TELUS-Backed Taulia Raises $18M Series C Round

San Francisco-based Taulia Inc., a cloud-based payment and discounting solutions provider, has raised US$18 million in Series C financing. The deal involved an initial close of US$12.5 million led by German investor Klaus Hommels and Lakestar, with the participation of existing investors, including Matrix Partners, Trinity Ventures, TELUS Ventures and DAG Ventures. A secondary closing of US$5.5 million is underway. Earlier in August, Taulia entered into a strategic partnership with TELUS Corp. and its venture capital arm to expand the company's presence in Canada.

31 August 2013•3 mins read
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