Wednesday, November 14, 2007

Billeo Boosts Coffers By $7M

Santa Clara-based Billeo said today it has added $7M in a Series B round of funding. The round was led by ATA Ventures, and also included prior investors Altos Ventures, Claremont Creek, and Pacifica Fund. Billeo is a provider of online bill payment services. The firm said that the funding will go towards its product development, marketing, and scaling operations. Mike Hodges of ATA Ventures has joined the firm's board as part of the funding. More information »