View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
December 19, 2006

Payment services firm closes $3m

Bill presentment and payment services firm Transcepta LLC has closed a $3m second round of funding led by Tech Coast Angels. Officials at the Aliso Viejo, California startup said the money would be directed at infrastructure and marketing.

By CBR Staff Writer

The company’s first round of funding was in 2005, the year of its founding, and was also led by Tech Coast Angels.

Transcepta’s services help B2B firms send invoices electronically – via an ACH bran transfer of credit card – or via mail. The service integrates seamlessly with virtually any accounting package. Current customers are using systems including QuickBooks, Great Plains, Profit 21, and various homegrown systems.

Unlike other vendors’ invoicing solutions, that often require weeks or even months of onsite installation, Transcepta boasts that its service can be implemented over the web in half an hour.

Content from our partners
How to engage in SAP monitoring effectively in an era of volatility
How to turn the evidence hackers leave behind against them
Why food manufacturers must pursue greater visibility and agility
Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.