This week, three Finovate alumni reached significant funding milestones.
New round
$14 million Series B from Wellington Partners, Balderton Capital, TTV Capital, and Patagorang
Funding History
$12.1 million Series A in July 2010
Previous Investors
Balderton Capital, Stanley S. Shuman of Allen & Co., and Total Technology Ventures
Profile
Market Position: Online Payments and Personal Financial Management
Founded: 1999
Locations: Denver, London, Australia, and China
Description
eWise creates payment and financial management solutions for financial institutions including:
- eWise Pay By Account
- eWise Pay Anyone
- eWise Account Aggregation
- eWise Personal Financial Manager
- eWise eAuthentication
For more information on eWise’s innovations, see their FinovateEurope 2011 and FinovateSpring 2011 demos.
New Round
$17.2 million from Draper Fisher Jurvetson, Crosslink Capital, Accel Partners, CompuCredit, Omidyar Network, Eric Schmidt’s TomorrowVentures and Volition Capital
Funding History
$7.5 million Series A in April 2005
$12.5 million Series B in February 2006
$20 million Series C in June 2007
$14.5 million Series D in April 2010
Previous Investors
Accel Partners, Benchmark Capital, DAG Ventures, Eric Schmidt
Fidelity Ventures, Meritech Capital Partners, Omidyar Network, QED Investors, and TomorrowVentures
Profile
Market Position: Peer-to-peer Lending
Founded: 2006
Location: San Francisco, CA
Description
Prosper, a peer-to-peer lending site with over one million members, has funded $236 million in personal loans. To see Prosper in action, check out their FinovateStartup 2007, FinovateStartup 2008, and FinovateStartup 2009 demos.
New Round
$20 million Series B funding from Andreessen Horowitz, Leapfrog Ventures, Seraph Group, and Startup Capital Ventures
Funding History
$2.1 million Series A in September 2008
Previous Investors
Leapfrog Ventures, Seraph Group, Startup Capital Ventures
Profile
Market Position: Security
Founded: 2008
Location: Palo Alto, CA
Description
Silver Tail Systems’ products detect online and mobile fraud, help investigate possible attacks, and prevent future attacks. To learn more about Silver Tail Systems’ innovative fraud detection, check out their FinovateStartup 2009, Finovate 2009, FinovateSpring 2010, FinovateFall 2010, FinovateEurope 2011, and FinovateSpring 2011 demos.