Deal Announcements

Cake Financial Nets Series A Venture Capital

Wednesday, February 11, 2009 5:50:00 AM PDT | VentureDeal Staff

San Francisco, California  --  Internet financial services site Cake Financial has secured $1.26 million in its first round of venture capital funding, according to a report in PE Hub.

The company has created a website that enables members to track their financial portfolio historically and to receive suggestions on how to better manage it.

Alsop Louie Partners and KPG Ventures made the investment. The company did not disclose how it would use the funding proceeds.

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