News Filtered by : Investor

Xero raises NZ$60m from US investors

feedproxy.google.com on 11/29/2012

Excerpt: We’re thrilled to announce that Xero has just raised an additional $60m of capital from two of our existing investors. It’s a huge endorsement for what we’re doing and the great work our team continues to do. We’re just at the beginning of the business SaaS market and we have the resources to keep our foot on the throttle. It’s been a pleasure dealing with Matrix and Valar. Both of them continue to provide fantastic experience and advice. The full release is below and more than happy to take any questions. Xero Limited (XRO) has raised NZ$60 million of new capital from Valar Ventures (backed by Peter Thiel) and Matrix Capital Management.... read the full post.
Tags: Accounting, API-Evangelist, Investment, Investor, Xero