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Los Angeles based payment tracking platform Exactuals has raised $10.6m in Series B funding only one week after announcing a separate $10m Series A round. Exactuals develops a SaaS product that tracks complex payments such as residuals and royalties.
Los Angeles-based Exactuals, the developer of a software-as-a-service product used to track complex payments such as residuals and royalties, announced on Wednesday that it has raised $10.6M in a Series B funding, bringing its total raised to $21.5M. The announcement comes only a week after it revealed an earlier, $10M funding round. The new funding came from Entertainment Partners (EP), City National, and TTV Capital. Darren Seidel, Chief Finance Officer of Entertainment Partners, joins the company's board along with the new funding.
http://www.socaltech.com/exactuals_adds____6m_in_series_b_a_week_after_series_a/s-0069221.html
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