Four Hollywood Marketers Launch Investment Firm AngelVision
Founded by Ant Farm co-founders Barbara Glazer and Mike Greenfeld, Aspect Ratio co-founder Bob Israel and Creative Domain founder Albert Litewka, the company will invest in companies in the entertainment, marketing, advertising and technology fields.
NEW YORK - Four Hollywood marketing executives on Tuesday unveiled the launch of LA-based investment group AngelVision Investors, which will invest in startups and emerging growth-oriented companies in the entertainment, marketing, advertising and technology spaces.
The firm was founded by Ant Farm co-founders Barbara Glazer and Mike Greenfeld, Aspect Ratio co-founder Bob Israel and Creative Domain founder Albert Litewka. All principals built and sold their respective agencies, and they expect to bring their expertise to the table when working with companies that AngelVision invests in.
The company said the partners together with mergers and acquisitions specialist Lars Ekstrom are looking for companies that can also achieve "a well-defined market position, sustainable competitive advantage, profitability and scalability."
Target investments will range from $100,000 to $2.5 million. The group’s first investment is in SoliDDD Corp., a company that is working on the delivery of "truly lifelike 3D" without the need for glasses. Other investments are expected to be announced shortly.
"We are excited to announce the launch of our new company, which was designed to not only provide capital but also make available our collective years of experience and expertise,” the principals said. “We’re looking for people who are passionate about their work and seeking to take their businesses to the next level."