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Patch of Land Nets Venture Capital Debt

Thursday, March 13, 2014 5:53:00 AM PDT | VentureDeal
   Walnut, CA  --  Financial services company Patch of Land has received $376,500 in venture capital debt financing, according to an SEC regulatory filing.

Patch of Land operates a website that provides crowdfunding services for commercial real estate projects.

Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

According to the filing, Patch of Land is still seeking $44,500 in additional debt financing, in minimum increments of $5,000.

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