Blog Archives

Xero Raises a Truckload of Cash from US Funds

December 2, 2012

Business

Craig Winkler, Matrix Capital Management, New Zealand, peter thiel, rod drury, The Ventures, Vala (Middle-earth), Xero

Last week the announcement came that Xero had secured a huge investment round from US venture funds Valar Ventures (backed by Facebook founder Peter Thiel) and Matrix Capital Management. I’ve spent time talking with these US investors about Xero’s…

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Xero Hits Escape Velocity With 100000 Customers Count

July 29, 2012

Business

Craig Winkler, Drury, FreeAgent Central, kashflow, MYOB, New Zealand, Public company, rod drury, sage, trademe, Xero

Xero held its annual meeting last week and detailed its current performance. Xero annual meetings are always an interesting event, Xero has an incredibly supportive shareholder base, while most publicly listed company AGMs include a fair dose of critique…

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Xero Raises Another Round and Acquires WorkFlowMax

February 1, 2012

Business

Craig Winkler, LiveMigrate, MYOB, peter thiel, rod drury, SaaSu, Xero

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,…

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Xero Gets Some Acid on the Blogosphere

October 24, 2010

Business

Craig Winkler, PayPal, peter thiel, rod drury, Xero

Last week Xero announced that Peter Thiel, co-founder of PayPal and the first external investor in Facebook, was investing NZD4 million to “support Xero’s expansion into the US market”. Not surprisingly the move got significant attention both in New…

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Blog Archives

Xero Raises a Truckload of Cash from US Funds

Xero Hits Escape Velocity With 100000 Customers Count

Xero Raises Another Round and Acquires WorkFlowMax

Xero Gets Some Acid on the Blogosphere