It’s always nice to have your investors highlighting the fact that that they’re putting money into your company.
And that’s why it was great to see the Keiretsu Forum Northwest championing their investment in a couple of Oregon tech startups, 4-tell and CrowdCompass.
“In has been a banner year for Keiretsu Forum Northwest,” said Nathan McDonald, President of Keiretsu Forum Northwest, in a press release. “We are pleased to be steadily growing our membership and due diligence resources to provide vital funding to growing companies.”
Portland Seed Fund alum 4-tell and Portland startup CrowdCompass were among those mentioned in the press release.
Technology companies received 30% of the funding, real estate funds received 38%, consumer/retail received 16%, alternative investment funds received 11% and life sciences the remaining four percent. Keiretsu Forum Northwest now has facilitated over $89 million for 149 companies since founding the first northwest chapter in the fall of 2005. The organization has also seen membership growth with 78 new members added in the northwest chapters during 2011.
For more information, visit Keiretsu Forum Northwest.
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What they really mean to say is that they suckered more people into paying to get in front of them.
People are still going through Keiretsu? I figured Jason Calacanis has sufficiently tarnished their image after his crusade against them for their pay-to-pitch model last year.