Thursday, August 24, 2017

Blend Gets $100M For Mortgage Lending Platform

San Francisco-based Blend, a developer of consumer lending tools, said today that it has raised $100M in a Series D funding round. The funding was led by Greylock Partners, and also included Emergence Capital, 8VC, Lightspeed Venture Partners, and NYCA Partners. Blend's software is used for automating the morgage lending process for home buyers. Nima Ghamsari is CEO and founder of Blend, which has now raised $166M in total.