Coupa Software Gets $7.5M

San Mateo-based Coupa Software, a developer of software-as-a-service for electronic procurement, said today that it has raised $7.5M in a Series C funding round. The round was led by El Dorado Ventures, and also included prior investors Blue Run Ventures and Battery Ventures. Coupa's software is used by companies for procurement and purchasing products. Charles Beeler of El Dorado joins the firm's board along with the funding. More information »