On Deck said it raised $17 million as an expansion of its Series D financing in a deal led by Google Ventures and joined by PayPal co-founder Peter Thiel and Industry Ventures. The Series D now totals $59 million, with $42 million having closed in February. The first tranche of Series D financing was led by Institutional Venture Partners and joined by RRE Ventures, SAP Ventures and First Round Capital.
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On Deck said it raised $42 million in Series D financing in a deal led by Institutional Venture Partners and joined by existing investors RRE Ventures, SAP Ventures and First Round Capital. The round was oversubscribed.
New York-based On Deck, a four-year-old technology platform and lender that faciliates loans to small business owners, has raised a $15 million Series C financing led by SAP Ventures. The company hasn’t disclosed whether there were other participants in the round, though On Deck has previously raised money from Contour Venture Partners, First Round Capital, Khosla Ventures, RRE [...]