As the SEC lifts its ban on general solicitation, online investment network AngelList announces it's raising $24 million to build a product for a new era of raising capital.
The service, already a leader in helping startups raise angel funding, is now helping connect job candidates with the startups that might hire them.
Investors who served as judges in the internal hackathon made it clear they liked the winning tools, but wished they could be used to identify talented engineers needing new jobs.
Already the go-to place for tech startups looking for investors, AngelList is now helping startups with their legal docs. And that means a lot less work for lawyers.
San Francisco's Lemnos Lab is aiming to fund some of the hottest startups in robotics, aerospace, connected devices, and other fields. Already its portfolio companies have raised $35 million in funding.
The SEC on Monday will lift the ban on "general solicitation" and begin to allow companies to publicly talk about their fundraising efforts. Get ready to hear all about it.
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