US-based professional services software developer BigTime Software has completed a $14m funding round featuring MassMutual Ventures, the corporate venturing arm of insurance firm Massachusetts Mutual Life Insurance.
Growth equity firm Wavecrest Growth Partners led the round, which was filled out by investment firm Migration Capital.
Founded in 2002, BigTime has built a platform that provides cloud-based productivity software tools covering areas including expense tracking, timesheets , invoicing, project management and reporting to more than 2,000 professional services firms.
The software can be integrated with accounting software product QuickBooks, as well as productivity apps such as G-suite, Slack, Zapier and Lacerte.
The company will use the proceeds to expand its senior management and product development teams and bolster its sales and marketing efforts. It had collected $2m in a 2011 series A round that included LTC Partners, Geneva Venture Investment Management, Hickory Grove and Howell Capital.