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Doxo raises $10 million, adds PSE bill pay
Posted by Brier Dudley
Seattle online bill payment service Doxo is announcing that it raised $10 million from Jeff Bezos, Mohr Davidow Ventures and Greg Gretsch of Sigma Partners.
That's in addition to the $5.25 million that Doxo raised from Bezos and Mohr Davidow in 2009. It's going to use the funding to develop new product capabilities and expand sales and marketing.
Doxo launched its service in October, offering consumers a free service for managing and paying bills online. It sells the service to companies and muncipalities, offering its paperless system as a way to reduce costs.
The company is also announcing that Puget Sound Energy has joined the service, enabling PSE customers to sign up for Doxo accounts where they can receive and pay their utility bills for free.
Doxo was started in 2008 by veterans of Qpass.
UPDATE - 7:02 PM
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