Taulia Collects $8.5M

Taulia, a San Francisco startup whose Web-based system helps suppliers of goods and service get paid faster by their customers, announced today that it has closed a Series B funding round totaling $8.5 million. New investor DAG Ventures led the round, which was joined by existing investors Matrix Partners and Trinity Ventures. The company said it will use the new cash to hire engineers and “aggressively expand marketing, sales and implementation teams in both Europe and the US.” Taulia collected $3.5 million in Series A funding last November.

Wade Roush is the producer and host of the podcast Soonish and a contributing editor at Xconomy. Follow @soonishpodcast

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