Startups around the world raised $1.8 billion through 453 crowdfunding sites in 2011, a British report says.
The number of crowdfunding sites grew by 60 last year, topping growth of 38 per cent in 2008, according to the study by the UK-based innovation foundation Nesta.
In Europe there were five portals for equity crowdfunding (which allows donors to take an equity stake in the venture to which they give money) operating at the end of 2011 which raised a combined total of $12.2 million. Three more equity crowdfunding sites are slated to launch in Europe by the end of this year.
To read the full, original article click on this link: Number of crowdfunding sites jumped 60 per cent globally in 2011
