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Palo Alto-based Bill.com announced today that it has raised $8.5M in a Series C financing round. The firm, which automated bill management and payment for small and midsized businesses, said the funding was led by Jafco Ventures, and also included DCM, Emergence Capital, and August Capital. The firm said the funding brings its total raised to $25M. Nick Sturiale at Jafco joins the firm's board as part of the funding.
posted on Wednesday, June 16, 2010 (Link to more information)

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