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Software company captures $7.5 million

Dawn Kawamoto
Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
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Emagia received $7.5 million in a second round of funding, the software developer announced Tuesday. Sigma Partners and WestBridge Capital Partners contributed to the round. The Santa Clara, Calif.-based
Emagia has raised a total of $13.5 million. The company develops software applications designed to help medium to large companies automate their receivable, payable and treasury management processes. The company's software also allows internal and external collaboration among employees and company partners.