Estimated reading time: 0 minutes, 42 seconds

AVALARA RAISES $30 MILLION Featured

Scott McFarlane, AvalaraAvalara has raised $30 million in a new financing round. The company said this week the latest infusion of outside money brings the total haul of the sales-and-use-tax vendor to more than $100 million since its founding in 2004. Existing investors Battery Ventures and Sageview Capital led the most recent round. In a prepared statement, founder and CEO Scott McFarlane said, "This investment should help extend our technology and integration capabilities and support growth." 

Earlier in the week, Avalara, based in Bainbridge Island, Wash., said it had been named Hybris Extend Independent Software Vendor Solution Partner of the Year. Hybris is an SAP company, which revealed the selection last month in a conference in Germany. To use the official lingo, Hybris "delivers OmniCommerce state-of-the-art master data management for commerce and unified commerce processes that give a business a single view of its customers."

Read 1683 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.