TOP NEWS Gets $12M From Bond Guru

Costa Mesa-based, which operates a peer-to-peer, lending site led by Scott Saunders--and whose Chief Scientist is Galen Buckwalter, who was the Chief Scientific Officer at eHarmony--has raised $12M in a funding effort. The funding was led by Mohamed El-Erian, the finance guru who was at Pacific Investment Management Co. Other details on the funding have not yet been released.