RecVue, a Palo Alto, CA-based B2B monetization solution powered by big data, completed a $5m round of financing.
The round was co-led by Cota Capital and EPIC Ventures with participation from Long Light Capital.
The company intends to use the capital to expand sales and marketing to increase market traction in several industries, including high tech, transportation and logistics, business services and healthcare providers, and to continue product innovations that increase agility in billing operations, product management and sales for its customers.
Led by Nishant Nair, Founder and CEO, RecVue provides a B2B monetization solution for global companies such as ACI Worldwide, American Well, Radius Payment Solutions, and World Wide Technology to reduce the time to market, optimize revenue, and boost customer satisfaction.
The solution includes data mediation, a 360 view into the entire contract lifecycle, attribute-based pricing, complete billing-to-invoice capabilities, partner management, and analytics and reporting.
The company currently serves customers in North America, EMEA and Asia Pacific.