June 10, 2016 Comments Off on Tradeshift raises $75 million
Software startup Tradeshift has raised $75 million from a consortium of investors, including Data Collective, HSBC, American Express Ventures, Notion Capital and others. The latest round values the company at around $600 million. Tradeshift sells digital invoicing and supply-chain software to help manufacturing companies streamline their communications and transactions with suppliers. The company offers a host of solutions that includes CloudScan®, which can automate the process of invoicing and eliminate the need for manual input of invoices via email, PDF or email. The company plans to use its new funds to expand globally and introduce new services.
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