Canaan Partners

  • 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