Finance startup Yodlee: We weren’t screwed by Mint’s acquisition
Ever since popular personal finance site Mint.com announced two weeks ago that it was being acquired by Intuit for $170 million, there’s been some speculation about what that deal means for Yodlee, the company that provides a lot of the Mint’s data, particularly from banks. Yodlee’s Senior Vice President of Strategy and Development Joe Polverari has been giving interviews in which he’s pretty dismissive about Mint’s potential, so I talked to him a bit more… Continue Reading
Ex-Googler founds Dasient for internet security, finds seed dollars
Neil Daswani, a former Google security product manager, has launched his own stealthy internet security company called Dasient. And the San Jose, Calif. company just announced $1.34 million of an expected $1.87 million in seed funding from Maples Investments, according to VentureWire. Prospective users can sign up for its private beta on Dasient’s web site — that’s all the information it currently makes available.
Daswani previously worked at DoCoMo USA Labs and directed wireless technology at… Continue Reading
Yodlee takes large financing — could spell trouble for Mint
Yodlee, an online finance web platform that directly serves banks and other financial institutions, has raised a large round of $35 million, led by banking giant Bank of America.
Although Yodlee has been something of a dark horse while popular personal finance sites like Mint have taken the spotlight, the company’s apparent success could indicate a more difficult road than anticipated for their competitors in the personal finance market, including Buxfer, Geezeo, Wesabe and many others.
The… Continue Reading