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AVALARA RAISES $10M

Avalara logoAvalara has raised another $10 million in venture funding with another $11 million remaining to be sold in an offering, according to documents filed with the SEC. The Form D shows that the sales-and-use tax software company does not plan to use any of the funds for merger or acquisition. It sold $600,000 last fall, $4.9 million in May and $5 million in January. Shares remaining to be sold won't necessary be acquired by investors.

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