Outright Raises $5 Million From Sequoia, First Round, Shasta, and SoftTech

Outright.com has raised $5 million from Sequoia Capital, First Round Capital, Shasta Ventures, and SoftTech VC. This is Outright’s second round of funding. The company is just like Mint.com but uses more of a simple drag-and-drop interface.

Outright raised $2 million in funding previously from seed investors. The seed investors include the companies that put in the second round except for Sequoia. Outright is intended for small businesses and individuals. This helps people put their taxes together easier too. The service is free and the company plans to introduce several add-on services in the future.

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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