Even raises $40 mln in Khosla-led round

Oakland-based Even , provider of a financial app to to help hourly workers manage their pay, announced it has raised $40 million in new funding. The round was led by Khosla Ventures, with participation from Valar Ventures, Allen & Company, Harrison Metal, Ron Conway, Silicon Valley Bank, Bull City Venture Partners and others. The company has raised more than $50 million since it was founded in 2014.

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