Outright raises $5.5M to help small businesses with their finances
Outright, which offers a free online application to help small businesses manage their finances, has raised $5.5 million in a first round of institutional funding led by Sequoia Capital. The firms that invested in Outright’s seed round — First Round Capital, Shasta Ventures, and SoftTechVC — also participated. The Campbell, Calif., company has now raised a total of $7.5 million.
Outright raises $2M for dead simple finance software
Outright, a company that offers simple web software to help small businesses manage their finances, has raised $2 million in a first round of venture funding.
Chief executive Kevin Reeth gave me a demo last July, back when the company was called Bootstrap, and I was impressed by the way he’d been “absolutely ruthless in simplifying and paring things down.” Services include tracking sales and business expenses, organizing your business records for taxes, and reminding you… Continue Reading