Prosper Raises $70M

ProsperPeer-to-peer lending company Prosper has raised $70 million. The round was led by Francisco Partners. Institutional Venture Partners and Phenomen Ventures also participated in the round. David Golob from Francisco Partners is joining the Prosper board.

[Image courtesy: Prosper]

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Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of, and Steadfast Venture Capital.