Wednesday, January 11, 2017
GoFundMe Acquires CrowdRise
Redwood City- and San Diego-based online crowdfunding site GoFundMe has acquired CrowdRise, the developer of an online funraising platform for charities and non-profits, the company said on Tuesday. Financial details of the acquisition were not disclosed. CrowdRise was based in Detroit. According to the companies, going forwad, CrowdRise will focus on fundraising for charity and fundraising for individuals will be directed to GoFundMe instead. CrowdRise was founded by actor Edward Norton, producer Shauna Robertson, along with Robert and Jeffrey Wolfe.