Coupa Software Establishes $50M Venture Capital Fund
Led by J.J. Freitag, managing director, Coupa Ventures will invest in early- and growth-stage companies breaking down inefficiencies in how businesses manage their spend, aligning processes and decisions across supply chain, procurement, and finance. As part of its debut, Coupa announced the fund’s first two portfolio companies: Zylo and SourceDay. Led by Eric Christopher, co-founder and CEO, Zylo is a SaaS management platform helping companies manage and optimize cloud-based applications. The company’s platform provides organizations with visibility into what software is being use...