Wednesday, December 14, 2016

BlueVine Gets $49M For Small Business Financing

Redwood City-based BlueVine, a fintech startup which is providing small business financing, has raised $49M in a Series D funding, the company announced today. The funding came from Lightspeed Venture Partners, Menlo Ventures, 83North, Citi Ventures, Rakuten FinTech Fund and Silicon Valley Bank. Bluevine offers up invoice factoring, providing funds upfront to businesses based on their outstanding invoices. The company is led by Eyal Lifshitz. More information »