Zebit closes $25M in venture funding for microlending website

If you’re looking to expand your business and/or purchase something you desperately need, but your credit is low, take a look at Zebit. The San Diego-based data platform that supports micro-lending businesses from start to finish, raised $25 million in a series D funding round led by Mohr Davidow Ventures along with Leapfrog Ventures, QED Investors and Crosslink Capital.

Lance Tokuda’s SchoolFeed rounds up $1.75M for fast-growing classmates network

Lance Tokuda was looking for an old high school friend, but instead he found his second big social networking startup. The co-founder of game publisher RockYou happened to find an old acquaintance from high school on Classmates.com, which has more than 60 million users. But when he was going to email her, he found that Classmates.com was going to charge him $60 for that privilege.