Ahalogy, a Cincinnati-based company, is being acquired in a transaction that returns value to local investors. The sale generates payouts for the North Coast Angel Fund, North Coast Venture Fund, and affiliated individual backers tied to the region.
StreamLink Software secures an additional **$2.6 million** in funding from **JumpStart Inc.** and **Silicon Valley Bank**, bringing its latest financing round to a total of **$10 million**. The round is led by **First Analysis** and **North Coast Venture Fund**, with participation from existing investors including **Hyde Park Venture Partners**, **Hyde Park Angels**, **Blu Venture Investors**, and **North Coast Angel Fund**. The company leverages the capital to advance its software solutions.
The Third Frontier Commission allocates approximately **$1.5 million** in funding to organizations in Northeast Ohio. **North Coast Venture Fund L.P.** in Mayfield Heights receives **$3.625 million** as part of the awards, though this exceeds the total mentioned. The grants support regional innovation and economic development initiatives.
Apr 2016 · LinkedInNews article
North Coast Venture Fund
It is a Northeast Ohio venture capital fund, part of North Coast Ventures. It invests in B2B software companies in Northeast Ohio at the late incubation stage. It is an investor in business-to-business software in that regional market.
