Paraşüt, an Istanbul, Turkey-based bookkeeping software startup, raises $2M in Series B funding.
Backers included new investors Diffusion Capital Partners, 500 Startups and existing investors Revo Capital and Ribbit Capital.
The company intends to use the funds to further extend their services.
Led by Sean Yu, Co-Founder & CEO, Paraşüt provides a cloud-based bookkeeping application for small and medium-sized businesses, featuring e-invoicing, e-billing, as well as online revenue and expenditure tracking tools.
Since January 2016, the company doubled its paid customers.