Tagged: california

June 20, 2014 @ 9:41 am By JD Alois  |  

The bill that legalizes equity crowdfunding in the state of California continues to push forward.  On May 19th the proposed legislation passed the California Assembly unanimously and moved to the Senate.  This past Wednesday the bill was approved by the Senate Business Professional and Economic… Read More

June 13, 2014 @ 2:30 pm By Samantha Hurst  |  

Ready to bring a new type of network-attach storage (NAS) device to the market, California-based Sher.ly has launched a crowdfunding campaign on Kickstarter for Sherlybox. It is a private and shareable cloud that sits right on the user’s desk. According to the campaign’s website, the Sherlybox is… Read More

June 12, 2014 @ 11:00 am By Samantha Hurst  |  

“The time has come to reward the fans,” stated Yael Benamour, CEO of Your Music Company, a Los Angeles-based record label. Your Music Company is a state licensed crowdfunding music business website that is known to be revolutionizing the recording industry. This innovative record label… Read More

May 20, 2014 @ 10:52 pm By JD Alois  |  

The California assembly has passed their intrastate crowdfunding exemption.  The bill was passed unanimously on the assembly floor on Monday, May 19th.  According to the California Legislative information 75 representatives voted for the bill with 4 “no votes recorded”.  This success matches the reception the… Read More

May 7, 2014 @ 10:28 pm By JD Alois  |  

Assembly Bill 2096 by Al Muratsuchi has entered into the process of potentially becoming law in the State of California.  The bill was scheduled to be heard in the Assembly appropriations committee today.  The investment crowdfunding exemption could put California on track to give their… Read More

February 24, 2014 @ 6:17 pm By Charles Luzar  |  

Realty Mogul is continuing their push into exciting real estate markets around the county. The latest market to see activity from the equity crowdfunding platform is Los Angeles, where five multi-family properties – 141 units in total – were just crowdfunded. We have many accredited… Read More

February 3, 2014 @ 3:30 am By Charles Luzar  |  

In the ever-growing crowdfunding community, peer lending reigns supreme. A TD Economics report we covered last week estimates the size of the global crowdfunding industry at somewhere between $3 and $5 billion in 2013. Of the sites responsible for this emergent shift in capital access,… Read More

January 16, 2014 @ 9:45 am By Charles Luzar  |  

For every Pebble or Ouya there are hundreds of smaller Kickstarter projects that fight to be recognized and garner funding. One such campaign launched this week for Yes Man Watches, watches that aim to provide a reminder to relax. Yes Man isn’t used in the… Read More

January 13, 2014 @ 10:40 am By Charles Luzar  |  

A new crowdfunding platform called Breakaway Funding launches next Tuesday. It aims to provide both equity-based and debt-based crowdfunding models for companies seeking to access the crowd’s capital. In order to take advantage of a new and ample source of business capital made available by the… Read More

January 7, 2014 @ 10:37 am By Charles Luzar  |  

Lumo BodyTech is a Silicon Valley-based company that specializes in giving people actionable feedback on body position in order to help them improve their lives. They’ve already crowdfunded one product successfully, and today sees the launch of a second  – the Lumo Lift – that… Read More

December 26, 2013 @ 10:00 am By Charles Luzar  |  

MTVu recently posted a short video interview with Lending Club Chief People Officer Angela Loeffler in which she shares some tips on hiring. She also gives some insight into the company culture at Lending Club, including the story of her interview in which Chief Financial… Read More

December 22, 2013 @ 7:42 pm By Charles Luzar  |  

With 40 days left in their Indiegogo campaign, wearable device technology startup Atheer has raised over $70,000 of a stated $100,000 goal for their innovative spin on 3D glasses. The consumer-level variant is called the Atheer One, and the feature set promised by the team… Read More

December 16, 2013 @ 10:13 am By Charles Luzar  |  

Crowd Valley is a white label crowdfunding service provider providing end-to-end solutions for those looking to launch crowdfunding platforms. The company has now announced a partnership with Sapphire Capital Partners LLP, an FCA-authorized firm specializing in alternative invesments, and specifically EIS and SEIS compliance. This… Read More

December 13, 2013 @ 9:50 am By Charles Luzar  |  

Oculus VR has turned Kickstarter success into what is fast-becoming one of the most interesting startups in the US today. Following a $16 million series A round, the company has announced that they have now closed an additional round of funding led by Andreessen Horowitz…. Read More

December 11, 2013 @ 9:57 am By Charles Luzar  |  

A new crowdfunding site has launched and it is geared specifically toward brands. It’s called Farallon, and it aims to amplify some of the tangential benefits of crowdfunding – namely market testing and crowdsourced feedback. Farallon founder Alex Blunk believes that niche-focused crowdfunding sites will… Read More

November 20, 2013 @ 11:27 am By Charles Luzar  |  

Howard Leonhardt and his venture firm Leonhardt Ventures are making use of a new exemption under Rule 506(c) of Regulation D to solicit funding from accredited investors. The money will go towards funding a cadre of businesses participating in his Cal-X Stars accelerator. Leonhardt explains… Read More

November 15, 2013 @ 11:51 am By Charles Luzar  |  

99designs is a San Francisco-based crowdsourcing web site for graphic and web design work. The site boasts a community of over 250,000 participating designers. Many of these participating designers are based in the Philippines, which was just ravaged by Typhoon Haiyan. Now the team at… Read More

November 14, 2013 @ 12:24 pm By Charles Luzar  |  

Lending Club has appointed two indivials to their advisory board: Michael S. Barr, law professor at the University of Michigan and a senior fellow at the Center for American Progress and at the Brookings Institution, and senior Google executive Jeff Huber. Barr served from 2009-2010 as the U.S. Department… Read More

October 29, 2013 @ 11:29 am By Charles Luzar  |  

Southern California equity crowdfunding platform Crowdfunder has teamed with tech accelerator Singularity University to launch CROWDFUNDxWomen, a “competition to increase visibility and investment capital for women-led tech ventures.” In recent years, women led ventures have received only four to nine percent of professional investment capital. Crowdfunder and… Read More

October 22, 2013 @ 11:17 am By Charles Luzar  |  

Realty Mogul has crossed $4 million in real estate crowdfunding transactions according to their statistics page. 20 properties have been funded in full or in part through Realty Mogul’s platform, and $384,000 has been returned to investors. Realty Mogul is now operating in Washington, Texas,… Read More