Rockville-based CoFoundersLab was the first to announce it was taking advantage of "general solicitation" to raise money, back in September, and now, the
Wall Street Journal reports, the company has raised $155,000.
Part of the JOBS Act removed the ban on "general solicitation," which means that companies are now allowed to tell the public, not just accredited investors, that they are raising money.
This isn't the same as true crowdfunding--even though general solicitation is now allowed, it doesn't mean that startups taking this path can accept cash from anyone but accredited investors--but the feat did land CoFoundersLab a mention in the
WSJ. Neat.