In The Press
Press inquiries: Jeff Pecor, Tailwind PR, 802.497.1932, jeff@tailwindpr.com
Press Releases:
Lighter Capital to Present at All About the Cloud
CEO of Lighter Capital to discuss Capital-as-a-Service Funding
Model at Leading Cloud Computing Conference April 30, 2013
Lighter Capital, a pioneer of the revenue-based financing model, today announced
that BJ Lackland, CEO of Lighter Capital, will be presenting at All About the Cloud
(AATC), the leading conference on cloud computing, on Tuesday, May 7th at 1:35 pm
PDT.
Lackland will be part of the “VC & Investor Outlook” panel that will discuss the
current state of the private equity investment industry. The panel will be moderated
by Dylan Tweney, Executive Editor of Venture Beat, and will feature other investment
executives, including Todd Gardner, CEO of SaaS Capital, Craig Hansen, Partner at
Next World Capital, and Lars Leckie, Managing Director at Hummer Winblad Venture
Partners.
Venture capital-backed investor Lighter Capital
names Molly Otter VP February 26, 2013
Venture capital-backed investor Lighter Capital has appointed Molly Otter as vice
president to “shape the future” of the Seattle-based firm’s lending practices.
Otter, [...] has joined the firm from AEA Investors, where she served as a vice
president and played a key role in closing the first mezzanine fund.
Lighter Capital Announces New CEO
July 19, 2012
Lighter Capital, a leading pioneer of the revenue-based financing model, today announced
that Andy Sack, the Company’s Founder, has chosen to become the company’s Executive
Chairman, and that BJ Lackland has been appointed as CEO.
“Stepping back from the day-to-day CEO role and moving to Executive Chairman was
a decision that makes sense for the organization and for me personally,” Sack said.
“I remain passionate about the Lighter Capital business and the revenue-based financing
model, so I’m very much looking forward to working with BJ. I’m also looking forward
to being able to spend more time on my efforts at TechStars Seattle and Founder’s
Co-Op.”
Small Businesses Embrace Revenue-Based Financing
From Lighter Capital
Automated Investment Engine Enables Entrepreneurs to Immediately
Scope Deal Terms & Jump-Start the Funding Process June 28,
2012
Lighter Capital, a leading pioneer of the revenue-based financing model, today announced
that it has made three new investments in small technology businesses, including
BinaryWave, HarborCloud, and TheDatabank. With these new investments, Lighter Capital's
portfolio grows to 16 companies and 21 total financings amounting to $2.3 million.
"Alternative forms of funding such as Revenue-Based Financing are rapidly gaining
appeal among small businesses that aren't a match for bank debt financing or venture
funding," said Rob Belcher , Principal of Lighter Capital. "The Revenue-Based Financing
model can provide capital now to help small businesses grow to that next level,
while avoiding dilution, loss of company control, personal guarantees, or fixed
repayment schedules. This kind of financing aligns the goals of the investor and
the business owner towards mutual success."
Lighter Capital Named Finalist for Washington
Technology Industry Association's Technology Accelerator Award
Winners to be announced via awards celebration on March 15th in
SeattleFebruary 9, 2012
Lighter Capital announced today that it has been named a finalist for the Technology
Accelerator Award as part of the Washington Technology Association (WTIA)’s 17th
annual Industry Achievement Awards (IAA). The awards recognize Washington state
companies, organizations and individuals who best demonstrate technology and service
innovation and excellence. For more information and to register for the event, visit:
www.washingtontechnology.org/IAA.
"We’re fortunate to live and work in a state with such a diverse and vibrant technology
community, said Susan Sigl, president and CEO of the WTIA. "These finalists represent
the most creative and innovative companies and individuals in our industry and deserve
the highest congratulations."
As Market Spooks Investors, Lighter Capital Commits $500K to Business
Funding Countdown August 10, 2011
Lighter Capital, the small-business finance company, today started a countdown to
fund up to $500,000 to an "explosive" business that applies by August 31. Applying
companies must have the potential for "explosive" revenue growth.
"We heard the banks were tightening credit, so we decided to do the opposite. We
have a clock ticking to invest half a million bucks in at least one company by 5pm
PST on August 31," said Randall Lucas , VP of Lighter Capital. "If the banks aren't
going to fund awesome, growing companies, we will, no matter what the market does."
What people are saying about us:
Investors
Money doesn’t come from thin air, we got it from some awesome financial institutions
who think we’re onto something:
Founder’s
Co-Op, Summit Capital (Rob Martin), Voyager Capital
(Erik Benson)
Media
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