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StrandVision gets Chippewa Valley Angel Investors

A $250,000 equity investment in StrandVision, headquartered in Eau Claire, has recently been made. The Chippewa Valley Angel Investors Network reported that StrandVision is a hosted digital signage services startup provider. It is CEO Mike Strand`s second venture, with his first being a bar code labeling software company known as StrandWare.

The investment in StrandVision is the Network`s fourth equity investment since its founding in April 2003 and brings the group`s total investments to over $1,000,000. In 2005 alone, the Network invested $695,000 in Chippewa Valley ventures. The StrandVision investment will be used to continue product development and to further ramp up marketing and sales.

`StrandVision was very attractive to the Chippewa Valley Angel Investors Network on many levels,` said Pete Marsnik, Chippewa Valley Angel Investors Network manager. `It is a local business with a solid business plan and Mike has an impressive track record. StrandVision`s business concept is not only sustainable but exciting and scalable. We like to say we put the `smart` in `smart money` so, beyond the funding, we look forward to working with Mike to help him take StrandVision to the next level.`