San Francisco-based Prosper, the personal lending site focused on allowing people to loan money to other users, said today that it has closed on $20M in a Series C round. The funding was led by DAG VEntures and Meritech Capital Partners, and also included existing investors Accel Partners, Benchmark Capital, Fidelity Ventures and Omidyar Network. The funding brings the company's total capital raise to $40M. Prosper allows anyone to list and bid on personal loans to users. More information »