Lending platform Upstart grabs $35 mln

Upstart has secured $35 million in Series C funding, according to a blog post by CEO Dave Girouard. Third Point Ventures led the round with participation from other investors that included Khosla Ventures, First Round Capital and Collaborative Fund. Based in Palo Alto, California, Upstart is a lending platform that aims to finance people based on signs of their potential including employment history and academic performance.