Finance site Geezeo raises $1.2M from TheStreet.com
Geezeo, a site that helps you manage credit cards, loans, checking and savings accounts and more, has raised $1.2 million from investment site TheStreet.com. The deal gives TheStreet.com a 13 percent stake and an option to purchase the Framingham, Mass. startup at an equity value of $12 million.
Geezeo competes with other financial management sites like Mint and Wesabe. TheStreet.com owns sites like Stockpickr.com and MainStreet.com, and received a $55 million investment from Technology Crossover Ventures last November.
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About the Author, Anthony Ha
Anthony is VentureBeat's assistant editor, as well as its reporter on enterprise technology, cloud computing, and tech policy. Before joining VentureBeat in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. You can also follow Anthony on Twitter.