Wednesday, April 14, 2010

DebtGoal Raises $2M

San Francisco-based DebtGoal, an online site which helps users manage their personal debt, announced today that it has raised $2M in a Series A funding round. The firm said that the round was led by Tugboat Ventures, and also included New Cycle Capital and Ed Ojdana, founder of FreeCreditReport.com. The firm said the new funding brings its total raised to $3.1M. As part of the funding, both Ojdana and Dave Whorton of Tugboat Ventures have joined the company's board of directors. DebtGoal provides online tools to help users pay off their debt as quickly as possible. More information »