Xero raises $150 Million
Xero announced that it has raised a further US$150 million of new capital from a range of investors including existing shareholders.
This is a very high quality funding round with their existing large investors Peter Thiel and Matrix Capital Management continuing to support them as they grow value. They have added some of the smartest and largest technology investors on the planet shaping our register for success in the world.
This capital raise will allow Xero to continue building the world’s best team and their vision of supporting millions of small business customers and their advisors worldwide. It’s a clear endorsement of what they have achieved to date and sends a strong message on their aspirations.
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