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Roadie launches with $10 mln in Series A funding

Roadie, Inc, a mobile app that tries to link up people who need things delivered with drivers with unused passenger capacity in their vehicles, has raised $10 million in Series A funding. Investors participating in the funding round include UPS Strategic Enterprise Fund, TomorrowVentures, Warren Stephens of Stephens Inc., Guggenheim Partners Executive Chairman Alan Schwartz, Square co-founder Jim McKelvey, the Mellon Group and former ISS CEO Tom Noonan.

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Kabbage raises fresh $50 mln in SoftBank-led round

Kabbage, an online lender for small businesses, has raised a $50 million Series D round led by SoftBank Capital. Also participating in the round is TCW/Craton, Lumia Capital and existing investors, including UPS Strategic Enterprise Fund, Thomvest Ventures, BlueRun Ventures, Mohr Davidow Ventures and individuals David Bonderman and Warren Stephens. As part of the latest round, Steve Murray, a partner at SoftBank, has joined the board. Atlanta-based Kabbage has now raised about $106 million in equity since 2010.

Kabbage Raises Plenty of Green for Itself

Atlanta-based Kabbage, which provides capital to small and mid-sized online merchants, has raised $30 million in Series C funding. The company has now raised $56 million in total equity. The latest round was led by Thomvest Ventures, the venture arm of Peter Thomson, who’s also a director of Thomson Reuters (owner of peHUB). Joining in the round are UPS Strategic Enterprise Fund, Mohr Davidow Ventures, BlueRun Ventures, SV Angel and individuals Warren Stephens and David Bonderman.

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