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FLOODGATE - Description and Overview

Floodgate (formerly Maples Investments) is a ''Super Angel'' firm led by Mike Maples Jr. The fund's size is $73.5 million. Maples is known for his early investments in Digg and Twitter. The firm was rebranded from Maples Investments to Floodgate in March 2010.

Floodgate aims to offer a fundraising approach that bridges the gap between initial seed money from traditional angel investors and the larger rounds that characterize traditional venture capital rounds.

In terms of investment size, Floodgate focuses on investments between $150,000 to $1,000,000. They generally invest alongside other angels or venture capital firms.

From an industry perspective, Floodgate seeks technology ventures in the following areas: hardware, software, small business, enterprise, Internet, B2B and consumer markets. They look for capital efficient companies.

Geographically, Floodgate seeks to invest in firms that are geographically based in the San Francisco Bay Area (California) or in Austin, Texas.


More detailed information and downloadable data for Floodgate including their entire portfolio, amounts invested and industry focus areas is available at CB Insights.