Credit Karma takes $2.5M to clarify credit scores

Credit Karma, an online service that helps average people view and parse their credit scores, has brought in $2.5 million in a first round of funding, according to paidContent. Based in San Francisco, the company is backed by QED Investors, SV Angel, Founders Fund and Felicis Ventures founder Aydin Senkut. It has now raised about $4.7 million to date.

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About the Author, Camille Ricketts

Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.