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PaySimple Grabs $16 Million VC Financing

Tuesday, October 04, 2011 5:54:00 AM PDT | VentureDeal Staff

   Denver, Colorado  --  Software development company PaySimple has garnered $16 million in a new round of institutional venture capital funding.

PaySimple has created software that helps property managers and owners automate the collection of monthly rent payments.

Susquehanna Growth Equity provided the funding, which the company said would be used to meet demand and increase its service posture.

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