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The Venture Codex

Auburn Angel Network

2124 Moores Mill Road Suite 230A, Auburn, AL, United States

Overview

Auburn Angel Network provides funding and networking opportunities to companies from diverse sectors.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • AvaLAN Wireless Systems

    Participated · Series B · Apr 2012

    AvaLAN Wireless Systems develops and manufactures long-range industrial wireless radio technology. Its products are designed to enable affordable wireless connections in perimeter or remote locations and include Ethernet bridge products and point-to-multipoint wireless networking equipment. The company specializes in the unlicensed 900 MHz, 2.4 GHz and 5.8 GHz radio bands. AvaLAN plans to use the Series B proceeds to accelerate growth into new markets and to develop new products. Founded in 2004 and led by CEO Matt Nelson, the company is based in Madison, Alabama, with remote offices in California and Canada. The company raised over $700k in the Series B round to support its expansion.

  • Verdeeco

    Participated · Series A · Jul 2011

    Verdeeco provides a cloud-based platform for data aggregation and advanced analytics applications to help electric, gas and water utilities deploy smart grid capabilities at scale. The company aims to reduce operational costs, increase service reliability, boost customer satisfaction and drive efficiency through its analytics. Verdeeco intends to use the funds to facilitate growth and adoption of its cloud-based utility data solution. Founded in 2009 by CEO Musaddeq Khan (MK), the company is based in Atlanta, GA and is accelerating within the Georgia Tech Advanced Technology Development Center (ATDC). It has been working with a focused group of utilities to aggregate and analyze data and apply resulting intelligence to improve business decisions. In conjunction with the funding, Jim Stratigos, Virginia Persons and Mike Eckert joined Verdeeco’s board.

Team

No current team members are available.