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Online Payment Provider Fusebill Secures $2M Investment Led By OMERS Ventures

FusebillFusebill, a provider of automated, flexible and affordable subscription billing and payment solutions has just announced it has secured $2 million investment led by OMERS Ventures as well participation from Covington Capital Corp.  The company will use the additional funds to help execute its strategy, and position itself as a significant player in the growing small-to-mid market SaaS billing and analytics space.

Fusebill’s online software automates invoicing, billing and collections of subscription and recurring revenue for small and medium businesses, which in a world of SaaS-based business models is becoming increasingly more important.