Hamburg-based Taxdoo, an automated platform for financial compliance in the e-commerce industry has closed $21M (nearly €17M) Series A funding. This investment round was led by Accel, a global VC firm along with participation from 20VC, Visionaries Club, and existing investor HTGF. The company intends to use the investment for its rapid growth via international expansion, increased sales and customer support, hiring and R&D.
Source: siliconcanals.com