Taulia Collects $8.5M

7/26/11

Taulia, a San Francisco startup whose Web-based system helps suppliers of goods and service get paid faster by their customers, announced today that it has closed a Series B funding round totaling $8.5 million. New investor DAG Ventures led the round, which was joined by existing investors Matrix Partners and Trinity Ventures. The company said it will use the new cash to hire engineers and “aggressively expand marketing, sales and implementation teams in both Europe and the US.” Taulia collected $3.5 million in Series A funding last November.

Wade Roush is Chief Correspondent and Editor At Large at Xconomy. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @

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