Financial SaaS Company Intacct Raises $13.5M Led By Split Rock Partners, Secures $6M Line Of Credit From Silicon Valley Bank

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http://techcrunch.com – San Jose-based SaaS/cloud financial management company Intacct has raised $13.5 million in a new funding round from existing investors, with Split Rock Partners leading the round with a $7.5 million investment. Bessemer Venture Partners, Emergence Capital, Sigma Partners, and Sutter Hill Ventures also participated. The remainder of the funding was made up by a $6 million line of credit secured from Silicon Valley Bank. Intacct said it plans to use the new investment to drive continued growth — also today it announced 97 percent year-over-year overall growth in new customers bookings & (IT news)