Tuesday, August 15, 2006

CircleLending Raises $8 Million in Second Round - Waltham, MA

CircleLending, a Waltham-based manger of loans between individuals, has raised $8 million in its second round of venture capital, Private Equity Week reported on Tuesday, citing a regulatory filing. CircleLending launched its first product in 2001. The company said that its loan volume has been growing at over 25% per quarter, comprised of loans as small as $500 and as large as $500,000.



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