistics about angels’ successes or lack thereof, are still unavailable;
  • SmartCells’ exit raised the bar for pre-clinical drug exits from $20m to $100m (but not to $500m);
  • If the SmartCells milestones prove to be golden, its Boston angels’ multiples will surpass those of the Valley’s angels without the need for a messy IPO;
  • Some messy, angel backed IPOs certainly would be nice to have in Boston/New England.

Wednesday, March 30, 2011 – 4:34 PM

Some of us will be attending the annual Summit of the Angel Capital Association, which will be held in Boston next week, April 4-6, at the Boston Marriot Cambridge. Here is the complete agenda.

Thursday, March 10, 2011 – 2:16 PM

Beacon Members Bill Swiggart, Norm Meisner and Richard Noyes conducted the panel discussion: “Beacon Angels – How We Do What We Do – Stories from the Trenches” before the Rt. 128 Innovation Capital Group at the IBM Innovation Center. http://ow.ly/4bUj9

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