Crowdfunder Closes $400K Seed Round, Launches Public Beta

Crowdfunder, the Los Angeles-based startup creating an online platform for the "crowdfunding" of startups and small businesses, has launched the first public beta version of its site this week. The launch comes on the heels of Crowdfunder closing on $400,000 in seed funding from a group of angel investors earlier this month, CEO Chance Barnett tells me. But: Since the crowdfunding portion of the JOBS Act has not taken effect yet -- it's still being reviewed by the Securities and Exchange Commission -- Crowdfunder is holding a unique sort of beta launch, with a series of contests planned in cities across the US.

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