Tuesday, February 15, 2011

doxo Gets $10M More

Seattle-based doxo, the startup which is looking to help users manage their online bills, and which hopes to make it easier for firms to switch users over to electronic billing, announced tonight that it has raised $10M in a Series B financing round. The round was led by Sigma Partners, and also includes prior investors Mohr Davidow Ventures and Bezos Expeditions. According to doxo, the new funding will go towards product development, sales and marketing, and hiring of developers, sales, operations, and marketing staff. doxo was founded by Steve Shivers. doxo is looking to make it easier for people to receive and manage their online bills, helping users who--despite using online bill payment services--still receive their bills via postal mail. More information »