With $20 Billion In Consumer Debt Under Management, Credit Sesame Closes $12 Million Series B

Personal finance service (and?TechCrunch Disrupt alum)?Credit Sesame?has just secured $12 million in Series B funding. The round was led by Globespan Capital Partners, and included participation from Credit Sesame's existing investors, Menlo Ventures and Inventus Capital. The financing will help the company continue its product development and market reach, CEO Adrian Nazari tells us, and in the next three to six months, we'll see a lot of new capabilities added to both the mobile and web version of the service. The features will offer consumers even more insights into their current debt situation and give them more ways to save money, he says.

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