Taulia, a San Francisco, CA-based platform for supplier financing, raised an additional $13m in Series D funding.
This added to the initial $27m Series D raise, which was announced in July of 2014 (read here).
Backers included BBVA Ventures, the corporate venture arm of the BBVA Group based in Spain, and EDBI, the corporate investment arm of Singapore’s Economic Development Board.
Founded in 2009 and led by Led by CEO Bertram Meyer, Taulia provides supplier financing, via a cloud-based invoice, payment, and dynamic discounting solutions. The company, which has raised $70m in total funding, has opened new offices across the U.S. and Europe, and has grown its market traction internationally. In recent months, it has further penetrated several industries, including food and beverage, oil and gas, healthcare, and utilities.
Clients include Coca-Cola Bottling Co. Consolidated, Pfizer, Pacific Gas & Electric, Hallmark, and other Fortune 500 companies.