Crowdfunder.com, a Los Angeles, CA-based equity crowdfunding platform, raised $3.5m in Series A financing.
Backers included:
– Bridge 37 Ventures
– Ideas & Capital Venture Capital
– Tim Draper: VC at DFJ (personal investment)
– William Quigley: VC at Clearstone Partners, Crypto Currency Partners (personal investment)
– Maura O’Neill: Former Chief Innovation Officer at USAID, founder and angel investor
– Capital Nuts (early stage Chinese venture fund)
– Marcus Segal, former COO Business Operations at Zynga
– Mark Rampolla: Founder of ZICO Coconut Water, and
– David Wilner: Founder of Windriver Systems
The company intends to use the funds to expand operations.
Led by Chance Barnett, CEO, Crowdfunder operates an equity crowdfunding platform for technology, digital media, and entertainment startups and small businesses to raise funds from a community of institutional and individual accredited investors including Barbara Corcoran of Shark Tank, Neil Young, Danny Zappin former CEO of Maker Studios, Mark Cuban, TechStars, Tim Draper, Sequoia Capital, Tech Coast Angels, David Weild former Vice Chairman of NASDAQ, Jerry West, and many others.
The platform has already closed 32 rounds in the last 3 quarters, at an average size of $1.6M.
FinSMEs
08/10/2014