CapLinked Grows Users, Tops $1.7B In Deals

Los Angeles-based CapLinked, which develops software-as-a-service for managing fundraising and venture investment, disclosed today that it has just passed 16,000 users using the site, and now has $1.7 billion in open deals on its platform. The firm explained that it also now has 4,200 companies who have created profiles on the site. CapLinked said the number of user accounts is up 700 percent since the start of the year. CapLinked was founded by Eric M. Jackson and Christopher Grey, and is backed by a significant number of former PayPal executives.