Canaan Partners

  • Web TV Network Blip.tv Raises $10.1 Million More From Canaan And Bain

    Online TV network blip.tv today announced the closing of its third round of institutional capital, which effectively more than doubles the amount of money the company has secured to date. The Series C round was led by Canaan Partners and existing investors Bain Capital Ventures. The company says it will use its new funding to accelerate the growth of the independent Web shows that the… Read More

  • Peer Lending Site Lending Club Raises $24.5 Million Series C Round

    Peer Lending Site Lending Club Raises $24.5 Million Series C Round

    A big round for a company that originally started out as a Facebook app: peer lending network operator Lending Club has secured a $24.5 million Series C financing round led by Foundation Capital and joined by existing investors including Morgenthaler Ventures, Norwest Venture Partners and Canaan Partners. This brings the total of capital injected into the company to $52.7 million. Read More