BancBox, payment services provider, has announced a new service and correlating API: BancBox Crowd. BancBox Crowd consists of the first independent escrow service for debt, equity, and revenue share crowdfunding portals. The service provides an online portal that eliminates the legacy escrow process (e.g. paperwork, waiting, etc.).
Stormpath, user management and authentication service, recently announced a new round of funding that will allow it to enhance the Stormpath API. The Stormpath team believes that its API presents a disruptive technology that empowers developers at the SMB level through technology not available to enterprises utilizing legacy tools and software.