Kabbage, a lender to online businesses, has raised more than $25m in equity and debt after its latest round of funding.
Kabbage, a US-based lender to online businesses, has raised $17m from investors including a corporate venturing fund of US-based logistics company UPS and David Bonderman, a founder of US-based buyout firm TPG Capital.
The UPS Strategic Enterprise Fund was also joined by venture capital firms Mohr Davidow Ventures, which led the round, and BlueRun Ventures, which span out of Finland-based phone maker Nokia in 2005 but retains its former parent as a limited partner in its funds; and angel…
