Among the many investors in this round are:
- American Express
- August Capital
- Bank of America
- Fifth Third Capital
- Peter Knight, founder of CheckFree (acquired by Fiserv in 2009)
- Scale Venture Partners
This funding, combined with Bill.com’s previous rounds, brings the Palo Alto-based company’s total funding to over $70 million.
Bill.com, which manges more than 10 million bills per year worth more than $12 billion, will use the new installment to enhance its growing banking channel and accelerate its payments network.
Bill.com demonstrated its CashView product at FinovateSpring 2012.