Intacct Seals $13.5M In VC, Debt

Intacct, a maker of cloud financial management and accounting software, has raised $13.5 million in venture financing and debt financing. The money will use the funds for product development and distribution. The financing has included a $7.5 million venture funding round led by Split Rock Partners. Existing investors including Bessemer Venture Partners, Emergence Capital, Sigma Partners, and Sutter Hill Ventures also participated. The remainder of the funding came in the form of a $6 million line of credit with Silicon Valley Bank.

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