Personal finance security vendor BillGuard (New York) announced today it has received an additional $10 million in financing.
The company, which last month was a "Best in Show" honor at financial tech conference FinovateFall, tracks millions of billing complaints online and via a transaction flagging system directly in electronic statements. The system is akin to anti-spam technology. BillGuard says its service helps consumers to identify deceptive, erroneous or unauthorized charges on credit card bills.
The company's second-round financing was led by Khosla Ventures, with participation from PayPal co-founder Peter Thiel's Founders Fund, Google Executive Chairman Eric Schmid's Innovation Endeavors and existing investors Bessemer Venture Partners and IA Ventures.