, a cloud-based procurement software company headquartered in Vancouver, Canada, today announced that it’s secured $20 million in series B financing, bringing its total raised to nearly $30 million. Information Venture Partners led the round, which saw contributions from Runa Capital, HarbourVest Partners, Manulife, and Kensington Capital’s BC Tech Fund.
The vote of venture confidence comes after shored up its C-Suite with the hiring of Eric Bin, previously director of product at Clio, and former Hootsuite CTO Simon Stanlake. Bin and Stanlake stepped into the roles of VP of product and SVP of engineering, respectively.
“The way organizations are managing their spend has evolved and changed throughout the years, and the landscape of business tools need to keep up with that evolution,” said cofounder and