2013 was an incredible year for Bill.com. We signed two of the nation’s top five banks. We raised $38 million in funding from Scale Venture Partners, Bank of America, American Express, Fifth Third Bank and Pete Kight, founder of CheckFree. We doubled our revenue while growing our network to more than 275,000 users. We grew our employee team to more than 100.
Earlier this month, approximately two million online accounts were compromised at the some of the biggest players out there including, Facebook, Google, Yahoo, Twitter, and LinkedIn. You may have not even noticed this story because nowadays this type of occurrence is everyday news. But there is something pretty shocking about this case, in my mind. It is the password details of the stolen data.
One of our greatest successes this year has been the rapid growth of the Bill.com Business Payments Network. As of December 2013, our first-of-its-kind Network has enabled more than 275,000 members to pay and get paid millions of bills worth over $12 billion annually, and to share financial data and collaborate with trading partners.
The crisp mornings and falling snowflakes make summer vacations seem like a distant past, but we want to remember the fun of summer vacation, so we caught up with our Bills on Vacation photo contest winner Cindy Schroeder, of Bright Bookkeeping, to see how she is enjoying her prize and talk about how she and her clients use Bill.com.
6 Payments mistakes that are costing your business. And how to avoid them.
click to enlarge the infographic
Last night, we honored some of our portfolio companies at the Emergence Capital Annual CEO Forum, an afternoon and dinner with all of our portfolio company CEOs. Here is the text of my toast to Rene Lacerte, founder and CEO of Bill.com:
7, 6, 5...
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2013 has been an amazing year for Bill.com. We have seen growing traction with the banking industry, made major strides in automating once mundane tasks for accountants and bookkeepers, grown our Business Payments Network to record numbers, received countless awards and accolades, and even secured another $38 million in funding to help us reach more businesses and bring our growing community even better solutions. It has been a great yearone...
The new features in Bill.com’s November Release ease the process of integrating applications with Bill.com and enhance the overall customer experience. You can read more about them below.
Today we are announcing that we have raised an additional $38M in capital, bringing our total to over $80M during the past seven years. This round was led by Rory O’Driscoll of Scale Venture Partners, included all of our existing investors and introduced new support from some premier financial institutions – Bank of America, American Express and Fifth Third Bank. And, to cap all of this off, Pete Kight, the founder of Checkfree, the world’s...