AngelPad

AngelPad, the startup incubator launched by seven ex-Googlers in August 2010, is taking a look back at how far it’s come in the months since and the lessons they’ve learned along the way. So far, AngelPad has helped 37 companies get off the ground, but it wasn’t until this year that things really got going: 29 of those 37 startups emerged from AngelPad’s incubator in 2011 alone.

Out of the 37 companies, 31 have received funding, totaling just over $25 million.

According to one of AngelPad’s founders, Thomas Korte, the average funding amount for its startups is around $750,000. Of course, he admits that averages don’t always give the most accurate picture since a few highs and lows can distort things. MoPub, for example, is on the high-end, having raised over $7 million. There were a couple of others with high numbers over a million, too, Korte says.

To read the full, original article click on this link: AngelPad Looks Back: 37 Companies, 31 Funded, $25 Million Raised | TechCrunch