VentureBeat: Taulia Raises $8.5M to help suppliers avert their own debt crises

July 26, 2011 Keith Chapman

Taulia, which offers discounts in exchange for early payments, has raised $8.5M in a second round of fundraising, VentureBeat reports.

“In a sluggish economy, San Francisco-based Taulia is offering suppliers an alternative to the traditional – and expensive – modes of external financing,” writes Meghan Kelly. “This means suppliers of all sizes can avoid resorting to lenders and keep paying their employees.”

Read the entire article in VentureBeat.

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