Business Cloud News
Rob BernshteynRSS

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.

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.