Xero, the online accounting software, has raised £90 million of new capital from a range of investors including existing shareholders Matrix Capital Management and the Peter Thiel backed Valar Ventures. The new funding will further enable the company to take on the FTSE100 listed Sage Group and accelerate its UK expansion and market presence. Xero has built a powerful software platform supporting over 211,000 customers globally, with the assistance of accountant and bookkeeper partners. This video features Gary Turner, Xero’s UK MD, discussing cloud-based accounting and Xero’s rapid expansion aims across the UK and US.
Christian Harris is editor and publisher of BCW. Christian has over 20 years' publishing experience and in that time has contributed to most major IT magazines and Web sites in the UK. He launched BCW in 2009 as he felt there was a need for honest and personal commentary on a wide range of business computing issues. Christian has a BA (Hons) in Publishing from the London College of Communication.
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