Credit Sesame, a Sunnyvale, CA-based free online service that helps consumers make smarter credit decisions and optimize their loans for maximum savings, has closed a $6.15m Series B round of funding.
The round was led by Menlo Ventures, with participation from Series A lead investor, Inventus Capital.
As stated by Adrian Nazari, founder and CEO of Credit Sesame, “This new round of funding will allow us to expand our services and extend our reach to millions of people”.
Credit Sesame is a free online service that helps consumers monitor their debt and credit information as well as the lending market. The service helps them optimize their entire credit and loan portfolios, including mortgages, consumer loans, and credit card debt.
It was launched in public beta in November 2010.