FreeBalance weighs in $3 million

Dawn Kawamoto
Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
FreeBalance announced Monday that it raised $3 million for its second round, led by Societe Innovatech du Grand Montreal and previous investor TechnoCap. The Ottawa-based company has raised more than $6 million to date.
FreeBalance develops software to automate the business operations and financial processes of government agencies.