SoMoLend, founded by Candace Klein, Raises another $400,000 in Seed Funding. Watch Candace Talk about Crowdfunding.

SoMoLend, the social, mobile, local technology platform founded by Candace Klein that connects business borrowers seeking loans of $1 million or less with lenders looking to make a return on their investment, raised another $400,000 in seed funding to close out their seed funding round of $2.18 million. Read more in the globenewswire press release. Watch Candace and learn about crowd funding and peer-to-peer lending.