Philadelphia-based VC Group invests in an e-business

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Angel investors fund new photo service – Philadelphia Business Journal:

Preclick Corp. said Thursday it has closed on a $1.6 million first-round, venture-capital financing and is using the money to launch an Internet photo-sharing service similar to the video-sharing service provided by YouTube Inc.

The investment came from three groups of the wealthy individual investors known as angels located in the Philadelphia area — LORE Associates, Mid-Atlantic Angel Group and Robin Hood Ventures — and SJF Ventures of Durham, N.C.

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About Sharmil McKee

I am a licensed business attorney and owner of McKee Law Office. The firm focuses on providing small and mid-sized companies with strategic legal advice. I help businesses prevent and resolve contract disputes, debt collections, employee disputes and tax problems. I have helped over 100 businesses and have tried over 200 cases. In addition, I am the only business attorney in Philadelphia with over 10 years of experience owning and operating a business.