EBillme raises $12M for online payment

Online payment startup eBillme has raised $12 million more in venture funding. The Delaware, Md.-based company says its payment solution, which competes with services like Paypal and Google Checkout, says it’s superior because payments are bank-to-bank (rather than credit-based) and don’t require the disclosure of any personal information online.

The round was led by Canaan Partners and existing investor Celtic House Venture Partners.

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About the Author, Anthony Ha

Anthony Ha writes about enterprise technology, cloud computing, tech policy, and random cool startups. Before joining VentureBeat in January 2008, he worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. Anthony attended Stanford University from 2001 to 2006, and now lives in San Francisco. Reach him at anthony@venturebeat.com.