Israeli technology company Nipendo said today it has raised $8 million in a second round of funding, which it will use to scale its business operations and expand to the United States by opening its new headquarters in Boston.
The funding round was led by Facebook, Spotify and Siri investor Horizons Ventures. Tel Aviv-based Magma Venture Partners also participated in the round.
The company added that Gilad Novik, chief technology officer of Horizons Ventures, has joined Nipendo's board of directors.
Nipendo said it provides enterprise-level organizations with a highly scalable, cloud-based, trading partner network that removes the barriers to widespread deployment of electronic procurement and invoicing.
The company said its platform is used by numerous companies, including Pfizer, HP, IBM and Office Depot.
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