Invoice2go, a Redwood City, Calif.-based mobile invoicing app provider, closed $10m equity funding round.
The round – which brought total equity raised to date to $60m – was led by OCV Partners, with participation from existing investors Accel and Ribbit Capital.
In conjunction with the funding, Hemi Zucker of OCV Partners joined the Invoice2go Board of Directors.
The company intends to use the funds to accelerate product innovation and its offering for small businesses.
Led by Greg Waldorf, CEO, Invoice2go provides a mobile invoicing app that gives small business owners and contractors control over their time and business. The company, which currently serves more than 250,000 customers around the globe who send $24 billion in invoicing every year, recently released new features including:
– Time Tracking, a seamless way to capture and bill for time,
– Appointments, a way to create and manage appointments on the go, and
– the ability to collect up front deposits.