The Stanford University spinout has attracted $10.6m in an Entertainment Partners-backed series B round, a week after closing $10m in series A funding.

Exactuals, the US-based developer of a software platform that organises entertainment payments, has raised $10.6m in series B backed by entertainment sector-focused payroll services provider Entertainment Partners (EP).

Financial services firm City National Bank led the round, which included venture capital firm TTV Capital. Exactuals closed its $10m series A round, co-led by City National and TTV Capital with participation from Stanford University’s StartX Fund, last week.

Founded at Stanford University’s Graduate School of Business in 2011, Exactuals has built…