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Oregon Angel Fund closes largest round ever

August 2, 2009 /

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Despite a brutal environment for venture capital, the Oregon Angel Fund http://www.oen.org/programs_oaf.aspx has closed a $3 million fund, its largest ever.

The three-year-old fund gets half its cash from individual angel investors.

The other half comes from the Oregon Growth Account, which invests a fraction of state lottery proceeds in Oregon-committed venture funds.

by Erik Siemers Business Journal staff writer

Full Story: http://www.bizjournals.com/portland/stories/2009/08/03/story5.html?ana=from_rss

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