TechTaffy

tech:

taffy

BillFloat Secures $21M Funding

By TechTaffy Desk

billfloat

[Techtaffy Newsdesk]

BillFloat has raised $21 million in new funding.

This investment round was led by Investor Growth Capital and joined by returning venture investors Venrock, First Round Capital and Baseline Ventures, and new investor Bronze Investments.

BillFloat has raised a total investment of $36.9 million till date.

BillFloat’s More-Time-To-Pay (MTP) platform connects lenders with retailers and service providers to provide instant financing solutions for consumers and small businesses.

BillFloat is privately held and based in San Francisco, California. It launched in 2009. Investors in the company include First Round Capital, Venrock, PayPal, SoftTech VC, Baseline Ventures, and SV Angel.

Just in

Around the web

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.
IT

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.
AI

OpenAI introduces new enterprise features

OpenAI announced new features aimed at enterprise users on Tuesday, at the wake of Meta's recent LLama 3 announcement.
Around the web

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.
Industry

Square expands offline payments globally

Payment processing company Square has announced the expansion of its offline payments feature to all hardware devices and countries.