CapLinked, a startup offering workspaces for managing business deals, announced today that it has closed a $2.1 million Series A.
The company previously said that it raised a $1.6 million round from FF Angel (the seed-stage fund operated by Founders Fund), Siemer Ventures, 500 Startups, and others, so this is basically a $500,000 addition. The new investors include Conversion Capital, Inflection Ventures, The Artesian Group, Googler Chris Harris, and AccessDNA founder Lee Essener.
CapLinked pitches itself as an easier-to-use, cheaper alternative to the big providers of virtual data rooms. It creates online workspaces for managing deals, such as merger and acquisitions and investor reporting, where the various parties can communicate and exchange files securely. Customers include Thomson Reuters, Sun Capital, and NextView Ventures.
And yes, in the funding press release, co-founder and CEO Eric Jackson says he used CapLinked software to manage this very deal. The company has now raised a total of more than $3 million.