Intacct Garners $12,300,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=487d225f-b792-485c-bbe0-98cda4e4e2a1&Preview=1 -
Date
6/9/2011 -
Company Name
Intacct -
Mailing Address
125 South Market St. San Jose, CA 95113 -
Company Description
Intacct provides on-demand financial applications for more than 2,200 small and midsize businesses. -
Website
http://us.intacct.com -
Transaction Type
Venture Equity -
Transaction Amount
$12,300,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Intacct will use this new infusion of capital to fund its aggressive hiring plans and further accelerate the company’s growth rate, which has been the fastest in the cloud financial management and accounting industry. -
M&A Terms
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Venture Investor
Split Rock Partners -
Venture Investor
Bessemer Venture Partners -
Venture Investor
Emergence Capital Partners -
Venture Investor
Sutter Hill Ventures -
Venture Investor
Sigma Partners
