Tech Company Financing Transactions

Bill.com Funding Round

Bill.com, operating out of Palo Alto, secured $50 million in funding from Silicon Valley Bank, August Capital and Commerce Ventures.

Transaction Overview

Company Name
Bill.com
Announced On
2/12/2015
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors

Silicon Valley Bank (Lead Investor)

August Capital (David Hornik)

Commerce Ventures

DCM Ventures (Thomas Blaisdell)

Napier Park Global Capital

Scale Venture Partners (Rory O'Driscoll)

Proceeds Purpose
Bill.com said it will use the new funds on that new product and to grow its network which in the past 12 months more than doubled to over 600,000 members. The company said the amount moved using its services has grown to $19 billion annually.

Company Information

Company Status
Publicly-held
Industry
FinTech
Mailing Address
1810 Embarcadero Rd.
Palo Alto, CA 94303
USA
Phone
(650) 621-7700
Website
www.bill.com
Email Address
[email protected]
Overview
Bill.com (NYSE: BILL) provides ACH payments processing, automates your accounts payable and accounts receivable processes.
Profile
Bill.com LinkedIn Company Profile
Social Media
Bill.com Company Twitter Account
Company News
Bill.com News
Facebook
Bill.com on Facebook
YouTube
Bill.com on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rene Lacerte
  Rene Lacerte LinkedIn Profile  Rene Lacerte Twitter Account  Rene Lacerte News  Rene Lacerte on Facebook
Chief Financial Officer
John Rettig
  John Rettig LinkedIn Profile  John Rettig Twitter Account  John Rettig News  John Rettig on Facebook
Chief Marketing Officer
Yael Zheng
  Yael Zheng LinkedIn Profile  Yael Zheng Twitter Account  Yael Zheng News  Yael Zheng on Facebook
VP - Customer Service
Miguel Lopez
  Miguel Lopez LinkedIn Profile  Miguel Lopez Twitter Account  Miguel Lopez News  Miguel Lopez on Facebook
VP - Engineering
Vinay Pai
  Vinay Pai LinkedIn Profile  Vinay Pai Twitter Account  Vinay Pai News  Vinay Pai on Facebook
VP - General Counsel
Raj Aji
  Raj Aji LinkedIn Profile  Raj Aji Twitter Account  Raj Aji News  Raj Aji on Facebook
VP - Human Resources
Jacqueline Hendy
  Jacqueline Hendy LinkedIn Profile  Jacqueline Hendy Twitter Account  Jacqueline Hendy News  Jacqueline Hendy on Facebook
VP - Product Management
Bora Chung
  Bora Chung LinkedIn Profile  Bora Chung Twitter Account  Bora Chung News  Bora Chung on Facebook
VP - Sales
Andrew Cohen
  Andrew Cohen LinkedIn Profile  Andrew Cohen Twitter Account  Andrew Cohen News  Andrew Cohen on Facebook

 

 

Browse more venture capital transactions:

Prev: 2/12/2015: Conductor venture capital transaction
Next: 2/12/2015: AppFirst venture capital transaction

 

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