Exactuals reaches for the stars in series B

Apr 11, 2017 •

The Stanford University spinout has attracted $10.6m in series B capital just a week after closing a $10m series A round that included the StartX Fund.

Exactuals, a US-based developer of a software platform that organises entertainment payments backed by Stanford University, today raised $10.6m in series B financing led by financial services firm City National Bank.

Entertainment Partners (EP), an entertainment sector-focused payroll services provider, and venture capital firm TTV Capital also contributed to the round

Founded at Stanford University’s Graduate School of Business in 2011, Exactuals provides a software-as-a-service platform for the entertainment industry that organises residuals, royalties and other complex payments.

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