Angel Investing enabling start-up companies

Former Sun Microsystems exec Sue Kunz and her new startup, Solidware Technologies have received funding from Colorado's CTEK Angels, bringing the company's total investments received to $425,000.

According to the Denver Business Journal, Solidware has a funding goal of $1 million, so it sounds like there's an opportunity for other agels to participate.  Solid management team, other angels are already involved, cool technology ... Could be fun.

CTEK is quietly becoming one of the most active angel groups in the country.  The group claims to have invested over $5 million in 17 companies during its first three years of existence.  Not bad, considering the fact that 63% of angel groups didn't make an investment in 2005 (a miserable fact that I'll address in a future blog post).