Over the past two weeks, Kabbage, a provider of capital to online small businesses, made two big announcements.

First, it raised $30 million in Series C financing. This installment brings Kabbage's total financing to $56 million. Investors include:

• Thomvest Ventures
• UPS Strategic Enterprise Fund
• Mohr Davidow Ventures
• BlueRun Ventures
• Warren Stephens
• David Bonderman

According to Forbes, Kabbage plans to use the $30 million to expand the business by funding offline businesses as well.

Kabbage also announced that Scott Thompson, former President of PayPal, will join its board of directors. The Atlanta-based startup's board currently includes:

• Rob Frohwein (Kabbage CEO)
• Marc Gorlin (Kabbage Chairman and Co-Founder)
• Bryan Stolle (General Partner Mohr Davidow Ventures)
• Jonathan Ebinger (Partner Blue Run Ventures)
• Bruce Miller (Managing Director Stephens)
• Don Butler (Managing Director of Thomvest Ventures)

To learn more about Kabbage, watch its FinovateSpring 2012 demo.