MYOB co-founder Craig Winkler among early investors, as Practice Ignition raises $650,000 seed funding2:04PM | Friday, 21 February 2014 | Practice Ignition, an Australian firm that helps accountants to streamline their interaction with clients, has raised $650,000 in seed funding from investors including MYOB co-founder and early Xero investor Craig Winkler.
8:21PM | Monday, 5 August 2013 | Start-ups need to recognise no matter what product or service they offer, they’re technology companies and the key to growth is automation, says Marc Lehmann, chief executive of Australian accounting platform Saasu.
7:13PM | Wednesday, 17 July 2013 | Melbourne-based payment system start-up Pin Payments has acquired the subscription payment management service and customer base of US-based Spreedly.
7:10PM | Monday, 8 July 2013 | With a new book, XERO for Dummies, out on the market, Heather Smith is a big believer in cloud accounting, especially for business owners who aren’t comfortable with their financial literacy.
2:09PM | Friday, 8 February 2013 | 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.
12:00AM | Monday, 3 December 2012 | Valar Ventures, a fund backed by PayPal co-founder Peter Thiel, has joined another firm to invest an additional US$49 million into cloud-based start-up Xero.
7:57PM | Tuesday, 31 July 2012 | What are your options when a big company comes knocking with a nice set of numbers and a contract to sign? It’s a dream for some and a tricky proposition for others. BY LEON GETTLER.
2:51PM | Thursday, 2 February 2012 | 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.
10:22PM | Tuesday, 11 October 2011 | 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.
7:00AM | Monday, 25 July 2011 | 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.