General News

June 26, 2015 @ 11:33 am By Samantha Hurst  |  

With less than two weeks until its Indiegogo campaign comes to an end, revamped UK game show Crystal Maze has successfully secured over £580,000 from 4,300 backers. As previously reported, the creators of the new campaign, Little Lion Entertainment, stated that the new game will bring the hype and fun that the original… Read More

June 26, 2015 @ 10:53 am By Samantha Hurst  |  

Security Ratings company, BitSight Technologies, announced that it has closed a $23 million round of Series B financing. Comcast Ventures joins as a new investor together with current investors Globespan Capital Partners, Menlo Ventures, Commonwealth Capital Ventures, Shaun McConnon and Flybridge Capital Partners, all participating in the… Read More

June 26, 2015 @ 9:26 am By Samantha Hurst  |  

Dunedin-based Powerhouse Wind closed its equity crowdfunding campaign on PledgeMe yesterday reaching $140,000 over its goal. The tech startup raised a total of $542,051, selling 19.4% of the company to 120 investors. Bill Currie, Powerhouse Wind’s director, revealed that he was happy with the successful raise: “We are delighted to… Read More

June 26, 2015 @ 8:47 am By JD Alois  |  

Former Citigroup CFO & BofA President of Wealth Management, Sallie Krawcheck was recently chatting up the benefits of gender diversity for corporations on CNBC.  She echoed data that indicates firms that have a diverse leadership team perform better than those which are less so. As… Read More

June 25, 2015 @ 4:06 pm By Samantha Hurst  |  

iAngels, an angel investing equity crowdfunding  platform that enables private investors to co-invest with Startup Nation’s leading angels and gain access to exclusive early-stage opportunities, announced today the appointment of Darya Fuks as Portfolio Manager. Fuks, a former Vice President at J.P. Morgan’s Investment Bank, will lead iAngels’ deal flow… Read More

June 25, 2015 @ 10:52 am By Samantha Hurst  |  

Checkmarx, a software application security company, announced on Thursday a $84M investment from New York-based venture capital and private equity firm, Insight Venture Partners. The new round of capital will be primarily used to further accelerate growth through product innovation and global expansion. Founded in 2006… Read More

June 25, 2015 @ 10:25 am By Samantha Hurst  |  

Millennium Trust Company, a provider of alternative asset custody solutions to institutions, advisors, and individuals, announced today that assets under custody for private funds have surpassed $5.6 billion as of June 1, 2015, an increase of $600 million within the last six months. The firm’s… Read More

June 25, 2015 @ 9:38 am By Samantha Hurst  |  

Ready to set the record straight,  Shenmue III creator Yu Suzuki revealed some details about the situation between the already successful Kickstarter game and its supporters Sony and Shibuya Productions. Shenmue III surfaced on the crowdfunding platform last week and gained over $3 million in three days. The game is… Read More

June 25, 2015 @ 8:56 am By JD Alois  |  

Kevin Harrington, one of the “Sharks” of Shark Tank fame, chatted up the new regulations surrounding Title IV of the JOBS Act, Regulation A+, on CNBC yesterday.  Harrington is an entrepreneur probably best known for “creating the infomercial” and launching multiple direct sales networks on cable…. Read More

June 25, 2015 @ 8:51 am By Samantha Hurst  |  

Earlier this week, video game developer Brian Fargo and his team at inXile entertainment unveiled the trailer for Wasteland 2: Director’s Cut.  Wasteland 2 is described as the direct sequel to the first ever post-apocalyptic computer RPG. The game debuted on Kickstarter back in March 2012 and successfully secured over… Read More

June 24, 2015 @ 6:32 pm By JD Alois  |  

The SEC has charged Gregg R. Mulholland of secretly accumulating “at least” 84% of shares in Vision Plasma Systems.  Once Mulholland effectively controlled the company, he liquidated shares for proceeds of approximately $21 million.  The SEC states that no registration statement was filed on the… Read More

June 24, 2015 @ 5:07 pm By Samantha Hurst  |  

Back in April, comic book writer and artist Gene Ha, who is best known for his work with famous comic book publishers including Marvel, DC Comics, and ABC Comics, took to crowdfunding platform Kickstarter with a mission to raise funds for his first ever creator-owned graphic… Read More

June 24, 2015 @ 3:02 pm By Samuel Guzik  |  

  On June 23, 2015, the Staff of the Securities and Exchange Commission provided some public guidance on certain issues arising under the new Regulation A+ Final Rules. In a new section of the SEC’s Compliance and Disclosure and Interpretations (C&DI’s),  a Q and A… Read More

June 24, 2015 @ 2:45 pm By JD Alois  |  

FinFair 2015 will be a gathering that discusses the leadership, products and technologies driving the crowd-centric retail alternatives market.  The event is viewed as forum for  is pleased to officially announce one of the most groundbreaking FinTech and alternative finance programs to penetrate Wall Street. Crowd-centric… Read More

June 24, 2015 @ 1:14 pm By Samantha Hurst  |  

Seed Equity Ventures announced today that it now has registered investors and entrepreneurs from 100 countries. An executive partner from an investment bank in the North African country of Tunisia registered as an investor today bringing the platform 100 countries. Seed Equity is a registered broker dealer… Read More

June 24, 2015 @ 11:25 am By Samantha Hurst  |  

Earlier this year, Singapore Exchange (SGX) announced that it was planning to launch its very own equity crowdfunding platform as a vehicle to help raise capital for entrepreneurs and small businesses. It was set to partner with Singapore’s Clearbridge Accelerator, a venture capital and incubation firms specializing in… Read More

June 24, 2015 @ 10:48 am By Samantha Hurst  |  

Boston-based endpoint security startup, Barkly, announced that it has closed a $12.5 million Series A financing round, led by New Enterprise Associates (NEA) and including Sigma Prime Ventures. Barkly has now raised a total of $17 million since the company was co-founded in 2013 by CEO Mike… Read More

June 24, 2015 @ 10:25 am By Samantha Hurst  |  

Squadrone System, the company behind first autonomous flying camera, HEXO+, today announced it has secured an investment of $3 million from Living Water Investment Corp., bringing its total investment amount to date to $5 million. The funding will allow the company to finance the industrial development… Read More

June 24, 2015 @ 9:09 am By JD Alois  |  

  “A Branch-free, Paper-free and Stress-free Bank” The traditional banking industry has been rather slow to innovate.  Hundreds of years of operating branches, with tellers, is a hard thing to change.  It is also a costly and inconvenient business structure in a world where everything… Read More

June 24, 2015 @ 9:07 am By Samantha Hurst  |  

Chicago-based real estate crowdfunding platform PeerRealty announced today a new agreement with leading alternative asset custodian PENSCO Trust Company. PeerRealty has joined the PENSCO Marketplace, giving individual investors the opportunity to invest in high-quality real estate crowdfunding investments using self-directed Individual Retirement Accounts (IRAs). PeerRealty CEO… Read More