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ChargeBee Nets Series B Venture Capital Funding

Thursday, March 12, 2015 5:34:00 AM PDT | VentureDeal
   Los Angeles, California  --  E-Commerce technology company ChargeBee has received $5 million in its second round of institutional venture capital funding.

ChargeBee has developed software that helps businesses with recurring revenues handle billing and related transactions.

Tiger Global Management led the round, which include previous investor Accel Partners.

The company said it would use the funding to set up satellite offices in the US, UK and Australia.

It will also increase resources for its engineering team to develop additional value add services.

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