Tuesday, October 26, 2010

Calacanis Boosts Riptano

Jason Calacanis, the CEO of Mahalo.com and well known angel investor, said today that he has invested in Riptano, the developer of the open source, Apache Cassandra online transaction database software. Calacanis joined Lightspeed Venture Partners, Sequoia Capital, Rackspace Hosting, and others as an investor in the firm. Calacanis, in his blog, said that he's the only angel that is invested in the deal, and that he brokered the introduction to Sequoia Capital. Riptano is based in Austin, Texas. Calacnis has been one of the more active angel investors in Southern California, particularly after he launched new angel investment group the Open Angel Forum last November. More information »

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