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  • 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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About Me

Ben Kepes is a business leader, a technology evangelist, an entrepreneur, and a commentator. Ben covers the convergence of business and technology.

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