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January 23, 2013 11:57 pm GMT
In a bid to reach scale and with it reap the benefits that network effects bring, Tradeshift, the free e-invoicing and business interactions platform, has partnered with Intuit, along with taking a strategic investment from the legacy accounting software maker. The amount isn't being disclosed -- said only to be 'multi-million' and at an increased valuation than Tradeshift's most recent funding round -- though an earlier draft press release that has since been retracted pegged Intuit's investment at $10 million.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/l1pZTRJlF_o/
Business Interactions Platform Tradeshift Receives Strategic Investment From Intuit, Access To 5M QuickBooks Customers
In a bid to reach scale and with it reap the benefits that network effects bring, Tradeshift, the free e-invoicing and business interactions platform, has partnered with Intuit, along with taking a strategic investment from the legacy accounting software maker. The amount isn't being disclosed -- said only to be 'multi-million' and at an increased valuation than Tradeshift's most recent funding round -- though an earlier draft press release that has since been retracted pegged Intuit's investment at $10 million.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/l1pZTRJlF_o/
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