CommonBond, the startup that leverages data and technology to help students save money on their student loans, has some big news.

Today, the company announced it had raised $300 million in debt financing, and another $30 million in equity. The $30 million Series C round was led by Neuberger Berman Private Equity, joining existing CommonBond investors August Capital, Tribeca Venture Partners, Social Capital, Nyca Partners and Victory Park Capital.

The company also announced today it acquired Gradible, a platform that helps students manage and optimize their student loans. With the acquisition, CommonBond can now offer employers a full suite of student loan repayment programs for their employees, including assessments of financial situations and contribution options for direct payments.

“We’ve had a phenomenal stretch of growth this past year, and today’s announcement powers even more going forward," said CommonBond co-founder and CEO, David Klein. "Our mission is to have as broad an impact as possible on the financial health of consumers in the U.S. And with our new investors and our new suite of employer-based products, we're able to take our mission to the next level, now reaching all 40 million Americans with student debt, regardless of their financial profile."

CommonBond plans on using the new funding to hire across the company, build out its technology platforms for consumers and employers and continue to scale its loan operations.

With the new funding, CommonBond will surpass $1 billion in financing across equity and debt.

Know of a company that deserves coverage? Let us know or tweet us @builtinnewyork.