Global crowdfunding platforms raised US$2.7 billion and funded more than 1 million campaigns in 2012, according to a report produced by industry research firm Massolution. As a result, crowdfunding activity last year was 81% greater than activity in 2011. The Massolution report, 2013CF The Crowdfunding Industry Report, forecasts a further increase in global crowdfunding volumes to as much as US$5.1 billion in 2013.
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