Wednesday, June 4, 2008

Yodlee Gets $35M

Redwood City-based Yodlee, a developer of personal finance and bill payment software, announced Wednesday that it has raised $35M in a financing round led by Bank of America. The firm said that the round also included existing investors Warburg Pincus, Accel Partners and Institutional Venture Partners. Yodlee said the new funding will go towards its sales, deployment, and operational infrastructure. Yodlee provides personal finance management tools and web sites for financial institutions. More information »