Silver Spring’s Truebill Raises Additional $45 Million in New Funding Round

Silver Spring-based Truebill, a personal finance app, has raised $45 million in a Series D round of funding for a total of $85 million the company has raised since its founding in 2011. The funding, led by Accel with participation from existing backers Bessemer Venture Partners, Cota Capital and Eldridge Industries, will allow the company “to expand its platform of financial management tools to give users more visibility and control of their money.”

Construction Begins on Kiddie Academy® in East Silver Spring

Construction has begun for an educational childcare facility in the building that formerly housed Ambassador Animal Hospital at 811 Sligo Ave. The plans for Kiddie Academy® of Silver Spring were originally presented to the community in March 2019. The local franchise, part of Kiddie Academy, an Abingdon, Md. company that provides educational childcare at more than 270 locations around the country, will be owned and operated by Rakhi and Parnab De.

Elrich Plans Virtual Roundtable on Public Safety Task Force Report

County Executive Marc Elrich will hold a virtual roundtable discussion next week on the recommendations contained in the Reimagining Public Safety Task Force Report released yesterday. Elrich appointed a group of 45 volunteer community members, 35 county representatives, and technical consultants last year. The task force was asked to address social and racial injustices in the county and to make recommendations about how to deliver services more equitably.

Blair Student Wins Rep. Raskin’s 2020 App Challenge

A Montgomery Blair High School student and his collaborator have been named the winners of his 2020 Congressional App Challenge, U.S Rep. Jamie Raskin (D-District 8) announced. Kevin Xu, a senior at Montgomery Blair High School, and development partner Leon Si, a junior at Victoria Park Collegiate Institute Ontario, created Tabulo, a free education app to assist teachers by allowing them to use a virtual whiteboard.