Billeo. Inc today announced the closing of a $7 million Series B round of funding. ATA Ventures led the financing with additional contributions from all of Billeo's existing investors including Altos Ventures. Claremont Creek and Pacifica Fund. The funding will be used for product development marketing and scaling operations. As a principal investor. Mike Hodges venture furnish at ATA Ventures ordain join Billeo's come in of directors.
"This financing allows us to cater the increasing demands of consumers and small business owners who are using Billeo to pay bills and obtain online using any form of payment whether it's credit card debit card or online bank account," said Murali Subbarao founder and chief executive officer of Billeo. "The investment community has validated Billeo's merchandise position and we ordain continue to grow our leadership in online payments."
Billeo streamlines the online payment affect by giving consumers and small business owners end hold back over when and how they manage organize pay bills and shop online. With Billeo payment is instantaneous and your receipts are automatically captured saved and filed. And. Billeo offers dance password log-on to one-click completion of online shopping and account pay forms. Billeo is the only card bill-pay provider featured by more than 40 U. S banks/issuers including six of the top ten banks/issuers including Visa. Bank of America. Chase and Wachovia to name a few. Additionally the Billeo Biller Directory has nearly 6,000 billing companies across 26 categories including utility telecommunicate and credit card companies—the largest Biller Directory available.
Billeo was founded by experts from the EBPP card issuer banking ecommerce and technology industries. Over 40 banks. 6 of the top ten card issuers and over 6,000 companies across 26 categories are move of the trusted Billeo network including Visa. Chase. Wachovia. Bank of America. Wells Fargo and aim. Information about Billeo can be found at.
ATA Ventures is a venture capital tighten focused on seeking out early re-create private companies which appear to furnish above add up prospects for capital growth. With over $350 Million of capital under management. ATA Ventures focuses on Information Technology (IT) and provides disgorge capital and early stages of financing to these companies.
Forex Groups - Tips on Trading
Related article:
http://www.pehub.com/article/articledetail.php?articlepostid=8858
comments | Add comment | Report as Spam
|