Macromedia founder and Accel Partners venture development team member Bud Colligan has teamed up with 19 other technology angel investors to form the Central Coast Angels, a group that means to further develop the ecosystem for new companies in technology, food, farm tech, genome bioinformatics, marine science and recreation. The CCA plans to consider investments recommended by its members and expects to have its website running early next year.
Colligan, a Santa Cruz resident, told Santa Cruz Tech Beat of his desire to enhance the opportunities for startups in the Central Coast area. The CCA plans to build on the ecosystem efforts already underway by such organizations as the gathering spot Santa Cruz TechRaising, Santa Cruz New Tech meetup and the technology news digest Santa Cruz Tech Beat.
In addition, there’s SLO Seed Ventures, which invests in startups in San Luis Obispo County. Since SLO syndicates with other angel groups, it wouldn’t be surprising if at some point it meets up with the CCA.
[Update: Colligan was interviewed by the Santa Cruz Tech Beat regarding CCA. An earlier version of the story attributed his comments to another publication]
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