–
Rubin has also attracted a number of serious industry players as investors in an impromptu funding round as the crowd funding platform continues to consolidate and grow.
–
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
–
Slava Rubin, who succeeded in raising $40 million in Series B funding as recently as January for his global crowdfunding platform Indiegogo has added an impressive list of investors, including billionaire entrepreneurs Branson and Max Levchin, co-founder of PayPal in an impromptu funding round,
While specific details of the funding round were not released, particularly the size of the investment as well as how much each investor was contributing, what might even be more important for Slavin and his partners at San Francisco based Indiegogo, Danae Ringelmann and Eric Schel may be the quality of the investors.
Sir Richard Branson and Max Levchin’s willingness to invest alongside such other leading figure in the business world as Dan Benton, CEO of Andor Capital Management, Tim Draper, Founding Partner in the California based venture capitalists Draper Fisher Jurvetson , Dawn Lepore, the former chairperson of Drugstore.com and Hans Morris, founder of Nyca Partners will add tremendous credibility to the crowdfounding concern, now in their sixth year of operation.
Commented on this most recent round of funding, Slava Rubin explained that Indiegogo was launched the hope was that everyone in the world would have the ability to fund their dreams, and we are very grateful to attract these incredible operators as investors and advisors to help accelerate our vision.”
Indiegogo will be utilizing this latest found of funding to continue their global expansion drive, as well, taking the necessary steps to improve user experience, especially when it comes to mobile access to the site.
With Rubin and his partners at Indiegogo being reportedly very interested in involving themselves in Title III retail crowdfunding, the offer and sale of securities through crowdfunded private offerings, eventually passes legislation, having access to additional capital will only serve to increase their scale and brand presence, and will provide them with an undoubted advantage in the fast evolving market.
