Lavante racks up $5M for vendor communication services
Lavante, a company that automates communication between vendors and major companies to prevent transaction errors and losses, has taken in $5 million in second-round funding from Venrock and ATA Ventures. Based in San Jose, Calif., the firm, previously known as AuditSolutions, plans to use the new money for continued product development.
It claims its software can help Fortune 1000 companies recover three times as much cash as they can using manual or other auditing options. The… Continue Reading