Less than two months after Indiegogo teamed up with MicroVentures to launch its equity crowdfunding platform, campaigns on the platform have successfully secured $1 million in funding. There are currently five initiatives on the website. Indiegogo launched the new equity portal with MicroVentures on November 15th, which was six months after the new equity crowdfunding regulations (Title III) went into effect. It now allows anyone (accredited and non-accredited investors) to invest in startups and growing companies. At the time of the portal’s debut, CEO of Indiegogo, David Mandelbrot, explained:“Our mission has always been to make it easier for individuals to raise money for projects they are passionate about and this is the latest way we’re helping entrepreneurs access the financing they need while also giving backers the chance to invest in new companies.” Read more: crowdfundinsider.com
