Document Management
- Parent Category: ROOT
- Monday, 15 June 2015
- Published Date
- Written by The Progressive Accountant
eFileCabinet, which makes online and on-premise document management applications, has received $14 million in venture capital funding. The Lehi, Utah-based company secured the funds from Palo Alto, Calif.-based Allegis Capital and Salt Lake City, Utah-base-Signal Peak Ventures.
The software publisher it will invest funds in sales and marketing effort, along with pursuing strategic partnership and OEM opportunities. eFileCabinet integrates with several application, including Salesforce, Microsoft Office and QuickBooks.
CEO Matt Peterson noted in a prepared statement his company has "seen incredible market traction across numerous verticals." The company's platform is used by accounting businesses as well those in the education, human resources, legal and transportation markets, among others.
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