Prosper Marketplace Garners $25,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=29e53086-a91c-44d6-b94c-4186c4c26ff4
Date
9/24/2013
Company Name
Prosper Marketplace
Mailing Address
111 Sutter Street 22nd Floor San Francisco, CA 94104
Company Description
Prosper, America’s first people-to-people lending marketplace, was created to make consumer lending more financially and socially rewarding for everyone.
Website
http://www.prosper.com
Transaction Type
Venture Equity
Transaction Amount
$25,000,000
Transaction Round
Undisclosed
Proceeds Purposes
This round of financing will be instrumental as we continue to invest in our infrastructure, products and customer acquisition in order to further fuel our growth.
M&A Terms
Venture Investor
Sequoia Capital
Venture Investor
BlackRock
Venture Investor
Undisclosed