Chrome River raised $35 million in December from its
existing investors: Argentum Group, Bain Capital, First Analysis and Great Hill
Partners. The expense management and invoice firm said it would use the funds
to expand internationally, innovate products and scale customer service support
for its more than 1.5 million users. The capital also could fund acquisitions. Chrome
River raised $100
million from Great Hill Partners in 2015 and $17
million in 2014 from Bain Capital, Argentum Group and First Analysis.