Expensify Reimbursed for $5.7M
Wade Roush9/9/10
San Francisco-based Expensify, which has developed a Web-based system for submitting business expense reports, said yesterday that it has raised $5.7 million in a Series A venture round. The round was led by new investor Redpoint Ventures, and included returning seed-stage investors Hillsven Capital, Baseline Capital, and Travis Kalanick. The company also announced that it has exceeded the 100,000-user mark.
