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FreshBooks Raises $43 Million

FreshbooksFreshBooks, which markets cloud accounting software, has raised $43 million in Series B Funding. The company expects to invest the funds to support North American growth and to support development of its latest product, launched in September.

 

The latest round of funding was led by Georgian Partners, an existing investor, joined by previous investors. Accomplice and Oak Investment Partners.

The company raised $30 million in institutional funding in July 2014.

 

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