Lending Club Obtains $25,000,000 Series D Funding Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=49a863a6-46ed-4230-9094-c5a741a098dd&Preview=1 - Date
8/3/2011 - Company Name
Lending Club - Mailing Address
370 Convention Way Redwood City, CA 94063 - Company Description
Lending Club is an online lending community where people can borrow and lend money, bypass the banks, and get better rates. By working together, members can borrow money more easily and at a better rate than they would get from a bank, or invest in a pool of loans at higher rates than those served by savings accounts or CDs. - Website
http://www.lendingclub.com - Transaction Type
Venture Equity - Transaction Amount
$25,000,000 - Transaction Round
Series D - Proceeds Purposes
Proceeds purposes were not disclosed. - M&A Terms
- Venture Investor
Union Square Ventures - Venture Investor
Morgenthaler Ventures - Venture Investor
Norwest Venture Partners - Venture Investor
Canaan Partners
