The Private Market Network. Slated Raises $2M To Bring The AngelList Approach To the Film Industry. Slated, a site that connects independent film producers with investors, has raised $2 million in a Series B round of funding.
The site first launched at the Sundance film festival this year, and it sounds like the idea is catching on with independent film veterans — the company says producers such as Jeffrey Kusama-Hinte (The Kids Are All Right, Thirteen, Laurel Canyon), Lesley Chilcott (Waiting For Superman, An Inconvenient Truth), Lawrence Bender (Pulp Fiction, Good Will Hunting, Inconvenient Truth, Inglourious Basterds) have already signed up. Before the launch, more than 2,000 films applied to be listed, and 44 have been approved so far. DealCloud. Financial Services Cloud. Private Investing Network CapLinked Passes $20B In Deal Rooms; Debuts Pro Accounts. CapLinked, the LinkedIn-meets-Salesforce for private investing, is launching new pro subscription accounts to help users raise capital and network with investors and companies.
The startup is also announcing that it has topped $20 billion in total deals hosted on the site. As we’ve written in the past, CapLinked launched to allow entrepreneurs to raise capital and sell or buy assets, manage and contact investor prospects, centralize document flow on a secure platform and connect with new investors, advisors and companies. Investors can use CapLinked to manage deals, build public profiles, leverage LinkedIn contacts and connect with promising startups. Both sides can also invite their advisors (e.g. lawyers, consultants, board members, etc.) to receive information and review deals. Pro subscribers allow users to message other CapLinked members outside of their network, including potential investors and other companies. Startup Fundraising Platform ProFounder Shuts Its Doors. ProFounder, a startup that offered entrepreneurs ways to raise money for their startups and ideas, is shutting its doors, according to an announcement on the company’s site today.
ProFounder, which is the brainchild of Kiva co-founder Jessica Jackley and fellow Stanford Business School alum Dana Mauriello, allowed entrepreneurs to share a percentage of their revenues with investors (their friends, family, and community) over time in exchange for an investment. Entrepreneurs could apply to Profounder, upload a pitch to offer to potential investors and then create a term sheet with Profounder’s templated forms and compliance sheets. ProFounder then gave businesses a page where they can invite friends, family, and investors to a destination page that allowed users to make contributions and investments directly on the site. Profounder says the current regulatory environment prevented them from pursuing further innovations on the site.