MMKT collects $5.9 mln

New York City-based MMKT Exchange LLC, a secure digital exchange, has raised $5.9 million in funding. QED Investors led the round with participation from other backers that included Victory Park Capital, Fifth Street Asset Management Inc, Vikram Pandit, founding principal of The Orogen Group and Ron Suber, president of Prosper Marketplace.


Fundera inks $11.5 mln Series B

New York City-based Fundera, an online credit marketplace for small businesses, has raised $11.5 million in Series B funding. Susquehanna Growth Equity led the round with participation from previous backers that included QED Investors, Khosla Ventures and First Round Capital. In addition to the funding, Scott Feldman, a managing director at Susquehanna Growth Equity, has been appointed to Fundera’s board of directors.


Ribbit Capital leads $7 mln funding in GuiaBolso

Ribbit Capital led a $7 million funding round in GuiaBolso, a personal finance management platform. Other investors in the funding include Omidyar Network, QED Investors, Ed Baker, head of growth for Uber, Mark Goines, an early investor in Mint.com, and Peter Kellner, co-founder of Endeavor. Existing investors Kaszek Ventures, e.Bricks and Valor Capital participated in the funding.


Signifyd inks $7 mln Series A

San Jose, California-based Signifyd, a provider of fraud protection solutions for the e-commerce sector, has secured $7 million in Series A funding. Allegis Capital led the round with participation from Resolute Ventures, IA Ventures, QED Investors, Lucas Ventures and Tekton Ventures. In addition to the funding, Pete Bodine, managing director at Allegis Capital, has been appointed to Signifyd’s board of directors.


Aspect, DBL, QED invest in millennial-focused job search site The Muse

New York-based The Muse, provider of a career and jobs search site targeted to millennials, announced it has raised $10 million in Series A funding from Aspect Ventures, DBL Partners and QED Investors. Theresia Gouw from Aspect and Nancy Pfund from DBL are joining the board as a result of the fund. Caribou Honig from QED is joining as a board observer. The company, which targets millennials and has grown to 3 million users per month through word-of-mouth, previously raised $2.8 million in funding, including a $1.3 million debt round in 2012 and $1.5 million seed funding in 2013. Co-founder and CEO Kathryn Minshew told peHUB that the company employs 33 fulltime people in New York and is looking to add 25 over the next several months. 


ApplePie Capital fetches $6 mln Series A

San Francisco-based ApplePie Capital, a marketplace lender for franchise entrepreneurs, has raised $6 million in Series A funding. Signia Venture Partners led the round with participation from other investors that included Freestyle Capital and QED Investors. Also, the company has secured more than $28 million in debt capital commitments from unnamed investors.


Remitly nets $12.5 mln Series B

Seattle-based Remitly Inc, an online remittance service, has secured $12.5 million in Series B funding. DFJ led the round with participation from DN Capital, QED Investors and Trilogy Equity Partners. In conjunction with the funding, William Bryant, a partner at DFJ, has been named to Remitly’s board of directors. According to the company, the capital infusion will be used for personnel hiring, scaling marketing efforts, and service expansion.


PeerTransfer nets $22 mln

PeerTransfer, a Boston-based provider of payment solutions for the education sector, has received $22 million in funding. Bain Capital Ventures led the round with participation from previous backers that included Spark Capital, Devonshire Investors, Accel Partners and QED Investors.


VC-backed ApplePie launches with nearly $4 mln in funding

San Francisco-based ApplePie Capital, a provider of a marketplace lending platform for franchise entrepreneurs, announced its launch today and disclosed that it has raised $3.77 million in funding. Investors include Freestyle Capital, QED Investors, Signia Venture Partners and angel investors. The company, which was founded in 2013, said it raised the funding in July 2014.


Credit Karma raises $75 mln in growth round

Google Capital, Tiger Global Management and Susquehanna Growth Equity have provided a $75 million add-on growth round in Credit Karma, a consumer finance and technology company. Google Capital’s portion of the funding is subject to regulatory approval and is expected to close in the fourth quarter. Credit Karma has raised a total of $193.5 million from Google Capital, Tiger, Susquehanna, Ribbit Capital, Felicis Ventures, QED Investors, Founders Fund and SV Angel.


Online mortgage lender Privlo rakes in $353.8 mln

Privlo, an online mortgage lender based in Santa Monica, Calif., has received $353.8 million in funding. This amount includes $3.8 million from Spark Capital and QED Investors as well as up to $350 million in debt financing from an undisclosed New York-based private real estate investment fund.

Meritech leads $33 mln round in small business lender CAN Capital

Meritech Capital Partners has led a $33 million Series C round in CAN Capital, a New York-based provider of alternative financing for small businesses. Joining the round are existing investor Accel Partners, Ribbit Capital and QED Investors. As part of the funding, Mike Gordon, managing director at Meritech, has joined the board.

33Across Adds Three Execs

33Across, a New York-based social targeting platform whose technology tracks possible customers among friends, has hired three new executives: Sachin Devand, Carine Roman, and Pedro Mejia. which provides technology to track possible customers among friends. Devand, who joins as VP of Platform Products, was previous VP of Advertising Products at LucidMedia. Roman, now the company’s […]

Valen Technologies Adds $7.5M from Investors

QED Investors and Core Capital Partners have put $7.5 million into Valen Technologies, a provider of predictive analytics technology for the insurance industry. The money will help Valen with data consortium expansion, predictive analytics platform enhancements, channel development, sales and marketing.

33Across Closes $9 Mln Funding Round led by Flybridge

My “friends,” or people I’m socially connected to, are a potential goldmine for some retailers.

That’s according to 33Across, which provides technology to track possible customers among friends, says cofounder Eric Wheeler.

For example, if I buy something off of eBay, 33Across identifies possible purchasers and shoppers that are socially connected me. The company does this by placing a cookie on a browser that lets retailers track potential buyers (users can opt out of the cookie, Wheeler says). “It’s not behavioral,” Wheeler says. “We identify the anonymous connections of consumers that are buying and shopping a certain brand.”

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