Menlo leads $60 mln funding of fintech company BlueVine

Redwood City, California-based BlueVine, which provides financing to small and medium-sized businesses, announced that has raised $60 million in equity funding. The Series E funding round was led by Menlo Ventures, and includes new investors, such as SVB Capital. The company, which has raised more than $500 million in debt and equity since it was founded in 2013, said all major existing investors also participated in the round.

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