OEN News12 Companies to Proceed to Next Round in OEN’s Angel Oregon Spring 2014 Investment Term

OEN's Angel OregonTwelve companies have made the second round in OEN’s Angel Oregon Spring 2014 Investment Term and will proceed to compete in the semi-finalist round.

Hailing from Portland, Hillsboro, Bend, Wilsonville, Hood River, and Vancouver (WA), the companies represent a wide range of sectors—including media and entertainment, internet/web services, consumer products, software, clean technology, medical devices, and electronics/instrumentation.

From a record number of 57 applications, 12 companies have survived two rounds of presentations to OEN’s Angel Oregon investors. On March 17, up to six semifinalists will compete to be one of three finalists selected to contend for the investment award. The winner will be announced on April 7.

The three finalists from our Spring Term will go on to present at OEN’s Angel Oregon Spring 2014 Showcase at The Sentinel Hotel (formerly The Governor) on April 16, along with 12 other entrepreneurs representing the state’s most exciting, innovative, early-stage companies.

The 12 companies currently in the running for our Spring Investment Term award are as follows:

Arria Live Media (Hillsboro / Media & Entertainment)
“Arria Live Media makes professional audio systems intelligent, eliminating expensive hardware and reducing complexity.”

CrowdStreet (Portland / Internet & Web Services)
“A crowdfunding platform connecting accredited investors with high quality, professionally managed investment real estate.”

Drink Tanks Corporation (Bend / Consumer Products)
“Drink Tanks is the perfect growler and personal keg. Craft Beer enthusiasts and beer lovers alike never have to drink flat or warm beer again!”

 Droplr (Bend / Software)
“Droplr is ending the business file-sharing crisis through our simple ‘File to URL’ sharing platform.”

 Energy Storage Systems Inc. (Portland / Clean Technology)
“Energy Storage Systems Inc. is developing a safe, cost-effective, reliable and environmentally friendly all-Iron flow battery technology.”

HoneyComb Corporation (Wilsonville / Software)
“We make farming more efficient & productive using drones.”

Medrock (Medrock / Medical Devices & Equipment)
“Medical device to relieve pain and extend the time to hip replacement for osteoarthritis of the hip patients.”

Nouvola (Portland / Software)
“Nouvola offers a disruptive performance analytics solution to help applications scale in the cloud, tapping the $200B cloud services market .”

Outdoor Project (Portland / Internet & Web Services)
“Find Your Adventure.”

PerceivIt (Hood River / Electronics & Instrumentation)
“We make Internet-connected sensor solutions to add real-time field data to business software for increased operational insight & efficiency.”

Rising Tide Innovations (Portland / Software)
“Software for corporations and professionals that operate commercial drones. Solving worldwide regulatory compliance and CRM.”

Trek Global (Vancouver, WA / Software)
“Trek Global offers business software that streamlines order management, inventory, and financials in a single online offering.”


About Angel Oregon:

Since 2005, 494 companies have applied to compete at Angel Oregon, and 84 were selected to present. In 2013, From 2005 until 2012, $2.3 million has been directly invested through OEN’s Angel Oregon LLC investment award and there have been three favorable exits. Additional investment has been made outside of the LLCs, and more than 740 jobs have been created. Learn more.

Leave a Reply

Back to Top
Simple Share Buttons
Simple Share Buttons