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Pageonce, a company that has created a way for consumers to track where they spend their money, has a little more money to spend themselves. The Palo Alto, Calif.-based company has raised $15 Million in capital, bringing its total raised to $25 million. The round was led by Morgenthaler Ventures with participation from Pitango Ventures and Pageonce’s Chairman Liron Petrushka. Already, 4.5 million use the ad-supported smartphone apps to track bills and bank account balances. The money will be used for adding new features, hiring and to boost consumer awareness.
One of the results of Yahoo’s weak earnings report earlier this week has been the renewal of chatter about possible changes in its leadership and even ownership. And continued investor discomfort with its troubled stock price and the level of renewed grumbling by major institutional shareholders is causing some key players to go back to their PowerPoints to reevaluate various options.