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Source:CenterNetworks

Editor’s note: This news was embargoed for 9am but the news hit the wire at 7am so we will post now. 

NY-based Angelsoft is announcing the launch of version 3.0 of their angel funding platform. The new version connects entrepreneurs to over 400 angel funding groups across the world. Angelsoft offers entrepreneurs a common submission form for funding and the software determines which angels to send the application to.

There’s an interesting Google Maps mashup on the Angelsoft homepage which functions like a newsfeed displaying activity across the entire Angelsoft network. This past April, Angelsoft CEO David S. Rose presented an excellent overview of how the angel funding process works. If you are new to angel funding, check out my full event recap.

The company notes that over 2,000 entrepreneurs apply for funding each month and 11,000 investors are listed. Looking at their 2008 stats, so far 1% of applications have actually been funded. Angelsoft offers an angel funding industry profile as well which shows that for 2008, media and entertainment is the hottest overall category.

We profiled Angelsoft last month at their parent company launch party. Here’s a video overview from the company on how Angelsoft works:

Angelsoft 3.0 Introduction Video from Angelsoft on Vimeo.

More CN Coverage:
– FriendFeed
– Amie Street
– Startup Tips

This entry was posted on Tuesday, September 2nd, 2008 at 7:30 am and is filed under venture capital, Quick News, Angel Investors, NYC, nextNY, Angelsoft. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.