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.