Thursday, March 19, 2015

Fundbox Finds $40M

San Francisco-based Fundbox, a startup which offers up a small business financing service which pays small businesses based on their incoming invoices, has raised $40M in a Series B financing. The funding was led by General Catalyst Partners, and also included Khosla Ventures, Shlomo Kramer, Blumberg Capital, NyCa Investment Partner, and others. The company said it has also raised a new, credit facility from Silicon Valley Bank and others. Size of that new credit facility was not announced. Fundbox is led by Eyal Shinar.