FloQast Adds $25M In Series B Funding

Los Angeles-based accounting software developer FloQast has raised $25M in a Series B funding round, the company announced today, bringing its total raised to $33M. The new funding was led by Insight Venture Partners, and also included Toba Capital and Polaris Partners. Harley Miller of Insight Venture Partners joins the company's board with the funding. FloQast develops close management software for accountants. The startup, which is led by Michael Whitmire, said it will use the new funding for product innovation, expansion into overseas markets, and scaling of go-to-market. More information »