Cloud-based document storage and sharing solution provider SmartVault has closed a $4.5 million round of funding.
The funding will allow SmartVault to accelerate development efforts on its core services, focusing on adding features that further streamline workflow for accountants as well as expand platform support and continue investment in an open API platform, which also supports a growing ecosystem of integration partners. The company is also expanding its training and customer care teams to handle a customer base that is growing in large part due to its integration with’s Intuit Lacerte and Intuit ProSeries.
“We are excited to put more capital to work to expand our document management platform and continue to scale business operations to deliver a great customer experience at every level of engagement with SmartVault,” said company founder and CEO Erik Pulaski in a statement. “Our mission has always been to create solutions that solve the unique document workflow needs of accounting professionals and the businesses they serve—elevating their workflow to new levels of efficiency. This round of funding will allow us to continue to deliver on this promise.”
The funding is backed by a group of private investors including the founders of CyrusOne, a colocation solutions provider, and a group of the original investors in cloud infrastructure-as-a-service solutions provider Softlayer, which was acquired by IBM in 2013.
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