Thursday, August 30, 2007

Sacramento Angels lead $1M investment into Visicon Inspection Technologies LLC in Napa.

Sacramento Angels lead $1M investment
Sacramento Business Journal - 4:34 PM PDT Wednesday, August 29, 2007
by Mark Anderson
Staff writer

The Sacramento Angels led a $1 million round investment into Visicon Inspection Technologies LLC in Napa.

Visicon develops highly specialized inspection systems for manufacturing companies ranging from medical stent producers to metal fabricators.

The Sacramento Angels invested with participation of The Angels Forum, the Sierra Angels and the Keiretsu Forum, a nationwide network of Angels, including many in Northern California.

Sacramento Angel member George Linscott will take a seat on Visicon's board of directors.

Visicon's testing equipment ranges from sensitive cameras to digital devices, as well as software to interpret and catch tiny defects. The company will use the money to expand in the medical area, where the market for small precision devices is growing.

The company has a patent pending on a linear-array camera that scans a surface and then generates a highly detailed magnification of a part. That can be used to create computer files for automatic detection of flaws.

The Sacramento Angels have invested in 27 companies over the past decade.

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