BlueVine Raises $18.5M In Series B Funding

January 25, 2015 | The small business financing network BlueVine announced that it raised $18.5 million in Series B funding. The investment round was led by the newly branded Greylock Partners IL, now known as 83North, as well as Lightspeed Venture Partners, Silicon Valley Bank, Correlation Ventures and other private investors. The company will reportedly use the funds to expand sales and marketing activity, operations, employment opportunities, and to pursue new software integrations. BlueVine allows small business owners to open a white-label bank account and fund their invoices with the click of a button, at attractive return rates. BlueVine was founded in 2013 by Nir Klar and Eyal Lifshitz.