BillShrink Closes $8 Million in Series B Funding

View Comments ()
|
Email
|
Print

    NEWSLETTERS

    BillShrink is a personal finance site, its main aim being saving you money - whether it’s through better management of your credit cards or your monthly phone bill.

    Today, BillShrink announced that they’ve raised $8 million in Series B funding, led by Trinity Ventures and Bessemer Venture Partners. This, together with their Series A funding, led by Bessemer Venture Partners, brings their total funding to $9 million.

    They’ll use the money to develop new applications which should, as they say, help users further “shrink their bills;” BillShrink CEO Peter Pham hints that one of these might be “market tracking alerts.” The timing is definitely right for personal finance/savings applications, since the economy is looking everything but good nowadays, and people are desperately seeking advice on how to weather the storm.

    ---
    Related Articles at Mashable | All That's New on the Web:

    billshrink Reveals the True Costs of Your iPhone 3G
    BillShrink Wants to Help You Manage Your Credit Cards
    Undisclosed Buzzd Funding Amount Finally Comes To Light
    ThisNext Gets Another $5M So Social Shopping Can Live On
    Demand Media Raises Another $35M in Series D Funding
    Technorati Takes $7.6 million in Series C Funding
    Is Digg Going to Announce Plans for Series C Funding at Town Hall Tonight?