Venture capital firm Mohr Davidow Ventures led the round for Coupa alongside peers El Dorado Ventures, Battery Ventures and BlueRun Ventures, which span off from phone maker Nokia in 2005 but retains the Finland-based former parent as an investor.

Coupa Software, a US-based developer expenses management software, has raised $12m for its series D round.

Venture capital firm Mohr Davidow Ventures led the round alongside peers El Dorado Ventures, Battery Ventures and BlueRun Ventures, which span off from phone maker Nokia in 2005 but retains the Finland-based former parent as an investor.

Jonathan Ebinger, Partner at BlueRun Ventures and Coupa’s initial backer, said "Coupa has emerged as a significant player in not only the e-procurement and expense management…

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