[ Billtrust raises $50M in Series D ]

Billtrust has raised $50 million in Series D funding.

Founded in 2001, Billtrust  is the premier provider of automated invoice-to-cash solutions. It integrates three key areas of the invoice-to-cash process: presentment, payment, and cash application, helping its clients connect with their customers and cash while strengthening their revenue and cash flow.

The companyplans to use the new financing  to strategically grow into adjacent markets, continue to innovate the products and services available in their Quantum Payment Cycle Management solution and expand their global presence.

Funding  Series D
Founded  2001
Country  USA
City  Trenton, NJ
Founder / CEO  Flint Lane
Deal Size  $50M
Investors  Riverwood Capital
Previous Investors  Bain Capital Ventures
 Edison Partners
 Goldman Sachs