Tag Archives: Xero

01/02/2012 Posted in Business 3 Comments

Xero Raises Another Round and Acquires WorkFlowMax

By Ben Kepes

Exciting news today from Xero ahead of their user conference tomorrow that spans two important announcements. I’ll cover them individually. $20M Raised from Existing Shareholders Existing shareholders have reinvested to the aggregate tune of $20M. Sam Morgan, Sam Knowles, Craig Winkler and Peter Thiel’s fund Valar Ventures have all taken

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25/01/2012 Posted in Business 1 Comment

Xero Market Update–Hockeystick Achieved

By Ben Kepes

Xero has just given a market update in advance of heir partner conference next week. The numbers are all heading in the right direction despite the fact that Xero is yet to break even – previous market announcements indicated that Xero was following a strategy that put market growth ahead

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25/01/2012 Posted in Business Leave a comment

MinuteDock Launches on Intuit’s Partner Platform

By Ben Kepes

Exciting times today for the team from MinuteDock (more on them here) the neat little time trapping application from my own hometown, Wellington, New Zealand. Formerly a product that was primarily intended for users of the Xero accounting product, MinuteDock is broadening its approach and is now tightly integrated with

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23/01/2012 Posted in Business 1 Comment

FreeAgent Eases Life for Freelancers and their Expenses Conundrum

By Ben Kepes

Like many freelancers, I incur significant expenses in the course of my contracting work and have to on-charge these expenses to clients. Ideally I’d tick a box in my accounting application and that would allow that cost to flow through to a client invoice without me having to enter it

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03/01/2012 Posted in Business 3 Comments

The Path to the Cloud is Paved…. With Jagged Rocks…

By Ben Kepes

It’s always interesting to watch companies looking to move from their “traditional” approach of software delivery to living in the cloud. One company I’ve had a first hand glimpse of making that shift is MYOB (see disclosure). In its home market of Australia and New Zealand, MYOB is facing a

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21/11/2011 Posted in Business 1 Comment

SaaS Accounting Roundup

By Ben Kepes

I’ve been travelling for the past couple of weeks and haven’t kept up to date with news from the SaaS accounting companies that I usually watch closely. Here’s a summary of stuff that’s happened of late. Quick general disclosure though, I have consulted to a number of the companies below

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04/11/2011 Posted in Business 2 Comments

Easing the On Ramp–Xero Makes a Logical Move, Three Years On

By Ben Kepes

Around three years ago, before some “heated” discussions made communication between us a little strained, I spent a fair amount of time talking with Xero CEO Rod Drury around the Cloud/SaaS market generally. Those conversations started well before the Xero IPO when he was still shopping little more than a

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28/10/2011 Posted in Business Leave a comment

Flawed Analysis–On Clouds “Playing Nice”

By Ben Kepes

The other day someone alerted me to a new report put out by IT news that lauds itself as a “technical study of the integration and extension options offered by the largest 20 software-as-a-service vendors serving the Australian enterprise.” The report looks at a few different dimensions including; Can I

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26/10/2011 Posted in Business 3 Comments

Wave Nabs Funding–On Free vs Paid

By Ben Kepes

The other day SaaS Accounting vendor Wave announced that it had just closed $5 million in funding led by well respected VC, Charles River Ventures. While yet another vendor raising a series A wouldn’t usually be cause for comment, this is an interesting case in that Wave, as I’ve written

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13/09/2011 Posted in Business Leave a comment

FreeAgent Nabs Series B

By Ben Kepes

News just in that UK SaaS accounting vendor FreeAgent has nabbed GBP2M in investment from SM Trust and Torch Partners. It’s an interesting development given the other two main players in the UK market, Xero and KashFlow are both currently well funded – Xero via an IPO and some subsequent

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The Author

Ben Kepes is an analyst, an entrepreneur, a commentator and a business adviser. His business interests include a diverse range of industries from manufacturing to property to technology. As a technology commentator he has a broad presence both in the traditional media and extensively online. Ben covers the convergance of technology, mobile, ubiquity and agility, all enabled by the Cloud. His areas of interest extend to enterprise software, software integration, financial/accounting software, platforms and infrastructure as well as articulating technology simply for everyday users. More on Ben

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