Bill.com Secures $38,000,000 New Round

  • Feed Type
  • Date
    11/12/2013
  • Company Name
    Bill.com
  • Mailing Address
    3200 Ash Street Palo Alto, CA 94306
  • 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.
  • Website
    http://www.bill.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $38,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds will be used for further investment in the Bill.com Banking Platform to support its rapidly growing banking channel; acceleration of the Bill.com Business Payments Network, which serves all of Bill.com’s subscribers and its partners; customer acquisition; and investment in the core product features and integration with third-party applications to better serve small to medium businesses (SMBs), accountants and bookkeepers.
  • M&A Terms
  • Venture Investor
    Scale Venture Partners
  • Venture Investor
    Bank of America
  • Venture Investor
    American Express Ventures
  • Venture Investor
    Fifth Third Bank
  • Venture Investor
    Investor
  • Venture Investor
    Commerce Ventures
  • Venture Investor
    August Capital
  • Venture Investor
    TTV Capital
  • Venture Investor
    JAFCO Ventures
  • Venture Investor
    Emergence Capital Partners
  • Venture Investor
    DCM

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