Prosper Marketplace Lands $70,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=64ebac52-c305-4a03-9f12-b2be550c57ea
Date
5/5/2014
Company Name
Prosper Marketplace
Mailing Address
101 Second Street 15th Floor San Francisco, CA 94105 USA
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
$70,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Financially, Prosper Marketplace is in a very solid place and this capital will be used to expand the business, advance our technology, and hire the very best talent.
M&A Terms
Venture Investor
Venture Investor
Venture Investor