Wednesday, February 16, 2011

Paperless Billing Service Doxo Raises $10 Million In Series B Funding

Paperless billing is one of those things that is slower to take hold than it should, but it just seems inevitable that is how we all will be receiving our bills sooner or later. One startup trying to speed along the paperless era is Doxo, which just raised a $10 million. The Series B financing was led by Sigma Partners, with previous investors Mohr Davidow and Bezos Expeditions participating. Thomas Layton, the former CEO of OpenTable from 2001 to 2007, also invested and is joining Doxo's board of directors. Greg Gretsch from Sigma is also taking a board seat. This round brings the total raised by Doxo to $15 million since it was founded in 2008. As I described the service last year:

Source: http://feedproxy.google.com/~r/Techcrunch/~3/HxCYKGXCHR4/

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