Cloud-Based Accounting Software

Canopy receives $42M in funding

Canopy, a cloud-based practice management system for accountants and tax professionals, has received $42 million in its latest funding round. “We have seen significant demand from both the investor community and customers to offer a better solution than what is currently available in the market,” said Canopy CEO Kurt Avarell in a statement. Canopy plans to use the funding to further develop the pipeline