Peer lending network LendingClub.com announced today that it has closed a $12 million Series B round of funding. Morgenthaler Ventures led the round and will have Principal Rebecca Lynn sitting on the Lending Club Board of Directors. Lending Club also announced that it has appointed Pamela Kramer to be its new Chief Marketing Officer.
Prior to joining Lending Club, Kramer was Chief Marketing Officer of MarketTools, Inc. Before that she spent 9 years in various leadership roles with E*TRADE Financial.
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