E-invoicing Company Tradeshift Raises $17 Million At $137 Million Valuation

Robin Wauters

Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

Tuesday, October 25th, 2011
tradeshift

From Russia with love: two Moscow-based investment firms have led a $17 million funding round for B2B social networking and e-invoicing company Tradeshift, valuing the company at $137 million according to a press statement distributed earlier this morning.

The investors are ru-Net and Kite Ventures, with earlier backer Notion Capital also participating.

Read the rest of the story on TechCrunch Europe.


Company: Tradeshift
Website: tradeshift.com
Launch Date: July 1, 2009
Funding: $24M

As a platform for all your business interactions, Tradeshift helps companies run more efficiently, harnessing the power of their network to create new value from old processes like invoicing, payments and workflow. For smaller companies, a free account with apps like e-invoicing can become a route to getting paid faster or even open doors like dynamic discounting. Meanwhile, Tradeshift Apps allow them to securely link in other key processes like online accounting in seconds. For enterprises that work with tens of...

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