Katten Muchin Rosenman Represents Tech Coast Angels in $1 Million +Series A-1 Funding of Make It Work, Inc.
November 15, 2005
LOS ANGELES - The law firm of Katten Muchin Rosenman LLP is pleased to have served as legal counsel to Tech Coast Angels, the largest angel network in the United States and the number one source of early stage funding in Southern California, in its recent $1 million-plus Series A-1 funding of Make It Work Inc., a Santa Barbara, Calif.-based neighborhood computer support company. Tech Coast Angel’s funding will enable Make It Work to expand its business model by hiring, training and retaining its team of highly personable and capable technicians; enhancing its customer response center; and improving internal processes and systems.
"We are pleased to help Southern California’s top source of early stage funding to complete this important investment, which is the largest in the group’s history," said Eric A. Klein, counsel for Tech Coast Angels and partner and co-chair of the Firm’s West Coast Corporate Practice in Los Angeles. Associate Caitlin Wheeler also worked on the deal for the Firm.
The deal, which was closed on October 25, 2005, was funded by Tech Coast Angels members in all four of its Southern California networks, Los Angeles, Orange County, San Diego and Westlake/Santa Barbara.
Tech Coast Angels members provide seed and early-stage capital in the range of $250,000 to $2 million, an investment range not generally served by venture capital firms. Since 1997, its members have invested over $62 million in nearly 100 Southern California companies, together with $625 million from venture capital co-investors. Its members are founders, CEO's, venture capitalists and business leaders who have funded and built world-class companies. Tech Coast Angels mentors and coaches, serves on their boards, provides contacts, and assists with team building, strategic planning and fundraising.
Make It Work is the Neighborhood Computer Support Company™, serving all coastal counties from Santa Barbara to San Diego, with further expansion plans underway. The company provides exemplary computer services to home computer users, really small businesses, and the mobile workforce, with a focus on achieving 100% delight from every customer it serves. MIW Customer Service Technicians and Customer Response Representatives are very personable, highly capable and speak plain English. The company has established a fleet of red/white Mini Coopers emblazoned with the company logo. The company's services include everything from PCs and Macs to home theater and the integration of these emerging technologies in today's home.