Taulia, With Office In Park City, Raises $18M

Taulia, a developer of software-as-a-service for managing sales discounting and invoicing--and which has operations in Park City, Utah--announced this morning that it has raised $18M in a Series C funding round. The firm, which has its headquarters in San Francisco, said the funding came from Klaus Hommels and Zurich-based venture investor Lakestar; the investment also included Matrix Partners, Trinity Ventures, TELUS Ventures and DAG Ventures. Taulia is based in San Francisco, and develops software used by companies to manage invoicing, payment, and discounting of payments from suppliers. More information »