Atlanta Technology Angels (ATA)


	The Atlanta Technology Angels (ATA) group meets once a month to evaluate investment opportunites...





	ATA Executive Director Knox Massey's periodic blog on Angel Investing.

ATA has invested in the following companies:

Connecture (Simply Health) (1999)

Connecture is a provider of integrated end-to-end web-based sales and service automation solutions to the insurance industry.

Servigistics (2000)

Servigistics is the leading provider of strategic service management solutions that enable companies to transform their service business operations and access new sources of revenue, profits, competitive differentiation and customer loyalty. Servigistics has a proven track record of delivering significant value to companies as diverse as Avaya, Eurocopter, Maytag, Rolls-Royce, Sun Microsystems, Toshiba Medical, Motorola, the United States Postal Service and Volvo.

Nexidia (2001)

Nexidia is a global provider of products and solutions that effectively transform unstructured multi-language audio-video content to valuable information and knowledge for government agencies and commercial businesses such as call centers, portal service providers, financial services, regulated enterprises, media companies and other vertical industries.

Invistics (2003)

Invistics provides innovative advanced planning and scheduling software that enables manufacturing companies to ship more products, on time, with lower inventory.

QCept Technologies (2003)

Qcept is the leader in the Non-Visual Residue (NVR) inspection category for surface chemical defects, delivering a new inspection capability with its patented ChemetriQ^® Inspection technology. ChemetriQ technology provides full wafer inspection for bare substrates, blanket films and patterned wafers. It detects Non-Visual Residues consisting of sub-monolayer levels of organic residues, trace-level metal contaminants and non-desired surface chemistries that lead to "yield killers" in sub-90nm semiconductor manufacturing.

Oversight Technologies (2003)

Oversight™ provides real-time monitoring of automated financial systems to detect, prevent and deter financial loss by identifying fraud, abuse and errors.

Jacket Micro Devices (2004)

JMD designs, produces and sells standard and custom RF Passive Components used in wireless communications products. They have developed breakthrough technology that provides dramatic improvements in the size, performance and cost of RF passives.

Asankya (2004)

Asankya Networks develops "grid network" systems that significantly improve the performance of any meshed network. Grid networking makes networks more efficient, resilient and secure, by highly leveraging the alternate paths that exist in most networks.

OpenSpan (2005)

OpenSpan provides a solution to the growing need for contact centers to integrate their applications in a way that is powerful, fast, flexible and scalable-but does not require heavy programming and extensive implementation services.

Calorie & Pulse Technologies (2005)

Calorie & Pulse Technologies, LLC is developing sports nutrition products and services based on teh research of Georgia State University's Dr. Dan Benardot. Dr. Benardot has been the sports nutritionist for several U.S. Olympic teams, professional sports teams, and elite athletes from all over the world.

TerraGo Technologies (2006)

TerraGo Technologies provides software and associated services which enhance the Adobe Acrobat and free Reader platform to become a robust geospatial application for the distribution and exchange of geospatial data both within and outside of an enterprise.

ZeeWise (2006)

ZeeWise provides a Franchise Performance Management Suite that collects, analyzes and communicates all aspects of a franchise concept, all the way down to the store level. Results are delivered through a web-based dashboard for review by the executive team. A series of add-on modules help leverage the aggregated data in many ways.

Aretta Communications, Inc. (2007)

Aretta Communications, Inc. is a leading provider of hosted communications services for small businesses. Founded in 2005 and based in Atlanta, Georgia, our core product offerings include hosted software IP-PBX’s based on the industry leading Asterisk open-source PBX application.

Pramana (2007)

A Georgia Tech spin-out developing HumanPresent™ Technology.

WebSingularity (2007)

PeoplePIM™ by WebSingularity merges contact databases, calendars and social profiles into one FREE, SECURE and PRIVATE ad-free web application enabling you to efficiently manage your network of people, groups and businesses.

AerovectRx Corporation (2008)

AerovectRx Corporation is an aerosol therapeutics company providing customized drug delivery solutions using the lung as the gateway for better health.

Global Crypto (2008)

Strong authentication provider GlobalCrypto is the only company to embed cryptographic information in a digital image of the user's choice, and exchange pieces of that image between a user and a Web application to accomplish strong, bi-directional multi-factor authentication.

Good Egg / Elf Island (2008)

Elf Island is the only virtual world that allows kids to Play Games, Do Good.^TM By introducing entertaining and competitive game-play, storytelling and social interaction, Elf Island empowers kids to make a positive difference in the real world.

Sentrinsic (2008)

Sentrinsic designs, manufactures, and sells comprehensive position sensing solutions to electromechanical and fluid power (hydraulic and pneumatic) actuator manufacturers for use in areas such as industrial automation, mobile equipment, robotics, and aerospace. The company's proprietary technology turns customers' moving parts directly into high performance sensing components.

SoloHealth (2008)

SoloHealth is positioned to capitalize on the growing consumer preference for self-directed health care services. The company's first product, EyeSiteT, is an automated vision-screening kiosk, which allows consumers to quickly and efficiently check their vision, without assistance.

Shotput Ventures (2009)

Shotput Ventures is a technology startup accelerator fund that focuses on capital-light web services companies and assists in the conception phase.

ATA Exits:

SilverPop (2000)	Warrants sold to outside investment fund (2008)
Silverpop is a provider of sales and customer communications software solutions designed to transform an enterprise's ability to communicate via email. Early angel investors in SilverPop were able to sell their common stock warrants to an outside investment group in 2008 for an approximate 3X return on their envestment. These angel investors still retain their respective preferred shares in the company.

Beacon Software (2004)	Acquired by FMB Bancshares (2007)
Beacon Software, Inc. is a leading developer of Internet banking technology for the financial services industry. Through their flagship product, Compass Internet Banking Platform, Beacon Software delivers a powerful online banking solution community bankers manage in-house.

Marketworks (2002)	Acquired by MediaGrif - Toronto MDF (2007)
Marketworks is the leading provider of online marketplace management software and services for high volume eBay merchants.

MarketVelocity (2001)	Acquired by Channel Advisor (2007)
MarketVelocity is a provider of complete solution for exchange and disposition of pre-owned IT assets such as notebooks, printers, desktop boxes and servers.

SPI Dynamics (2000)	Acquired by HP - NYSE: HPQ (2007)
SPI Dynamics provides software and services to help enterprises protect against the loss of confidential data through the web application layer. The company's DevInspect, QAInspect and WebInspect product lines, assesses the security of an organization's applications and web services, the most vulnerable yet least secure IT infrastructure component.

Invirtus (2006)	Acquired (2007)
Invirtus, a Delaware Corporation, pioneered the technology credited with reducing the size of virtual machines and continues to lead the development of technologies that assist with the management of virtualization technologies.

Proficient Systems (2000)	Acquired by LivePerson - Nasdaq: LPSN (2006)
Proficient is a leading enterprise software company that develops solutions enabling companies to increase revenue and sales productivity.

Vocalocity (2002)	Acquired by ZivVa Holdings, Inc. (2006)
Vocalocity is a Software Infrastructure Company focused on delivering business solutions for the automated telephone services market using next-generation offerings, such as Advanced Speech Recognition, Text-to-Speech and VoiceXML.

Fortel (2003)	Acquired by QuStream - TSX: QVC (2005)
Fortel DTV is a signal processing technology company that has raised the bar and set a new standard for digital video quality in the television and video production industries.

RF Solutions, Inc. (2000)	Acquired by Anadigics - Nasdaq: ANAD (2003)
RF Solutions is an industry-leading multi-band, multi-standard RFIC company offering a family of high-performance front-end products for the WLAN market.