Investment Platform For Your Savings, Betterment Raises $10M From Menlo Ventures, Bessemer

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http://techcrunch.com – Betterment, an investment platform for your savings, has raised $10 million in financing led by Menlo Ventures with Bessemer Venture Partners and Anthemis Group also participating in the round. This brings Betterment’s total funding to $13 million. Betterment, which launched at TechCrunch Disrupt in 2010, aims to disrupt the financial savings industry by letting customers invest their savings in a carefully-selected blend of stock and bond portfolios which are rebalanced regularly and automatically. The company combines the accessibility of an online savings account with the performance (IT news)