Business Cloud News

Coupa closes $80m funding to bolster financials in the cloud

Coupa secured $80m in its latest funding round

Cloud-based provider Coupa has secured $80m in a funding round led by T. Rowe Price Associates and Iconiq Capital, bringing total investment raised by the startup to $165m.

Coupa, NetSuite partner on cloud-based ERP, expense management integration

Coupa and NetSuite are integrating their platforms and jointly marketing them to enterprises

The companies said the move will help consumerise financial applications within the enterprise without sacrificing the capabilities that help the firms compete with large incumbents (i.e. SAP and Ariba), and make it easier for users to purchase goods and services from suppliers.

Cloud spend management provider Coupa raises $40m

Coupa, which competes with incumbents like SAP and Oracle, raised $40m in its latest round of funding

Coupa, a provider of cloud-based spend management software announced this week that the company has secured $40m in a round of funding led by Meritech Capital, bringing its total take since its founding in 2006 to $87.5m. The company said the latest round of funding will help the company grow its cloud-based financial management software and eclipse other providers.