Angels by the Sea Announces Latest Round of Investments

Santa Cruz, CA 5, September, 2016 — Angels by the Sea announced the latest round of investments by their members in 3 ventures including InBoard, LifeAid, and Snap EDA and have 3 more under review. According to Judy Owen, Angels by the Sea co-founder and President, “We're very excited to have the opportunity to work with and invest in these outstanding companies.” “These new companies demonstrate the strength of our central coast area as a center for entrepreneurial activity.”

These 3 companies represent the first round of investments made by members from a pool of over 20 different companies. Angels by the Sea members had the opportunity to hear presentations from these companies over the last 9 months and then work together and share expertise in closely evaluating each company's potential, viability and strengths. Additionally, a number of members have also been working directly with the portfolio companies, sharing technical, marketing and executive experience. According organization co-founder Jason Book, “the collaboration among our members as well as with the entrepreneurs is a unique strength of our angel group.”

The most recent investment round by Angels by the Sea includes:

InBoard (www.inboardtechnology.com) – InBoard is an innovative electric skateboard company which incorporates unique in-wheel motors. Their award winning product, the M1™ Electric Skateboard. is transforming not only how an electric skateboard works, but how it feels. Their technology introduces riders to a whole new experience.

LifeAID (www.lifeaidbevco.com) - LifeAID produces 5 specially-formulated low-sugar, all natural, gluten-free formula high-value natural supplement beverages, as well as a protein/carb food pouch, each designed to boost performance and speed recovery for people pursuing active healthy lifestyles.

SnapEDA (www.snapeda.com) – SnapEDA is the developer of an innovative on-line CAD library and platform that manages electronics CAD data for electronics engineers and PCB designers. The platform provides free and premium access to over 100,000 PCB footprints and schematic symbols as well as millions of orderable parts, data sheets, specs, pricing, and availability. The platform also features the ability to export to all major design tools.