Seattle’s Lighter Capital, which offers an alternative to venture capital and traditional bank loans, today announced a new $ 100 million fund that will be used to make 500 investments in tech startups. Lighter Capital has helped companies such as Cloudbilt, Refer.com, Fusion Labs, Redspin and other with financing, providing an alternative to venture capital where entrepreneurs must forfeit equity. The new fund comes from Community Investment Management and will help Lighter Capital increase its total investment per company from $ 1 million to $ 2 million. Lighter Capital uses proprietary technology to streamline the lending process for entrepreneurs, creating what it says is a more efficient… Read More
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