Los Angeles, CA (PRWEB) May 21, 2012
CapLinked—the online platform that makes investing in private companies easy, secure, and social—announced today that Brad Barnes has joined the company as its Senior Vice President of Sales & Business Development. Barnes will oversee CapLinked’s sales team and be in charge of its partnership efforts. CapLinked provides companies, investors, and advisors with networking tools, data rooms for managing a capital raise or asset sale, and investor relations features.
The company, which was funded by members of the “PayPal Mafia,” has grown by over 6,000% since launching to the public in February 2011. CapLinked has over 125,000 user profiles and $30 billion in private deal rooms hosted on its site. The service is used in a wide array of industries, including technology, energy, transportation, food & beverage, real estate, and financial services. Last month, CapLinked unveiled its premium TEAM accounts, which provide subscribers with enhanced tools to close deals faster and coordinate transactions across a group of people.
“I’m excited to welcome Brad Barnes to the CapLinked team,” said CEO and co-founder Eric M. Jackson. “Brad joins our company as we begin to offer premium products to our rapidly growing network. With his experience in scaling and managing sales teams, he will be building the sales and business development infrastructure needed to make CapLinked the dominant player in the private investing industry.”
Barnes joins CapLinked with a track record in delivering rapid revenue growth and expansion in industries ranging from enterprise software to social media. With two prior IPOs under his belt, he has grown and managed large sales teams with millions in annual revenue. After breaking into the software industry at Data General and Lotus, Barnes ran business development at news aggregator NewsEdge (which went public in 1995), and most recently co-founded trueAnthem, a social media platform that connects brands with influencers. With experience as both an investor and an entrepreneur, Barnes also brings first-hand insight into the private investing industry to his new role at CapLinked.
Companies use CapLinked to manage the previously cumbersome processes of raising money, networking with new prospects, and handling investor relations after the investment is complete. Accredited and professional investors use CapLinked to review deals, conduct due diligence, and keep track of their portfolio of private investments. Advisors—such as lawyers, consultants, board members, and broker-dealers—use CapLinked to receive information, review deals, and network with prospective clients.
CapLinked was co-founded by Eric M. Jackson (PayPal's first head of US marketing and author of the book “The PayPal Wars”) and Christopher Grey (former managing director at a subsidiary of Emigrant Bank, the largest privately owned bank in the country), and its financial backers include many PayPal alumni, including Peter Thiel (co-founder of PayPal and the first investor in Facebook), Dave McClure (founding partner of 500 Startups), David Sacks (CEO of Yammer), and Joe Lonsdale (co-founder of Palantir Technologies). Other investors include David Anderson (managing partner of 7th Rig) and Stephan Paternot (co-founder of TheGlobe.com).
CapLinked (https://secure.caplinked.com/) is an online platform for private companies, investors, and their advisors to network, manage a capital raise or asset sale, and exchange updates. CapLinked makes private investment easy, secure, and social.
For more information or to arrange an interview with CapLinked CEO Eric M. Jackson, contact Shannon Matthews at firstname.lastname@example.org or (310) 896-5045.