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September 25, 2013 01:51 am GMT

Lending Marketplace Prosper Locks Down $25M From Sequoia, BlackRock

2013-09-24_14h38_35Today Prosper, a peer-to-peer lending platform announced that it has raised an additional $25 million. The round was led by Sequoia, a longtime investor in the company, and was participated in by BlackRock.According to the company, today's funding was not raised out of duress, but was instead a component to the new direction it kicked off in earlier this year.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/7DZvDVC6J2k/

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