SaaS buying platform Spendflo raises $11 million in funding led by Prosus, Accel

Spendflo, a SaaS (software-as-a-service) buying and management platform, on Tuesday said it has raised $11 million from investors led by Prosus Ventures and Accel.

The Series A funding comes 10 months after its seed round. The San Francisco-headquartered company said the fresh capital will help fuel product growth and accelerate global expansion with a focus on the North American market.