Intacct Raises $12.3M

San Jose-based Intacct, which develops cloud-based, financial management and accounting software for companies, reported today that it has raised another $12.3M in funding. The round was led by Split Rock Partners, and also included prior investors Bessemer Venture Partners, Emergence Capital, Sigma Partners and Sutter Hill Ventures. The funding will go towards hiring and growth. Intacct is headed by Robert Reid. More information »