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BillShrink, a company we previously covered here, has just closed a Series B funding round to the tune of 8 million.  This latest round of financing brings their total amount raised to $9 million, after previously raising $1 million in a Series A round this previous year.

The new Series B round was led by Trinity Ventures and Bessemer Venture Partners.  Gus Tai from Trinity will join the Board of Directors, which also includes Matt Coffin.  Some of us might know Matt as the founder of LowerMyBills.  The money will be used for expansion into new arenas, to help their customers in their quest for “billshrinkage”.

In a time where every penny counts, BillShrink couldn’t find better timing to launch new features to help people save money.  Despite the recent market fallout, BillShrink manages to prove that Venture Capitalists will invest money into a promising idea, regardless of economic conditions.

Written by | dave

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10 Comments

  1. Tad

    October 26, 2008 at 3:00 pm

    It's definitely a smart move. Looking forward to see how it work out.

  2. Payday Loan Advocate

    November 6, 2008 at 2:18 am

    If you’re into movies, you’re probably well aware of the recently released “Zack and Miri Make a Porno.” In this film, Zack (Seth Rogan) and Miri (Elizabeth Banks) are long time friends and roommates with a totally platonic relationship. Unfortunately, for Zack and Miri, their credit is shot, and they’re unable to pay the bills; they can’t make rent, their electricity gets cancelled, and their water gets shut off. Zack and Miri decide they want to make a porno to pay the bills. Zack and Miri represent thousands of people that are struggling financially, but their solution is so Hollywood. And we all know this is the real world—not Hollywood. My guess is if you’re struggling to pay your bills, you wouldn’t resort to making a porn for income. Luckily, you have other options. You can apply for bad credit installment loans to help you keep the lights on and the water flowing until your next paycheck comes in.

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  3. Lisa_P

    November 25, 2008 at 2:15 am

    Poverty is like a widespread disease that everyone is affected and can be infected. In times like this financial option like payday installment loans could help a person in times that he urgently needs money. Read more on Payday Installment Loans. But the issue about financial option today is very controversial because there are some politicians who are planning to eliminate this. As a consumer we must fight for our financial freedom because we are the one who are in need of financial options and we are the one who will be affected if financial options would be eliminated.

  4. Italian Restaurant

    January 8, 2009 at 7:53 am

    Oh i didn't know about BillShrink. Thanks for the link to let me know more about it . I will definitely check it out . Thanks for the update too !

  5. Singapore Escorts

    January 8, 2009 at 7:40 pm

    Great idea deserves support and may the team bring it to greater heights.

  6. Busby SEO Test

    January 12, 2009 at 7:54 pm

    good news, The latest round of financing brings their total amount raised to $9 million. great jobs.

  7. Jas Talents and Models

    January 22, 2009 at 2:47 am

    It is a great tool to do some belt tightening in this current economical climate where it is getting worse with each passing days.

  8. Looking for a roommate

    January 22, 2009 at 10:25 am

    This is good news.
    Let see where this goes…

  9. Looking for a roommate

    January 22, 2009 at 1:25 pm

    This is good news.
    Let see where this goes…

  10. Looking for a roommate

    January 22, 2009 at 6:25 pm

    This is good news.
    Let see where this goes…

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