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	<title>Betabeat &#187; Disruptors Got Legs! Disrupt Alum BillGuard Raises $10 M.</title>
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		<title>Betabeat &#187; Disruptors Got Legs! Disrupt Alum BillGuard Raises $10 M.</title>
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		<title>Disruptors Got Legs! Disrupt Alum BillGuard Raises $10 M.</title>

		<comments>http://betabeat.com/2011/10/disruptors-got-legs-disrupt-alum-billguard-raises-10-m/#comments</comments>
		<pubDate>Tue, 18 Oct 2011 10:45:23 -0400</pubDate>
					<link>http://betabeat.com/2011/10/disruptors-got-legs-disrupt-alum-billguard-raises-10-m/</link>
			<dc:creator>Adrianne Jeffries</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=19592</guid>
		<description><![CDATA[<p><div id="attachment_19604" class="wp-caption alignleft" style="width: 310px"><img class="size-full wp-image-19604" title="billguard-yaron-samid-300x300" src="http://nyobetabeat.files.wordpress.com/2011/10/billguard-yaron-samid-300x300.jpg" alt="" width="300" height="300" /><p class="wp-caption-text">Mr. Samid.</p></div></p>
<p><a href="http://BillGuard.com">BillGuard</a> is only half-New Yorker--CEOYaron Samidis based in "New York and Tel Aviv." But the company, which combs your online statements for fraud and frivolous charges, garnered 10,000 sign-ups in a matter of days after launching in May at TechCrunch Disrupt. They discovered fraud on 20 percent of the new users' bills, and a $6,000 erroneous charge on one wealthy individual's card.<!--more--></p>
<p>Now they're announcing a $10 million Series B led by <a href="http://www.khoslaventures.com/khosla/default.html" target="_blank">Khosla Ventures</a>, with participation from Peter Thiel’s <a href="http://www.foundersfund.com/" target="_blank">Founders Fund</a>, Eric Schmidt’s <a href="http://innovationendeavors.com/" target="_blank">Innovation Endeavors</a> and existing investors <a href="http://www.bvp.com/" target="_blank">Bessemer Venture Partners</a> and <a href="http://www.iaventures.com/" target="_blank">IA Ventures</a>.</p>
<p>The raise makes us think of other companies we ran into at that conference: Dispatch.io, a hackathon finalist now in TechStars; and Joinable, a hackathon honorable mention that is now defunct but whose founders also got into TechStars.</p>
<p>And we must mention that Skype acquired TechCrunch Disrupt hackathon winner GroupMe, for $85 million.</p>
<p>It's also where we met Sonar.me, who we haven't heard much from in a while, and Getaround, which has a few competitors now but has at least enough adoption to merit a <em>Wall Street Journal </em>mention last week. But dozens of companies make it onto the stage at TechCrunch--it's hard to remember anyone but the rockstars, creating the impression that Disrupt makes a company go big.</p>
<p>(Full list of investors <a href="http://www.billguard.com/team#investors" target="_blank">here</a>.) The funding will be used to accelerate growth and support marketing, business development, sales and R&amp;D expansion, said a press release. "Since launching in May, BillGuard has saved consumers nearly $500,000 in refundable charges, and found unwanted and unauthorized charges for nearly 20 percent of its users."</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_19604" class="wp-caption alignleft" style="width: 310px"><img class="size-full wp-image-19604" title="billguard-yaron-samid-300x300" src="http://nyobetabeat.files.wordpress.com/2011/10/billguard-yaron-samid-300x300.jpg" alt="" width="300" height="300" /><p class="wp-caption-text">Mr. Samid.</p></div></p>
<p><a href="http://BillGuard.com">BillGuard</a> is only half-New Yorker--CEOYaron Samidis based in "New York and Tel Aviv." But the company, which combs your online statements for fraud and frivolous charges, garnered 10,000 sign-ups in a matter of days after launching in May at TechCrunch Disrupt. They discovered fraud on 20 percent of the new users' bills, and a $6,000 erroneous charge on one wealthy individual's card.<!--more--></p>
<p>Now they're announcing a $10 million Series B led by <a href="http://www.khoslaventures.com/khosla/default.html" target="_blank">Khosla Ventures</a>, with participation from Peter Thiel’s <a href="http://www.foundersfund.com/" target="_blank">Founders Fund</a>, Eric Schmidt’s <a href="http://innovationendeavors.com/" target="_blank">Innovation Endeavors</a> and existing investors <a href="http://www.bvp.com/" target="_blank">Bessemer Venture Partners</a> and <a href="http://www.iaventures.com/" target="_blank">IA Ventures</a>.</p>
<p>The raise makes us think of other companies we ran into at that conference: Dispatch.io, a hackathon finalist now in TechStars; and Joinable, a hackathon honorable mention that is now defunct but whose founders also got into TechStars.</p>
<p>And we must mention that Skype acquired TechCrunch Disrupt hackathon winner GroupMe, for $85 million.</p>
<p>It's also where we met Sonar.me, who we haven't heard much from in a while, and Getaround, which has a few competitors now but has at least enough adoption to merit a <em>Wall Street Journal </em>mention last week. But dozens of companies make it onto the stage at TechCrunch--it's hard to remember anyone but the rockstars, creating the impression that Disrupt makes a company go big.</p>
<p>(Full list of investors <a href="http://www.billguard.com/team#investors" target="_blank">here</a>.) The funding will be used to accelerate growth and support marketing, business development, sales and R&amp;D expansion, said a press release. "Since launching in May, BillGuard has saved consumers nearly $500,000 in refundable charges, and found unwanted and unauthorized charges for nearly 20 percent of its users."</p>
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