Rearden raised its planned $47m at the start of February from 21 investors, according to a regulatory filing.

Rearden Commerce, a US provider of tools to help companies sell online formerly known as both Talaris and Gazoo, has raised $47m in its latest round of funding after buying Ketera Technologies in December.

Patrick Grady, founder and chief executive of Rearden, said: "Now, companies will have a single solution enabling them to efficiently and accurately enforce corporate policies and govern spend across T&E [travel and entertainment], business services and supplies."

Rearden raised its planned $47m at the start of February from 21 investors, according to a regulatory filing.

Rearden previously raised about $200m from venture capital firms Foundation Capital, Oak Investment Partners, Empire Capital Partners and Chase Capital Partners and credit card company American Express, according to news provider Citybizlist.

James Mawson

James Mawson is founder and chief executive of Global Venturing.