General News

June 9, 2015 @ 7:01 pm By JD Alois  |  

Several publicly traded companies have sent a letter to Representatives Scott  Garrett and Carolyn Maloney addressing the hot topic of venture exchanges.  The subject of venture exchanges has been making the rounds on Capital Hill, and at the SEC, as policy makers search for the best path to create liquidity… Read More

June 9, 2015 @ 4:47 pm By Samantha Hurst  |  

In an effort to expand globally, independent brewery BrewDog, announced it has plans to acquire land in Columbus, Ohio for a first brewery outside of Scotland. Reportedly, BrewDog stated that Columbus is one of two cities it was looking at for in its U.S. operation search. It was also revealed that the brewery… Read More

June 9, 2015 @ 1:16 pm By Samantha Hurst  |  

Equity crowdfunding platform, OurCrowd, announced the launch of OurCrowd First, a specialized $10 million global early stage fund focusing on seed and Pre-A round startups. With its OurCrowd First fund, the funding portal will leverage its established infrastructure to bring equity crowdfunding to approximately 20+ seed-stage companies providing OurCrowd investors… Read More

June 9, 2015 @ 12:00 pm By JD Alois  |  

Crowdfunding success Tile has received a capital infusion from Khosla Ventures in the amount of $3 million. The “Series A extension” comes at a time when the young company reports it has shipped over 2 million devices as it closes in on its 2nd anniversary…. Read More

June 9, 2015 @ 11:49 am By Samantha Hurst  |  

Daum Kakao, the mobile lifestyle platform company behind Kakao Talk, announced the acquisition of Tangram Design Lab, taking a 51% stake in the UX design agency. Tangram Factory, the partner company and maker of Smart Rope, will continue to operate as an independent brand, with… Read More

June 9, 2015 @ 10:59 am By Samantha Hurst  |  

RealtyMogul, an online marketplace for real estate investing, announced today that it had successfully financed the Woodland Park Estates, a multi-family apartment community located in Portland, Oregon. Realty Mogul’s accredited investors used its online peer-to-peer platform to help the project’s sponsor, Trion Properties, purchase the property. Jilliene… Read More

June 9, 2015 @ 10:46 am By Samantha Hurst  |  

Symbiont, one of the creators in smart securities on the blockchain, has secured $1.25M of seed funding. Early investors include Duncan Niederauer, former CEO of the NYSE Euronext; Matt Andresen, founder of the Island ECN and trading head at Citadel; Getco, LLC founders Dan Tierney and Stephen Schuler through Wicklow Capital; Scott Carmilani, Chairman… Read More

June 9, 2015 @ 10:31 am By Samantha Hurst  |  

Money360, Inc., an online peer-to-peer (P2P) commercial real estate lending platform, announced that it has funded and closed a $3.1 million commercial real estate loan in Palm Desert, California. Money360 was able to expedite the closing of the loan in just 10 business days to… Read More

June 9, 2015 @ 10:02 am By JD Alois  |  

On June 19th, Title IV of the JOBS Act will finally become actionable for interested issuers.  Commonly referred to as Regulation A+, or “Reg A+”, this portion of the JOBS Act may be best described as a mini-IPO.  Reg A+ may be used by any… Read More

June 9, 2015 @ 9:14 am By Samantha Hurst  |  

eFileCabinet, Inc., the paperless document management company, has secured a $14M Series B funding round led by Palo Alto-based Allegis Capital and Salt Lake’s Signal Peak Ventures. eFileCabinet’s 153,000 users include SMBs and enterprises in the accounting, financial services, insurance, medical, HR, small government verticals… Read More

June 8, 2015 @ 2:13 pm By Samantha Hurst  |  

Direct Lending Investments LLC, a marketplace lending and investment firm, today announced that Bryce Mason will join the company as Chief Investment Officer. Direct Lending Investments is a marketplace lending and private investment firm that makes short-term, high-yield small business loans available in fund form to… Read More

June 8, 2015 @ 12:27 pm By Samantha Hurst  |  

Last year, Wong Fu Productions, a Los Angeles-based production company, took to global crowdfunding platform Indiegogo to raise $200,000 for its first feature film, Everything Before Us. During its 30-day funding round, the flick not only secured its initial goal, it also reached nearly $360,000 thanks to… Read More

June 8, 2015 @ 11:45 am By Samantha Hurst  |  

In an effort to help up and coming organizations get off the ground, Change.org and Indiegogo are joining forces to give step by step best practices in how to build and activate a community for causes. The platforms shared: “We’ll dive into the specific tactics and… Read More

June 8, 2015 @ 11:33 am By JD Alois  |  

GrowVC is a crowdfunding company that has taken a portfolio approach.  Recognizing that most finance is quickly migrating online, GrowVC is targeting all aspects of internet finance from debt to equity and advisory services.  Today the company has 10 different subsidiaries providing services in alternative… Read More

June 8, 2015 @ 10:47 am By JD Alois  |  

The Securities and Exchange Commission is celebrating 81 years of guiding financial markets this month. While there have been more than a few ups and downs since the ’34 Act that created the SEC (on June 6th), their mission remains true in guarding investors and… Read More

June 8, 2015 @ 9:07 am By JD Alois  |  

Business Agent, a UK based debt and equity crowdfunding aggregator, has appointed Bob Chase to its board of directors.  Chase joins the recent appointment of Stephen Hazell-Smith, one of the founders of AIM.  Business Agent has an expressed objective of becoming the UK’s stock market… Read More

June 6, 2015 @ 10:20 am By Samantha Hurst  |  

After the launch of their beta site and a successful Kickstarter campaign, Scopio, formerly known as Protestify, entered the realm of breaking events this week in an attempt to connect social media-savvy users with global events and large campaigns. Although the young company has changed its… Read More

June 6, 2015 @ 9:28 am By Samantha Hurst  |  

The third annual Do More 24 crowdfunding campaign powered by United Way of the National Capital Area (United Way NCA) raised more than $1.4 million in online donations and sponsor support on June 4 for hundreds of nonprofits serving the District of Columbia, Northern Virginia,… Read More

June 5, 2015 @ 4:28 pm By Samantha Hurst  |  

HWTrek, a platform that provides an ecosystem for digital electronics, announced this week that it has successfully raised $4 million during its series a funding round, which was led by WI Harper and ITIC. According to its description, HWTrek pairs manufacturing experts with project creators to help navigate the… Read More

June 5, 2015 @ 9:37 am By Samantha Hurst  |  

Crowdfunding platform, EquityNet, announced this week that it has surpassed $300 million in funds raised by entrepreneur members. Judd Hollas, founder and CEO of EquityNet, stated: “Once again, we’re very proud to announce the continuing growth of our platform and are delighted that so many… Read More