HomeUSABillingPlatform Raises $18M in Funding

BillingPlatform Raises $18M in Funding

-

BillingPlatform, an Englewood, Colorado-based provider of cloud-based quote-to-cash solutions, raised $18m in funding.

The company has secured an initial $4m commitment from Columbia Capital with the firm planning to invest an additional $14m. In conjunction with the funding, Jason Booma, Partner at Columbia Capital, joined BillingPlatform’s Board of Directors.

The money will be used on sales and marketing, product development and support for BillingPlatformā€™s global customer base.

Led by newly named CEO Dennis Wall, who joined the company in January 2017 as its chief revenue officer, BillingPlatform provides a cloud-based platform that supports quote-to-cash and related processes, such as billing and revenue recognition. It offers a native metering and rating engine that enables complex business models, and integrates with CRM, ERP and other core systems.

Co-founders Nathan Shinn and Leonid Solomonik have been named Chief Strategy Officer and CTO, respectively.

FinSMEs

29/08/2017

THE DAILY NEWSLETTER - SIGNUP