Practice Ignition has raised $50 million in Series C Funding. The company says it will use proceeds to grow its business in in APAC, North America and EMEA.
Practice Ignition makes software that makes it possible for firms to develop proposals for prospects and clients and to automate payment collection. It integrates with Gusto, QuickBooks, Xero and Zapier.
The Sydney, Australia-based software company had already announced plans last month for a new North American R&D team, headquartered in Toronto, Ont. Its focus includes product management, and engineering.
Funding was led by JIM Equity with participation from existing investors Tiger Global, EVP and other angel investors and family office group.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind