In huge news for the venture capital world, the SEC officially announced that it will not recommend enforcement action against online investment platform FundersClub.
Video advertising platform Virool raises $6.6 million in seed funding, which is the largest seed round in Y Combinator's history.
Online investment platform FundersClub closes its first fund, raising $500K for video startup Virool.
Funders Club is attempting to build the future of NASDAQ.
Since its launch three weeks ago, Funders Club has raised over $1 million dollars for startups.