Xero

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Reckon looking to take on Xero by joining cloud accountancy battle

3:55AM | Friday, 15 March

Reckon is aiming to shake up the Australian accounting software market when it launches its first cloud-based product Reckon One in the next quarter.

Gold Coast start-up develops an app for all the stats that matter

12:54AM | Monday, 17 December

Dan Norris was inspired to set up Informly whilst working in his previous company, a website design agency.

Peter Thiel-backed fund pours further investment into Xero

3:06AM | Monday, 11 March

A venture capital firm backed by PayPal co-founder Peter Thiel has teamed up with another investor to pour US$49 million into New Zealand-founded start-up Xero, increasing the total amount raised to date by the cloud-based venture to US$67 million.

PayPal founder launches $40 million fund for NZ start-ups

3:52AM | Saturday, 24 March

Peter Thiel has set up a $40 million venture capital fund in partnership with the New Zealand Venture Investment Fund, which could be open to Australian start-ups prepared to relocate.

Xero acquires Max Solutions after raising $15m

3:54AM | Friday, 15 March

Accountancy software company Xero has raised $15 million to fund global growth and has made its first acquisition for the year, snapping up Max Solutions in a deal worth almost $5 million.

Xero investor funds 10-month old start-up Go Vocab

10:29AM | Tuesday, 11 October

Xero investor and serial entrepreneur Rowan Simpson has invested an undisclosed amount in New Zealand start-up Go Vocab, which plans to internationalise its online language platform.

Tech start-up Paycycle swallowed up by Xero for $1.5m

7:21PM | Sunday, 24 July

Australian tech start-up Paycycle, which provides online payroll services, has been snapped up by accountancy software firm Xero for $1.5m, just two years after the company was launched.

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