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INTACCT RAISES $3 MILLION?

There's been no press release from the company, but a filing with the SEC shows that online financial application vendor Intacct sold $3 million in convertible preferred stock in June. It's the first SEC filing in more than two years which came as part of a $15 million round of financing the company announced at that time. The nice thing about it is that in the 2008 filings showed little other than stock had been sold. The form Ds now filed with the SEC give the amounts sold, date and types of securities involved. With the company signing Taylor Macdonald to enlist resellers and CPA firms this summer, Intacct has been very busy.
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