Bill.com Lands $8,500,000 Series C Financing Round

  • Feed Type
  • Date
    6/16/2010
  • Company Name
    Bill.com
  • Mailing Address
    3250 Ash Street Palo Alto, CA 94306-2242
  • 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. Companies can store all documents, related processes and transactions in one place, so financial stuff can be easily and securely accessed from anywhere, any time. Bill.com is the first and only low-cost bill management service that gives companies a real-time daily view of anticipated cash flow while simultaneously processing transactions.
  • Website
    http://www.bill.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,500,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The additional capital will be used to accelerate our tremendous growth while continuing to build out what we think is a very unique solution for SMBs and CPA firms who need to drive more efficiency into their day-to-day financial tasks of paying vendors and getting paid.
  • M&A Terms
  • Venture Investor
    Jafco Ventures America Inc
  • Venture Investor
    DCM – Doll Capital Management
  • Venture Investor
    August Capital
  • Venture Investor
    Emergence Capital Partners