Saturday, December 15, 2012

Exo Labs Winner of 2nd Seattle Angel Conference December 2012 Investment Competition

Exo Labs Receives $100,000 Investment

SEATTLE, WA. – Dec 13, 2012 — The Seattle Angel Conference announced today that Exo Labs was selected as the winner of its second investment competition, held in Seattle, WA  at the HUB, a co-working and event space. The Bellevue-based Company makes iPad and iPhone microscopes for science education and beyond, making life easier for teachers and researchers. The Exo Labs Digital Microscope is targeted at K-12 education, providing a quick integration into existing curriculum, and allowing remote sharing of live microscopic images.  

Exo Labs will receive the $100,000 angel award investment prize.  Talk to the Manager, a startup focused on providing a customer service tool that allows managers to receive and respond to immediate, anonymous customer feedback via text messages won the "People's Choice Award", as the winner of audience balloting for the best business presentation.

"We are excited to bring a spotlight on the breadth and depth of Washington startups, and to expose these entrepreneurs to new and experienced angel investors from around the Pacific Northwest," said John Sechrest, founder of the Seattle Angel Conference.   "The quality of the business plans, and the strong support from the investor community show how vibrant the entrepreneurial economy is here.  We are excited to be providing a venue for Angels to develop their skills, and at the same time, help promising startups find their own angel investors .

This year's finalist companies were selected from over 30 companies based throughout Washington that applied to compete at the second Seattle Angel Conference. A rigorous selection process was undertaken by the 20+ member panel of active angel investors to select the winning company. Each investor staked $5,000 to create the $100,000 investment award for this year's event. This was the second Seattle Angel Conference, and the event has shown strong growth in participation, investment, and innovation.   The next Seattle Angel Conference will be held in April. 

About the Seattle Angel Conference

The Seattle Angel Conference is an investors conference, connecting early stage and seed businesses with angel and venture investors in the Seattle Area. Their mission is to encourage, accelerate and showcase startup companies in the Seattle areas and across Washington, and equally importantly, to introduce qualified investors to the potential, process and rewards of Angel Investing

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