SMB neobank Nearside gets $58M Series B

Nearside, the online bank for SMBs formerly called Hatch, announced today it has raised a $58 million Series B, just seven months after announcing its Series A.

The latest round was led by Valar Ventures, with participation from Kleiner Perkins, Foundation Capital, Breyer Capital founder Jim Breyer, Creative Artists Agency founder Michael Ovitz, Flexport founder Ryan Petersen and Eventbrite founder Kevin Hartz.

Read more: TechCrunch