Bill.com Secures $50,000,000 New Funding Round

  • Feed Type
  • Date
    2/12/2015
  • Company Name
    Bill.com
  • Mailing Address
    1810 Embarcadero Road Palo Alto, CA 94303 USA
  • Company Description
    Bill.com is an online bill management service that simplifies and automates business finances. Bill.com allows companies to pay, receive and send bills with the click of a mouse, saving substantial time so companies can focus on growing their businesses.
  • Website
    http://www.bill.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $50,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Bill.com said it will use the new funds on that new product and to grow its network which in the past 12 months more than doubled to over 600,000 members. The company said the amount moved using its services has grown to $19 billion annually.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor

Trending on Xconomy