CapLinked Raises $1 Million Growth Round From FF Angel, 500 Startups, and Subtraction Capital
Cloud-based secure deal platform CapLinked, has received a $1 million expansion round from Subtraction Capital, FF Angel, 500 Startups, and other investors.
This follows the company’s $3million Series A round it closed in the first quarter this year from 500 Startups and FF Angel and Jason Portnoy, the founding partner of Subtraction Capital. The firm says it will use the funding to grow rapidly and close more partnerships like the previous Kayne Anderson Capital Advisors and last week’s Sunbelt Network partnership.
Subtraction Capital partner Jason Portnoy said,
“CapLinked understands that optimizing the user experience is critical for software-as-a-service, and this vision has enabled them to build a powerful yet elegant platform. As funds, corporations, and banks seek out new tools to collaborate on transactions, CapLinked is poised to become the gold standard.”
Founded in 2010 by Eric M. Jackson and Christopher Grey, CapLinked helps clients to communicate and exchange data in a secure and confidential environment, complete with flexible permission controls and powerful activity reports. The firm serves clients such as Thomson Reuters, Sun Capital, NextView Ventures, Edwards Lifesciences, Draper and Kramer, and Proprietary Capital.
The Los-Angeles based cloud-based enterprise platform has also received funds from Hercules Growth Fund, and Peter Thiel among others.