Kabbage Raises $17 M of Series B Funding

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Kabbage

B Round: $17,000,000

Founded: 12/2009
Industry: Mobile

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Atlanta, Georgia – Kabbage, a financing platform service provider for online merchants has raised $17 M of Series B Funding of series B funding from Mohr Davidow Ventures and BlueRun Ventures

The funding was also made possible by angel investors David Bonderman, Warren Stephens, Jim McKelvey and some undisclosed investors.

The new funding will be used to add additional marketplaces, distribution relationships, new financial products and for international expansion. The total funding of Kabbage now amounts to $24 million.

 
Funding

Funding Total: $17,000,000

Round Date Amount Pre Amount Post Amount
B 08/2011 $17,000,000
Investors: Mohr Davidow Ventures, BlueRun Ventures

See all fundings here

 
Founders

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