Taulia Connect and Funding Recap

September 26, 2014 Keith Chapman

taulia-connect-and-funding-recap

Pfew! What a week!

We started it off by hosting our third annual Taulia Connect Customer Conference with more than 200 customers, prospective customers, industry analysts, and members of the media in attendance.

Attendees heard rousing customer testimonials from the likes of Tyson Foods, PG&E, a global beverage company, and a top online retailer, listened to keynotes from Taulia executives about how to optimize the platform, and got an early look at some of Taulia’s latest announcements. Taulia Connect attendees heard first that the startup has raised an additional $13 million in Series D funding, bringing the round to a total of $40 million.

A day later, the world heard. TechCrunch broke the funding news with a 550-word feature article. Ryan Lawler wrote, “Increasingly, the company’s clients are global[…] The additional Series D financing will be helpful in launching into new markets not just because it has more capital, but also thanks to the strategic nature of the investors that have come on board. New investors include EDBI, the corporate investment arm of Singapore’s Economic Development Board, as well as BBVA Ventures, which is the corporate venture arm of Spain’s BBVA Group.”

The SF Business TimesAustin Business Journal, Birmingham Business Journal, followed up with their own articles about the latest raise, while Fortune included Taulia in its daily funding recap. Taulia has now raised $70 million in funding.

As if that wasn’t enough, we also announced the launch of Taulia Analytics at the conference. Attendees were treated to a session introducing the product and its capabilities, and they were able to try it out for themselves at a demo station. Taulia Analytics aggregates and analyzes millions of supplier transactions, from more than 300,000 suppliers, conducted on the Taulia portal since 2009. The analytics platform will provide customers with an unprecedented look at business trends, while helping companies set goals, compare themselves to industry averages, and streamline their supply chains. 

Pretty exciting week, huh? We’ve loved every minute of it. But we’re also ready for the weekend.

Previous Article
Forbes: It's Time to Rein in Shady Small Business Loan Brokers
Forbes: It's Time to Rein in Shady Small Business Loan Brokers

As you know, it’s quite difficult to find a loan if you’re a small business owner. The loan process is so t...

Next Article
New Study: Business Lack Access to Capital, and How Buying Organizations Can Help
New Study: Business Lack Access to Capital, and How Buying Organizations Can Help

According to a new survey from Pepperdine University and Dun & Bradstreet Credibility Corp and the private ...