Wednesday, May 4, 2016 5:01:00 AM PDT | VentureDeal
Vancouver, Canada -- Accounting software company Bench has secured $16 million in its second round of institutional venture capital investment.
Bench has created software and a bookkeeping service that enables small businesses to efficiently keep track of their finances. Bain Capital Ventures (Indy Guha) led the round, which included previous investors Contour Venture Partners (Bob Greene) and Altos Ventures (Anthony Lee). The company said it would use the funding to enhance its existing product and roll out a new service. CEO Ian Crosby co-founded the firm in September 2012.
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