Growth Capitalist (https://growthcapitalist.com/tag/venture-capital/page/7/)
As the institutional crowdsourced capital market becomes a more important source of finance for emerging growth companies, the role of late-stage private “pre-IPO” investors will become increasingly critical for providing the capital necessary to clean up cap structures, consolidate shareholdings, secure intellectual property, and otherwise ready a company for its entry into the public markets.
Kleangas Energy Technologies, Inc. (KGET) announced that it has raised $12,000,000 in a Convertible Preferred Stock transaction.
Since the passage of the JOBS Act in 2012 the crowdfunding and venture capital markets have been engaged in a wary waltz of competitive coexistence. On the one hand, the VC world loves nothing better...
A mobile payments start-up company is beginning their Series A round of financing this month trying to attract up to $15 million. The almost two-year-old Ribbon received $1.75 million in angel investments led by Draper Associates last year. The six-person company founded by Hany Rashwan is focused on making mobile payments more accessible for merchants and easier for consumers. It’s competing with the likes of Square and Google Wallet using technology and its partnerships with credit card processors to make the payment steps quicker and simpler on a mobile device. Ribbon is now expanding to consumer-to-consumer payments.
