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Credit Sesame Scores $12 Million in Series C Funding

Thumbnail image for CreditSesameLogo.jpg

Credit- and debt-monitoring service Credit Sesame, announced today that it raised $12 million in Series C funding from the following investors:

    • Globespan Capital Partners 
    • Menlo Ventures
    • Inventus Capital

The round brings Credit Sesame’s total funding to almost $20 million and is intended to help the company expand its customer base.

Credit Sesame has already seen a lot of growth since it launched in April of 2010: 

    • Oversees more than $22 billion in consumer debt
    • Finds $175 million a month in savings for users
    • Almost half frequent the site 2- 3 times per month   
    • Revenue growth has quadrupled quarter over quarter

To learn more about Credit Sesame, watch its FinovateFall 2011 demo.