Tradeshift raises USD 75 million

Wednesday 26 February 2014 08:19 CET | News

Tradeshift, a Danish e-invoicing B2B social network operator, has raised USD 75 million in venture funding from Scentan Ventures, a venture capital firm based in Singapore.

The funding is set to leverage Tradeshifts expansion into Japan, starting with an office in Tokyo. Under the terms of the deal, Scentan will help out on the strategic side and Tradeshift will offer Scentan exclusive rights to product development, sales marketing, and servicing the Tradeshift platform in Japan.

In December 2013, Tradeshift partnered with Oracle to provide a cloud-based supplier network solution and an integrated supply chain connectivity solution.

For more information about Tradeshift, please check out a detailed profile of this company in our dedicated, industry-specific online companies database.

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Keywords: Tradeshift, funding, venture, Japan, e-invoicing, Scentan Ventures
Categories: Banking & Fintech
Countries: World
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