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Practice Ignition Snares $50 Million

Practice Ignition has raised $50 million in Series C Funding. The company says it will use proceeds to grow its business iin APAC, North America and EMEA.

Practice Ignition makes software that makes it possible for firms to develop proposals for prospects and clients and to automate payment collection. It integrates with Gusto, QuickBooks, Xero and Zapier.

The Sydney, Australia-based software company had already announced plans last month for a new North American R&D team, headquartered in Toronto, Ont. Its focus includes product management, and engineering.

Funding was led by JIM Equity with participation from existing investors Tiger Global, EVP and other angel investors and family office group.

 

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