Fenwick & West Represents LendingClub in $17.5M Series E Investment

June 12, 2012

Fenwick & West LLP represented LendingClub Corporation, the leading platform for investing in and obtaining personal loans, in its recently announced Series E Financing of up to $17.5 million from Kleiner Perkins Caufield & Byers (KPCB) and John J. Mack, a member of the LendingClub Board of Directors. This round of funding brings the company’s total amount raised to date to $100 million, bringing the company's total in unrestricted cash to more than $45 million.

More information can be obtained from the official LendingClub announcement: Kleiner Perkins Caufield & Byers Invests in LendingClub.

The Fenwick transaction team was led by corporate partner Cynthia Clarfield Hess and corporate associates David M. Campbell and Cynthia Hsieh.