Enable, a startup selling access to a platform that helps business-to-business (B2B) companies manage their rebate programs, today announced that it raised $94 million in an oversubscribed Series C round led by Insight Partners with participation from Lightspeed Venture Partners, SE Ventures, PSP Growth and HarbourVest Partners. Bringing Enable’s total capital raised to $156 million, the proceeds will be put toward increasing headcount and expanding to new markets, particularly Europe, CEO Andrew Butt told TechCrunch in an interview.
Rebates are a familiar concept in the consumer space,
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