Accounting software company Xero zeros in on QuickBooks with $67M

Online accounting software company Xero raises $67 million from venture capitalists, shareholders to take on QuickBooks' US dominance.

Xero brings its smart & slick accounting software to Android

Accounting software businesses Xero has launched a new Android app to make accounting more mobile and real-time than ever in our increasingly fast-paced business exchanges.

As taxes loom, Outright parses point of sale data for small businesses (exclusive)

It’s tax season, and you can almost smell the sweat dripping from nervous small business owners’ noses. Accounting software maker Outright wants to be the sweatband by connecting a data hose to your website’s point of sale product.

“We’re going …

Peter Thiel opens venture fund for New Zealand tech

PayPal co-founder Peter Thiel must have a thing for Kiwis. He’s launching another venture fund focused on the otherwise unheard of New Zealand technology scene.

The fund, which Thiel is executing through his venture capital firm Valar Ventures, totals $32 …

Small business accounting service Xero raises $16.6M

Xero, an online-accounting service for small businesses, announced today it has received $16.6 million in its latest round of funding. PayPal co-founder and early Facebook investor Peter Thiel participated in the round.

“Xero was started by a few entrepreneurs who …