The end of 2011 marked the close of an active year for the Dingman Center for Entrepreneurship at the University of Maryland’s Robert H. Smith School of Business and its Dingman Center Angels investor network. In the past year, members invested in eight regional companies, making 2011 the network’s most active year since its founding in 2004. Investments included Brazen Careerist, CirrusWorks, Nexercise, SevaCall, Spinnakr, Spotflux, Veenome, and YouEye.
“Dingman Center Angels’ investment activity pipeline of high quality companies and growth in membership illustrates the renaissance of entrepreneurial activity and investment in this region,” said Elana Fine, Dingman Center’s director of venture investments. “This past year, our angels invested in innovative companies, including Veenome and SevaCall, that understand their target customer and have developed clear and thoughtful go-to-market strategies.”