Knowledge startup Arches raises $625,225 in funding round

Investment was raised by Vietnamese accounting firm I-GLOCAL.

Singapore-based knowledge-sharing startup Arches has raised $625,225 (JPY50m) in its latest funding round, according to a DealStreetAsia report.

The investment was raised from Vietnamese accounting firm I-GLOCAL and individual investors including a Bain Capital Private Equity managing director, an ACA Investments partner, and six other angel investors.

The company said that it will use the fund to expand its database across Asia.

Here's more from DealStreetAsia.

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