San Francisco -- Lending Club, the San Francisco-based developer of an online platform for investing in and obtaining personal loans, said on Wednesday it has landed a $15 million investment from Menlo Park-based Kleiner Perkins Caufield & Byers (KPCB). The company also received a $2.5 million investment from John Mack, who recently joined Lending Club's board and currently serves as chairman emeritus of Morgan Stanley. Lending Club now has raised $100 million since its inception, bringing its total in unrestricted cash to more than $45 million. Mary Meeker, a general partner at KPCB, will join the company's board of directors.
http://www.lendingclub.com
http://www.kpcb.com/
http://www.lendingclub.com/public/lending-club-press-2012-06-05.action
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