Wednesday, August 1, 2012
CapLinked, Startup America Tie On Startup Fundraising
Los Angeles-based CapLinked, which operates an online platform for managing fundraising by startups, has linked with the Startup America Partnership. According to CapLinked, it will make its premium capital raising and investor reporting tools available to the more than 8,500 startups enrolled with Startup America. Startup America is the effort launched last year to spur the creation of startups nationwide. CapLinked's site allows companies to manage due diligence documents, shareholder communications, finding investors, and more; the firm said it now has over 135,000 users using its site. CapLinked is headed by Eric M. Jackson, and backed by such investors as Peter Thiel, David Sacks (Yammer), Joe Lonsdale (Palantir Technologies), and Dave McClure (500 Startups), as well as Hercules Technology Growth Fund, 7th Rig, and Wasabi Ventures.