• TechCrunch, Tuesday, February 22, 2011 2:31 PM

Seeking to expedite the new media investment process, CapLinked just announcing a $900,000 round of funding led by a group of former PayPal execs known as the "PayPal Mafia," reports TechCrunch. Co-founded by PayPal marketing exec Eric Jackson, CapLinked is offering a collaborative platform for entrepreneurs, private investors and advisors to find each other, build relationships, and transact business on a single platform. Already, "there a few platforms that aim to connect investors and startups on the web, including AngelList, and Kickstarter, but for the most part investment transactions and venture funding is done face-to-face, many times with a hand shake involved," TechCrunch notes. With CapLinked, entrepreneurs can raise capital and sell or buy assets, manage and contact investor prospects, centralize document flow on a secure platform and connect with new investors, advisors and companies. Investors include Peter Thiel; Joe Lonsdale, co-founder of Palantir Technologies; Aman Verjee, CFO of Sonos; and David Anderson.

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