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Taulia gathers USD 3.2 million in Series A funding round

Tuesday 7 December 2010 10:22 CET | News

Taulia, a US-based provider of dynamic discounting and self-service vendor portals, has raised USD 3.2 million in a Series A funding session.

The financing round included the participation of venture capital firms Matrix Partners and Trinity Ventures as well as the presence of existing investors including The Angels’ Forum. The company intends to use the newly-acquired capital to expand its professional services teams as well as its product sales on markets located in the US and Europe.

Taulia’s Invoicement Suite is a certified add-on to SAP for Accounts Payable, Treasury and Suppliers. The main element of the suite is dynamic discounting, which enables companies to offer discounts on invoices. Aside from its own vendor portal, Taulia offers its services on OB10’s e-Invoicing Network. By logging on to the OB10 Portal suppliers are be able to receive invoice status information, remittance advice notifications and also access invoice reporting and the online archive.
 


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Keywords: Taulia, financing session, e-invoicing
Categories: Banking & Fintech
Companies:
Countries: World
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Banking & Fintech