BLOOMFIELD
HILLS – Technology and Intellectual
Property law firm Young Basile is Great Lakes Angels’ newest sponsor.
Young Basile is the only Michigan-based law firm with offices
in Silicon Valley. Clients include software publishers, social media companies,
hardware manufacturers and service providers, ranging from start-ups to
industry leaders like Google, Netflix and Synopsys.
Young Basile unique is that they provide sophisticated
corporate and IP services in a small firm package at a small firm price.
Although best known as an IP firm, startups look to Young Basile as primary
outside counsel, handling day-to-day legal matters as well as financings and
exits.
The Great Lakes Angels is a nonprofit corporation. The
mission is to organize and mentor angel investors and provide a forum for them
to grow in knowledge and wealth and foster more of the same – to help invest in
entrepreneurial companies in the Region. GLA typically has numerous
“deals” presented, high-level content and quality speakers and
panelists on key issues of angel investing. Current “Angels” and high
net worth “potential Angels” can meet in a confidential and
educational environment to discover opportunities for mutual areas of
investment. Experts can be identified and shared to assist in due diligence on
technologies outside the individual’s own comfort zone and help transition
investors into new exciting technologies for the growth of companies in the
Region and their own personal portfolio.
The
next GLA meeting is scheduled for June 8. If you are a qualified investor,
email GLA President David Weaver [email protected]
In other GLA news, Arborlight has been added as a portfolio company. Arborlight presented to Great
Lakes Angels in February and was well received.GLA joins other investors such as Michigan Angel Fund, Invest Michigan
and Invest Detroit as additional investors. GLA is excited that so many fine
companies are finding their way to angel and other early stage funding in
Michigan.
“We
are thrilled members of the Great Lakes Angels have joined the round, enabling
Arborlight to ramp up its Michigan based production to deliver award winning
Daylight EmulationTM products to a swelling demand of commercial and
residential customers,� said CEO Michael Forbis.





