This is not the kind of business that angel investors are interested in.

An investor (be it an angel or, at a later stage, a VC fund) is interested in an exit at some point.

There's just no way a simple utility like VirtualHostX will ever generate profits that would warrant an exit event (which are limited to a sale to someone else or an IPO).

If there's no exit event, an investor doesn't get his money back. He might own a chunk of profitable business but it's paper money.