Tagged: california

August 9, 2016 @ 1:46 pm By Samantha Hurst  |  

On Tuesday, real estate crowdfunding platform RealtyShares announced California is a hot real estate market for its crowdfunding investors. This info was released in the website’s latest report on the state’s funding projects. RealyShares revealed that California borrowers and sponsors had raised more than $53 million… Read More

August 1, 2016 @ 3:38 pm By Samantha Hurst  |  

Less than a month into its new Kickstarter campaign, California startup Peak Design has successfully raised over $2 million from nearly 9,000 backers for its Everyday Bag Line. The company managed to secure over $1 million less than 24 hours after the initiative launched. Peak… Read More

July 18, 2016 @ 12:38 pm By Samantha Hurst  |  

With the 2016 San Diego Comic Con set to be held this upcoming weekend, Kickstarter announced it is ready to show various projects at this year’s convention. Kickstarter shared details about the famous convention and what visitors will expect from the crowdfunding platform, including events…. Read More

July 15, 2016 @ 9:22 am By Samantha Hurst  |  

This week, Rayton Solar, Inc. (Rayton Solar), announced it was testing the waters of Regulation A+ through crowdfunding platform, StartEngine. The California-based solar panel company is seeking to attract more investors as it prepares to develop a cost-effective source of energy through essential particle acceleration manufacturing technology…. Read More

June 27, 2016 @ 12:36 pm By Samantha Hurst  |  

San Francisco luxury sex toy startup, Crave, announced on Monday the closing of its Series B funding round. The round captured $1.3 million from various angel investors along with investment platforms CircleUp and AngelList. As previously reported, Crave raised $2.4 million from over 60 Angel investors… Read More

June 16, 2016 @ 10:26 am By Samantha Hurst  |  

On Wednesday, Indiegogo announced its very own Pride Celebration, which will be held at its San Francisco headquarters on June 23rd. The free event’s description reads: “In honor of pride month, Indiegogo is hosting a LGBTQIA Pride Celebration at Indiegogo HQ! It’ll be a chance… Read More

June 15, 2016 @ 4:49 pm By Samantha Hurst  |  

Earlier this week, intimacy lifestyle brand, Lelo, launched an Indiegogo campaign to raise only $12,000 for its self-dubbed next generation condoms The initiative has already surpassed its initial goal and is currently sitting at over $90,000 thanks to 4200 backers. According to Lelo, the Lelo… Read More

May 25, 2016 @ 9:57 pm By JD Alois  |  

As previously reported, the California legislature is considering whether or not to legalize intrastate crowdfunding. This is not the first time the Golden State has attempted to create its own rules to allow investors to back small companies online. But the previous efforts fizzled as… Read More

May 18, 2016 @ 11:52 am By Samantha Hurst  |  

With the annual Maker Faire set to held in San Francisco’s Bay area this weekend, Kickstarter announced on Tuesday its schedule for the widely popular event. The crowdfunding portal revealed that more than one hundred of its funded projects will be on display at the at the Maker Faire,… Read More

May 16, 2016 @ 2:28 pm By Samantha Hurst  |  

OTC Markets Group Inc. (OTCQX: OTCM), operator of open, transparent and connected financial markets for 10,000 U.S. and global securities, announced on Monday that it is hosting a retail, consumer technology and crowdfunding workshop,”Consumers as Investors – Redefining Financing Options for Entrepreneurs,” in Los Angeles… Read More

May 11, 2016 @ 10:53 am By Samantha Hurst  |  

Late last year, Paramount and CBS announced they have filed a lawsuit against independent Star Trek film, Axanar. The film has raised over $1 million through Indiegogo and Kickstarter campaigns. The production was considered a feature film, but was to be broken down into four episodes following the four acts of the script. Paramount and… Read More

May 6, 2016 @ 8:34 am By Samantha Hurst  |  

Lendio, an online service that helps business owners find small business loans, announced on Friday its top 10 best states for small business lending. This list was created in celebration of National Small Business Week and is based on lending data from the platform, which… Read More

April 29, 2016 @ 4:26 pm By Samantha Hurst  |  

Menlo College named angel investor and Dreamfunded co-founder/CEO, Manny Fernandez “Silicon Valley Equity Crowdfunding Pioneer” during its The Future of Investing: How Equity CrowdFunding is Shaping the American Dream event on Wednesday evening. Menlo College Professor of Finance, Soumendra De, who presented the award to Fernandez,… Read More

April 24, 2016 @ 9:08 pm By JD Alois  |  

California is in the process of attempting to pass legislation, once again, to legalize intrastate investment crowdfunding. If the proposed bill becomes law, California will join dozens of other states that enacted similar regulations to help fund small and emerging companies within their boundaries by… Read More

April 15, 2016 @ 10:41 am By Erin Hobey  |  

The California Department of Business Oversight (DBO) has issued a summary report of aggregate data provided by the companies that responded to the DBO’s online survey sent to 14 marketplace lenders engaged in online consumer and/or small business lending (or other types of financing such as merchant cash advances)…. Read More

April 8, 2016 @ 6:30 pm By JD Alois  |  

Reportedly the crowdfunding legislation for the state of California took another positive step forward this week. The Small Business California’s Crowdfunding bill (AB 2178) passed the Assembly Banking Committee on a vote of a 11 to 1. Next step is for the Assembly Judiciary Committee… Read More

March 14, 2016 @ 1:59 pm By Samantha Hurst  |  

And the legal woes just keep on coming for crowdfunding success Axanar. Back in December 2015, film giants Paramount and CBS slapped the project with an infringement lawsuit. The companies have viewed the film as a violation of their intellectual property and filed a lawsuit in California… Read More

February 29, 2016 @ 3:55 pm By JD Alois  |  

Embedded below is the most recent run at creating an intrastate crowdfunding exemption for the state of California. The bill (AB 2178) was introduced earlier this month by Assembly Member David Chiu, with principle coauthor Senator Ben Allen. Granted, the legislation has a long ways… Read More

February 19, 2016 @ 1:03 pm By Samantha Hurst  |  

Earlier this week, California startup Silk Labs launched a crowdfunding campaign on Kickstarter to raise $100,000 for its new smart home hub, Sense. According to the company, Sense may detect the user’s presence, recognize their voice and gestures, learn their preferences and choreograph their connected device… Read More

February 18, 2016 @ 5:54 pm By JD Alois  |  

California, a state that has an economy larger than most sovereign nations, has attempted several times to pass an intrastate crowdfunding law.  Somehow the legislative gods have shown disfavor on providing online access to capital for SMEs in the Golden State. Perhaps the 3rd time… Read More