CapLinked Adds Folder Downloads

Los Angeles-based CapLinked, the developer of online software used to manage financial deals, said Monday that it has added a new feature which lets its members download entire folders from the site. The company--which is targeting the Virtual Data Room market--said the new feature lets members select important folders to download, and then packages those together for a quick download. CapLinked's software-as-a-service is being used to manage everything from merger and acquisition deals, to asset sales, venture financing, and other similar deals. The firm is headed by Eric Jackson and Christopher Grey, and backed by such investors as 500 Startups, FF Angel, Siemer Ventures, Peter Thiel, and others.