Silicon Valley Bank provided a $6 million line of credit while investors chipped in $7.5 million. The venture funding was led by Split Rock Partners and had participation from existing investors, Bessemer Venture Partners, Emergence Capital, Sigma Partners and Sutter Hill Ventures. Intacct said it would use the funds to develop products and expand its channel. The company has enlisted accounting firms as resellers and also to use its application to provided outsourced accounting services.