Taulia, a San Francisco, CA-based provider for supplier financing, closed $27m in Series D funding.
The round was led by QuestMark Partners with participation from other investors Matrix Partners, Trinity Ventures, Lakestar and DAG Ventures.
The company intends to use the funds market traction, increase hiring efforts, and expand its global presence.
Led by Bertram Meyer, CEO, Taulia provides a SaaS platform and network for Supplier Financing, eInvoicing and Supplier Portals. Brands using Taulia include Coca-Cola Bottling Co. Consolidated, Pfizer, Pacific Gas & Electric, Hallmark, and many other Fortune 500 companies. The company has offices in Austin, Texas, Sofia, Bulgaria, London, England, Düsseldorf, Germany, and Park City, Utah.