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July 25, 2013 04:20 pm GMT

Japanese Cloud-Based Accounting Software Startup Freee Raises $2.7M In Series A Funding From DCM And Infinity Capital Partners

freee_new_logoJapanese startup freee, which provides online accounting software for small businesses, announced that it has raised $2.7 million in Series A funding from DCM and Infinity Capital Partners. Founded by Daisuke Sasaki, who previously led Google's small- to medium-sized business marketing in the Asia-Pacific region, freee targets Japanese SMBs that don't want to purchase expensive packaged software. freee will use its new funding to accelerate product development.

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