Taulia, a company that aims to ease cash flow issues faced by small and medium sized businesses, announced today it raised $27 million in Series D funding.
This newest installment, which brings Taulia’s total funding to $67.2 million, comes from QuestMark Partners, which led the round, and existing investors Trinity Ventures, Matrix Partners, Lakestar and DAG Ventures.
When Taulia launched in 2009, its primary service was Dynamic Discounting, a product that helps suppliers receive faster cash flow, and gives buyers more flexibility and discounts if they pay early. Now Taulia offers seven products, including einvoicing and supplier management tools that help small businesses interact with their suppliers.
Of the 225,000 suppliers on Taulia’s platform, 55 rank among the largest corporate companies. The San Francisco-based company plans to use the funding to sign more large corporate clients and expand into Asia.
Taulia is now valued at $200 million.
To learn more about Taulia, check out its FinovateSpring 2012 demo where it debuted its Early Payment Network.