Follow The Money: 10 Recent Tech VC Investments To Watch In August


Zebit

HQ: San Diego

CEO: Michael Thiemann
New Funding: $25 million
Round: D
Backers: Mohr Davidow, Crosslink Capital, Leapfrog Ventures, QED Investors, others

Microlending platform Zebit's funding round actually happened at the beginning of the summer, but the buzz on the company -- which describes itself as "the first end-to-end big data platform-as-a-service provider in the financial space" -- has been strong enough to hold industry attention for the last few months. Zebit's platform essentially offers online retailers and other transacting companies the ability to prove credit to customers who can't otherwise obtain it, using analytics to identify responsible customers and manage risk. The company said it's completed well over 1 million transactions.

 



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