The Bankwatch

Tracking the consumer evolution of financial services

Wesabe announces that the company closed a $4 million Series A round

While we are on the topic of Open source Banking/ Social Finance companies funding, here is Wesabe closing a $4 million Series A, yesterday.

BERKELEY, Calif., June 20, 2007 – Wesabe, a personal finance start-up, today announced that the company closed a $4 million Series A round, led by Union Square Ventures (USV). An early-stage fund based in New York, USV’s best-known deals include investments in FeedBurner (acquired by Google) and de.licio.us (acquired by Yahoo!). O’Reilly AlphaTech Ventures, the lead seed round investor in Wesabe, also participated in the Series A round.

Source Wesabe

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Written by Colin Henderson

June 20, 2007 at 18:39

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