Cevinio in a €4.5M round backed by Endeit Capital and CNBB Partners.

Cevinio, a Rotterdam, Netherlands-based SAAS developer of a smart invoice solution, announced that it completed a capital raise funding round.

The money was raised from Dutch investors from InnovationQuarter, joined by exitsing shareholders Endeit Capital and CNBB Equity Partners.

The company also announced adding new members to its board - Bernadette Wijnings, co-CEO and co-founder of Blanco Fintech; Rene van Stiphout, founder of De Haas Ventures and former MD at Oracle; and Serge Poppes, CEO and founder of Pegamento.

Cevinio, founded as InvoiceBlox in 2013 by Jeroen Volk and Vincent Prooij, developed an invoice-to-pay software solutions for corporates handling invoices and for making timely payments to suppliers. Customers include Allianz Global Investors, OMV Petrom, and Leaseplan Corporation.

Cevinio previously raised €4.5 million round of investment from Endeit Capital and CNBB Venture Partners.