Caplinked, a cloud-based platform for secure business transactions, announced a $1 million expansion round today, which includes previous supporters FF Angel and 500 Startups. Also participating in this round is Subtraction Capital, a new investor, although Subtraction’s founding partner Jason Portnoy has previously invested in CapLinked.
“As a new venture capital fund, we wanted to take advantage of the best tools on the market to help us run our business,” Subtraction Capital partner Jason Portnoy said in a press release. “CapLinked understands that optimizing the user experience is critical for SaaS and this vision has enabled them to build a powerful yet elegant platform."
[ibimage==29282==Medium==none==self==ibimage_align-right]
Recently added to CapLinked’s client list is Sunbelt Business Brokers, a firm whose brokers simultaneously work on thousands of transactions across the country. This deal was “a really big deal” for CapLinked, CEO and co-founder Eric Jackson said because CapLinked will be rolling out its product at 100 Sunbelt offices nationwide.
The addition of its first franchise client Sunbelt and the support of new investors in 2013 (the same year that the platform exited beta) both line up CapLinked for an exciting 2014.
“As funds, corporations, and banks seek out new tools to collaborate on transactions, CapLinked is poised to become the gold standard," Portnoy said.
.png)
