On Deck, a US-based small business loans company, has raised $42m in its series D round, to take its total since launch to $80m, from a consortium including SAP Ventures, the corporate venturing unit of the eponymous Germany-based software provider. Venture capital firm Institutional Venture Partners led the D round as a new investor, and was joined by VC peers RRE Ventures and First Round Capital as well as SAP Ventures.
On Deck said it had now deployed $400m to…