AccountNow Raises Third Round

AccountNow Inc., a San Ramon, Calif.-based provider of Visa and Mastercard-branded prepaid cards for the “underbanked” consumer market, has raised $12.75 million in third-round funding. Trident Capital led the deal, and was joined by return backers Invesco Private Capital, Oak Hill Venture Partners, VSP Capital, Grayhawk Venture Partners, Granite Hill Capital ventures and CEO Ted Coltrell. It had previously raised $8.5 million since 2004. www.accountnow.net