BillShrink raises $8M, plans to expand to new markets | Startup Meme - Technology Startup and Latest Tech News

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Oct 14 2008

BillShrink raises $8M, plans to expand to new markets

Saad Ali Abbasi 

BillShrink_logo BillShrink raised $8 million in investments as the Series B funding round came to a close. Led by Trinity Ventures and Bessemer Venture Partners, the round brings the total funding to around $9 million (after $1M in Series A round, last year).

As covered in a previous post, BillShrink aims to help users save money across a variety of vertical markets, and plans to expand to new ones. The startup will be inducting Gus Tai of Trinity into its board of directors, joining David Cowan (founder of VeriSign), and Matt Coffin (founder of LowerMyBills).

Originally BillShrink came out as a service (in April) for cutting costs on mobile phone bills, and has expanded (in September) in helping its users with identifying their ideal credit card.

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