Mint, the personal finance manager, has announced a $4.7 million round in funding. Mint recently launched publicly and was awarded the Tech Crunch 40 best of show. This round was invesed by a plethora of investors including big VC firms Shasta Ventures and First Round Capital. Also many angels including Ram Shriram, and executives from eBay, Intuit, Google, Yahoo, Charles Schwab, Wilson Sonsini, Reuters, Adteractive, and Weblogic.
Since launching in September, Mint is organizing more than 2 billion of people’s money. I personally use Mint and love it! I am able to consolidate all my bank accounts and credit cards into one beautiful interface. Mint will alert me of any fishy activity on my account, low balances, and due dates for credit card payments.
This is a pretty large round and I hope some of it goes to improving the infrastructure and also fixing a few bugs. I think Mint is a great service and hopefully they can overcome the security concerns that some people have with putting their personal banking information online.
