Avalara Lands $100,000,000 New Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b082cde3-9cff-41ba-a9b3-f3dbcdc1dd95 - Date
11/11/2014 - Company Name
Avalara - Mailing Address
100 Ravine Lane NE Bainbridge Island, WA 98110 USA - Company Description
Avalara was founded by a team of tax and software industry veterans to fulfill a vision of delivering an affordable, scalable sales tax solution. Thus making what was not economically feasible in the past for mid-sized business not only affordable, but more accurate as well. And all with the latest and most innovative technology available. - Website
http://www.avalara.com - Transaction Type
Venture Equity - Transaction Amount
$100,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
This investment by Warburg Pincus will allow us to put more dollars to work in our growth initiatives. It also validates our fundamental belief that sales tax compliance automation is inevitable, and Avalara is at the forefront of this movement. We look forward to leveraging the expertise and funding of our new partners to accelerate our growth. - M&A Terms
- Venture Investor
