Online cash management service CashView said it received $6.5 million in a second round of funding led by Emergence Capital, giving the company a lift as it launches its product with a free trial.
The service allows businesses to send invoices, receive payments and pay bills online while storing all their documents, processes and transactions. "The kicker is that you end up with a cash view of your balance that allows you to manage your cash flow at a glance," said CashView CEO Rene Lacerte.
This is the second round of funding for the company, which received its first round of $2.1 million from the venture capital firm DCM and angel investors a year and a half ago.
The product is free until the end of the year. Afterwards, it costs $10 per month per user, plus $1 per transaction.
