Xero
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PayPal launches a small biz toolset, ‘Business in a Box,’ with WooCommerce & Xero
PayPal today launched a new service called Business in Box aimed at bringing more U.S. small business owners to its payments platform. The service offers merchants a suite of tools for running their online businesses, including an online storefront, accounting tools, the ability to apply for working capital from PayPal and support for taking payments either online or offline, via PayPal. Read More
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Xero Raises $111M And Hires New U.S. Lead For Its Cloud-Based Accounting Business
New Zealand-founded accounting software firm Xero has raised a $110.8 million round of capital to grow its business in the North American market. Xero — which provides online accounting software for small/medium businesses and accountants — said that the new funds come from Accel Partners and Matrix Capital Management, its largest institutional investor. Accel is providing the… Read More
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Cloud Accounting Startup Xero Expands Payroll Product In The US
New Zealand-based startup Xero has been working to make accounting easier for customers in the small and medium-sized business market. Today the company is announcing a new product that will extend it further into the back-office by offering up cloud-based payroll and tax software. Read More
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Cloud Accounting Company Xero Adds A New Chairman, Director, And CEO Of North America
New Zealand-based cloud accounting software company Xero is looking to step up its game in the U.S., and to do so it’s boosting its board and senior management ranks. That includes adding former Microsoft and GM CFO Chris Liddell as non-executive chairman of the board, bringing on HP exec Bill Veghte as director, and hiring former PayPal exec Peter Karpas as its CEO of North America. Read More
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Xero Zeros In On Another $150M To Do Battle With Intuit In The World Of Online SMB Accounting Software
Nearly a year after Peter Thiel, Matrix Partners and others put an extra $49 million into Xero, the online accounting software company is adding yet more capital to its coffers. Today the New Zealand-based startup announced that it has raised $150 million (NZ$180m), led again by Peter Thiel-backed Valar Ventures and Matrix Partners. Xero says it will use the funds to continue building out… Read More
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SMB Inventory Management Startup TradeGecko Partners With Xero Accounting
Cloud-based inventory and sales management developer TradeGecko has announced that it is now integrated with online accounting system Xero. The Singapore-based company says that the partnership will allow its clientele of small- and medium-sized businesses to monitor financial transactions in real time. Read More
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Inventory Management Startup Stitch Labs Integrates With Quickbooks Killer Xero To Simplify Accounting
Stitch Labs is making it easier for vendors to keep track of their finances by integrating with cloud accounting software provider Xero. By doing so, clients will be able to seamlessly pull in sales data from their Stitch accounts and have it automatically appear in Xero. Read More
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Sage Software Sells Off $100M In “Non-Core CRM” Assets In Attempt To Reinvent Itself
Sage Software, facing competition from a host of cloud providers, has sold off $100 million of its “non-CRM,” assets to focus on its core ERP and accounting practices. Read More
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Google, HelloFax, Expensify And Others Want You To Go Paperless In 2013
The “paperless office” has been a fantasy of office managers since the advent of the personal computer. While you are probably printing less today than you did ten years ago, the U.S. Environmental Protection Agency estimates that the average office worker still uses about 10,000 sheets of paper per year (the numbers for the UK are similar, too). To make a new push for a really… Read More
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Bill.com Opens The Data Behind The Business Transaction With A New Application Platform Powered By Open APIs
Bill.com is opening the data behind the business with a new application platform powered by open APIs for third party developers. The new platform allows developers to integrate native apps with Bill.com’s software so finance professionals can access more information from individual customer transactions in real-time. Read More
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Peter Thiel And Existing Investors Put Another $49 Million In Accounting Software Company Xero
PayPal co-founder Peter Thiel, along with existing investors, has invested $49 million in Xero, the online accounting software for small businesses. It is Thiel’s third investment in Xero. Earlier this year, Thiel and existing investors put $16.6 million into the company. Thiel invested $3 million in New Zealand-founded Xero in 2010. Read More
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Peter Thiel Invests $3 Million In Xero To Support Its US Expansion
PayPal founder and early Facebook investor and board member Peter Thiel has invested NZ$4 million (that’s about $3 million USD) in online accounting software company Xero to support its expansion into the US market. Thiel, who manages a hedge fund called Clarium Capital, will also join Xero’s US Advisory Board. Read More
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Outright's Simplified Online Bookkeeping Leaves Stealth Mode With $2 Million In Funding
There’s no shortage of bookkeeping software applications for self-employed people and small businesses on the market today, but that’s not stopping startups and venture capitalists from trying to get a piece of that action with fresh products. GoBootstrap was one of the startups taking a swing at catering to small-business owners with a dead simple, web-based tool that allowed them… Read More
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