Mint com Raises Another 14 Million

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Mint.com Raises Another 14 Million

By: Joe Griffin
2009-08-14

Mint.com is the nations leading online personal finance service. The site is great example of how a quality product speaks for itself. Mint.com...

...has a user base of approximately 1.4 million up 400,000 since March 2009. The system itself utilizes a tracking system that records data of around $175 billion in transactions and $47 billion in assets.

All of Mint.coms hard work and quality service has paid off with $14 million in Series C funding. The funding led by DAG Ventures represents a portion of the $30 million in total funding raised. A recent release of their iPhone app has been ranked #1 in the iTunes finance category.

Aaron Patzer, Mint.coms CEO recognizes that their current success comes during hard times in the economy. Their connection to helping personal finance and online reputation as one of the top financial resources has given them the ability to execute and prepare for the future.

Mint.com will continue to pursue technological improvements to their system to keep users active and increase their overall user base. Their team has stated that the funds will be allocated to expanding Mints already award-winning team, particularly its engineering staff, and to accelerate product upgrades and new partnership launches scheduled for the next 6-12 months.

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About the Author:
Joe has over 12 years experience in the search engine marketing industry. He co-founded Submitawebsite.com in 1997, served as a Vice President, Media at iCrossing for 3-years, and sold Submitawebsite to Web.com (Nasdaq:WWWW) in April 2007. Joe is Managing Director at iAcquire, and oversees corporate development and business strategy.


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