NDC Rescinds Cease and Desist Order Against TPSS Co-op

The Neighborhood Development Company has rescinded a cease and desist order directing the Takoma Park-Silver Spring Co-op to stop using the public lot at Takoma Junction for deliveries and terminating the co-op’s lease on the lot, according to a company statement.

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.”