The Qualcomm-backed budgeting app developer has secured $40m to increase its funding to $52m altogether.

Even, a US-based financial services platform developer that counts mobile semiconductor producer Qualcomm as an investor, has raised $40m in a funding round led by venture capital firm Khosla Ventures.

Valar Ventures, Allen & Company, Harrison Metal, Silicon Valley Bank, BCVP and private investor Ron Conway also contributed to the round.

Founded in 2014, Even has developed an app-based subscription service with more than 200,000 users that connects to a user’s bank account to help them save and budget more…