ChargeBee Garners $5,000,000 Series B Financing Round

  • Feed Type
  • Date
    3/11/2015
  • Company Name
    ChargeBee
  • Mailing Address
    340 S. Lemon Ave. Los Angeles, CA 91789 USA
  • Company Description
    With the Subscription businesses expanding world-wide, each recurring revenue business needs more options & flexibility to manage varied use billing cases. ChargeBee is built with focus on delivering the best experience to provide a seamless & flexible recurring billing experience to customers & manage customer subscriptions.
  • Website
    http://www.chargebee.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    ChargeBee will use the funds to set up satellite offices in the U.S., UK and Australia, although its base in Chennai — where it has 37 staff — will remain its primary location. The startup also plans to “double down” on its engineering team to develop additional value-add services for customers, such as advanced analytics.
  • M&A Terms
  • Venture Investor
  • Venture Investor