“The BitAngels Fund I officially closed with just over 10,000 BTC raised in total. At a valuation of $4.6m at press time, BitAngels’s new fund has collected a substantial amount of capital – all of which will be invested in companies working with the technology of the bitcoin protocol and block chain.  In just under one year, BitAngels has grown its membership to more than 400 angel investors who live all around the world.  Terpin credits the growing interest from credible venture capital firms as one factor that helped grow BitAngels’ membership. The group has quickly become one of the largest angel groups across any industry.”

http://www.coindesk.com/bitangels-closes-10000-btc-fund-decentralised-applications/

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