The finance management software developer raised $28.5m in its third round in the past year, to increase its overall funding to $85m.
China-based payroll software provider eRoad Software, which counts quantitative trading firm Susquehanna International Group (SIG) as an investor, has received more than RMB200m ($28.5m) in series C3 funding, DealStreetAsia reported yesterday.
Investment banking firm China Renaissance provided the capital through its Huaxing Growth Capital subsidiary and the transaction took the company’s total funding to more than $85m, according to a company statement cited by DealStreetAsia.
Founded in 2004, eRoad produces software tailored for large businesses, helping them to effectively manage…
