A total of 534 out of 3,361 companies successfully hit their equity crowdfunding target in year one, thank you Title II of the JOBS Act. According to Crowdnetic, $217.7 million equity capital was raised, which averages $407, 685 per company. Despite the 2, 824 that did not get funded, I see the one-year anniversary of the JOBS Act Title II provisions as a success—perhaps this is because of my rose colored entrepreneurial glasses, but $217.7 million capital raised is an indicator that publicly soliciting funds from accredited investors has created access to a new funding stream.