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.