Xero Raises a Truckload of Cash from US Funds
Last week the announcement came that Xero had secured a huge investment round from US venture funds Valar Ventures (backed by Facebook founder Peter Thiel) and Matrix Capital Management. I’ve spent time talking with these US investors about Xero’s prospects and areas I thought the company would need to improve
Xero Raises Another Round and Acquires WorkFlowMax
Exciting news today from Xero ahead of their user conference tomorrow that spans two important announcements. I’ll cover them individually. $20M Raised from Existing Shareholders Existing shareholders have reinvested to the aggregate tune of $20M. Sam Morgan, Sam Knowles, Craig Winkler and Peter Thiel’s fund Valar Ventures have all taken
SaaS Accounting – Six (or Seven) Months On
I’ve been running my Accounting 2.0 series since the very first day of CloudAve – now, seven months on, it seems a good time to look back on what I’ve seen. In the past seven months I’ve reviewed around 25 SaaS accounting products, and written 30 or 40 analysis pieces looking at accounting 2.0. I’ve [...]
