Outright Secures $5,000,000 Series B Funding

  • Feed Type
  • Date
    11/16/2009
  • Company Name
    Outright
  • Mailing Address
    393 E Campbell Ave Campbell, CA 95008
  • Company Description
    Outright was created after watching a number of small businesses like ourselves struggle to capture all of their business deductions, often piecing together a number of different solutions. Whether it was sticking every possible receipt in a file folder and shipping it off to a bookkeeper, or tracking everything in a huge spreadsheet, or even using a couple of different web sites to track time and create invoices, the results were invariably the same: too much time and effort spent on the least enjoyable part of running one’s own business. So we built Outright. The goal is to keep it as simple as possible, while helping entrepreneurs track all of their income and expenses to get their taxes done accurately.
  • Website
    http://www.outright.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Sequoia Capital
  • Venture Investor
    Shasta Ventures
  • Venture Investor
    First Round Capital
  • Venture Investor
    SoftTech VC