Debt management service Credit Sesame has raised a $12 million Series B round led by Globespan Capital, TechCrunch reports. According to the company’s CEO, Credit Sesame is currently managing $20 billion in consumer debt and saving its users $170 million per month. [Disclosure: Menlo Ventures, which participated in the round, is also an investor in PandoDaily]

[Source: TechCrunch]