The angel funding organization HALO Investor Group has passed the $20 million mark for investments in Hoosier tech startups over the past five years.
HALO reached the milestone after pumping nearly $1.5 million in the first half of 2014 into mobile app developer Bluebridge Digital, contract-research firm AIT Bioscience, threat-intelligence firm Emerging Threats and sales-automation software firm TinderBox.
HALO Investor Group brings together successful entrepreneurs, executives and investors with Indiana’s most promising tech startups. Investments typically range from $500,000 to $1 million.
“What makes HALO special is the opportunity it affords entrepreneurs to get a fairly significant amount of capital from really experienced individuals who can help their businesses grow,” said Mike Langellier, CEO of TechPoint and managing director of HALO Investor Group.