Tech Company Financing Transactions
Xero Funding Round
On 10/15/2013, Xero raised $150 million in funding from Matrix Capital Management and Valar Ventures.
Transaction Overview
Company Name
Announced On
10/15/2013
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Undisclosed
Investors
Matrix Capital Management (David Goel)
Proceeds Purpose
The new funding will empower the company to take on incumbent QuickBooks provider Intuit and accelerate its rapid growth and market adoption.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
1615 Platte St. 400
Denver, CO 80202
USA
Denver, CO 80202
USA
Phone
Undisclosed
Website
Email Address
Overview
Xero is a global company with offices in the United States, United Kingdom, Australia and New Zealand. Xero is the emerging leader in online accounting software, providing business owners with real-time visibility of their financial position in a way that's simple, smart and secure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Vamos
Chief Financial Officer
Kirsty Godfrey-Billy
Chief Technical Officer
Mark Rees
VP - Bus. Development
Keri Gohman
VP - Customer Service
Rachael Powell
VP - General Counsel
Chaman Sidhu
VP - Product Management
Anna Curzon
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Where The Data Comes From
We record all VC transactions involving tech companies. VC transactions reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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