First tranche of crowdfunding investment completed

Posted on October 29th, 2009 by Charles Armstrong

I’m pleased to announce that the first tranche of Trampoline’s crowdfunding process was successfully completed today. We had all the investor commitments more than a month ago but it took til now to get the paperwork drawn up and executed. The last few signatures came in earlier today. This is an exciting moment for Trampoline and an affirmation of crowdfunding’s potential for financing technology ventures.

Now the first tranche is complete we’re going to put all our focus back into growing Trampoline’s business. Sometime towards the end of January 2010 we’ll start preparing the second tranche.

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About

Crowdfunding

Crowdfunding is an alternative approach to raising finance. It’s been developed over the last decade, principally in the film and music industries. Unlike traditional models which rely on large contributions one or two institutions crowdfunding is based on raising small sums from many number of people, who are typically linked by social networks or shared interests.

Find out more about Crowdfunding

Trampoline Systems

Trampoline Systems is an award-winning software business based in London (UK). The company is attracting attention from around the world for its SONAR social analytic technology and its vision of how corporations must evolve.