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Angel investors giving blessings to more companies from Colorado

After years of inactivity, angel investors are once flexing their wings in Colorado.

"So far this year I’ve done five angel-financed companies," said Michael Platt, an attorney at Cooley Godward LLP, a Broomfield law firm, who frequently works with fledgling technology companies. "I probably did less than that all last year."

"I think investment has picked up considerably," said Jim Arkebauer, founder of Denver-based Venture Associates and co-chairman of the Rockies Venture Club. Although no hard data on deals exists, "I would say it’s twice the rate of a year ago," he said.

Denver Business Journal

Full Story: http://denver.bizjournals.com/denver/stories/2006/07/10/story1.html

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