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CapLinked Enables Crowdfunding Platforms to Close Business Transactions Faster, Exchange Files Securely and Manage More Deals

6 Mar

By Robert Hoskins

CapLinked announced the launch of its new suite of enterprise features to provide cloud-based Crowdfunding platforms with business transactions that are simple and secure. The tools include powerful new options for reporting, file management, and discussions, as well as first-of-its-kind functionality for managing deals on an iPad.

The company—whose investors and founding team include early employees from PayPal—continues to challenge the legacy virtual data room (VDR) services with its elegant product for coordinating on complex business deals such as asset sales, financing and mergers & acquisitions.

CapLinked’s gives Crowdfunding Platforms a Much-Needed Option to Virtual Data Rooms

CapLinked’s gives Crowdfunding Platforms a Much-Needed Option to Monitor Virtual Data Rooms

Separately, CapLinked also announced several new clients using their software, including: Crowdfunding Service Provider (CSP) AI Verified information, Thomson Reuters, Sun Capital Partners Private Equity Firm, NextView Ventures, and investment bank Equity Partners CRB.

CapLinked enables its clients to close business transactions faster, exchange files securely, and manage more deals at any given time. And the company’s new enterprise features promise to make it even easier to securely manage transactions:

  •  iPad Compatibility: Unlike virtual data rooms, CapLinked’s web application has been optimized for use on iOS tablets, making for a seamless experience on-the-go.
  • Enhanced Reports: Workspace administrators can view and download activity reports that establish a thorough audit trail.
  • Bulk Uploading: Transporting an entire folder structure with all of its files into a CapLinked workspace is now secure and frustration free.
  • Conversations: Parties can now reply to updates from workspace administrators directly on CapLinked, making communication secure and trackable.
  • Custom Branding: Clients can enjoy a fully branded experience with their logo and colors throughout CapLinked’s website and email notifications.
  • Investor Reporting: Fund managers and financial institutions can automate splitting PDF documents into individual reports for multiple investors.

“CapLinked’s rapid innovation gives companies and funds a much-needed option to virtual data rooms,” says CapLinked CEO Eric M. Jackson. Business intelligence analyst IBIS World estimates that VDR industry sales will grow by 16% this year to nearly $730 million.

The lion’s share of all revenue is captured by three large players: IntraLinks, Merrill Datasite, and RR Donnelly’s Venue. But a lack of competition has also lead to a lack of innovation, resulting in low customer satisfaction and frequent complaints of difficult-to-use products. Sticker shock is also a frequent problem for clients, who are surprised to learn that VDRs often charge by the page, an unheard of practice in an era where data storage is measured in gigabytes.

“Storing secure data in the cloud for a complex business transaction has nothing in common with getting photocopies at Kinko’s, but virtual data rooms are pricing it the same way,” says Jackson. “Their pricing and technology are hold-overs from the 1990s—it goes to show how they have been shielded from competition for too long. CapLinked is going to change that. Our powerful, intuitive tools make it easy for people across multiple organizations to collaborate on transactions and share sensitive information, and our pricing is completely transparent.”

CapLinked customers can create a workspace for deal management or investor reporting with the click of a button. Customizable templates help expedite the process of organizing files, and a clean, modern interface makes it intuitive to control permissions. And with its new enterprise features, CapLinked now has the most powerful suite of tools for managing transactions available on the market. Training to use CapLinked only takes around 20 to 30 minutes.

CapLinked’s cloud-based enterprise platform that makes business transactions simple and secure. CapLinked is used by companies for managing M&A transactions, raising capital, selling assets, updating investors, and conducting due diligence.

The company was founded in 2010 by Eric M. Jackson (PayPal’s first head of US marketing and author of the award-winning book The PayPal Wars) and Christopher Grey (former senior private equity executive and managing director at a subsidiary of Emigrant Bank).

Its investors include FF Angel, Hercules Growth Fund, Siemer Ventures, 500 Startups, and Peter Thiel, cofounder of PayPal. The Wall Street Journal called CapLinked “the go-to place for setting up and closing deals,” and Inc. named CapLinked to its list of “5 Back-Office Tech Innovations.”

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