Intuit acquiring Mint for $170M via VentureBeat

Filed under: General / by: Brian Junyor

div class=”posterous_bookmarklet_entry”>

Mint, the popular personal finance website, has been acquired by Intuit, the maker of finance software Quicken and its web version Quicken Online, for $170 million. Chief executive Aaron Patzer just confirmed the news at the TechCrunch50 conference.

Patzer launched Mint at the inaugural TechCrunch40 conference two years ago. were first reported last night.

A month ago, in August, Mint announced $14 million in funding, bringing its total to $31 million.The round was led byDAG Ventures, with new financing from Founders Fund and a top-up from existing investors Benchmark Capital, Shasta Ventures, First Round Capital and Sherpalo.

via feedproxy.google.com

I hope they don”t ruin it.

Posted via web from Brian Junyor”s Stream

zp8497586rq
General
About Brian Junyor
Brian Junyor is a believer, a marketing technologist, a conservationist, and a tech enthusiast. Brian believes in forming habits versus setting goals. He loves new ideas and forward thinkers while valuing the tried and true wisdom of the past.