The credit monitoring company increased its overall funding to nearly $200m and its valuation above the $1bn mark after raising a new round backed by Google's growth capital unit.

Internet company Google contributed to a $75m series D round for US-based credit monitoring company Credit Karma yesterday through its growth capital subsidiary, Google Capital.

Two of Credit Karma’s other existing investors, Tiger Global Management and Susquehanna Growth Equity, also participated in the round, which followed an $85m series C round closed in March this year.

The round valued Credit Karma at over $1bn, according to the Wall Street Journal.

Credit Karma has now raised approximately $193.5m since it was…