Payments manager Taulia scores USD18m

taulia

Secured funding

Taulia, an invoice management system developer, has raised USD18m in funding led by Klaus Hommels, with participation from previous investorsDAG VenturesMatrix PartnersTELUS Ventures and Trinity Ventures.

Taulia says the financing will be used to expand business across Europe and improve the system’s connectivity. The firm’s invoicing software can be connected with third-party networks. The company’s clients include Coca-Cola, Hallmark and Pacific Gas.

“We’ve been extremely pleased with the overwhelming response from the investment community and are in discussions with select firms to satisfy the demand to inject more capital into Taulia,” said Meyer.

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