Xero raises $23 million from strategic investors
Just weeks after publishing the hockey stick that shows online accounting software hitting the 6000 customer mark to close out the financial year, today CEO announced the successful raise of $23.2 million in capital that sees the addition of key industry player and ex MYOB founder Craig Winkler as an investor injecting [...]
Xero launches in Australia
Xero has just launched its online accounting software in Australia… love the marketing..
Multi-company goodness
While I’m writing a quick note on Xero, here’s my current experience - I’m involved in half a dozen businesses right now with various shareholders and customer relationships here and in the UK, and just loving having them all humming on Xero [...]
Make the switch to Xero
If you read this blog and haven’t made the switch to online accounting software Xero for your accounting yet, then I assume it’s probably becuase your accounting year end hasn’t quite rolled around. If you’re by chance still debating whether or not Xero is ready for your business yet, or are wondering if there might [...]
How to start a business - Rod Drury Style
In case you haven’t caught the 6 part series on starting a business by Rod in the herald on on his blog, here’s the 6 parts all in one place. Its a must read if you’re starting out a new venture, and in line with Rod’s experiences is specifically at helping you build a global [...]
NZ’s top 10 online startups
A new magazine profiling New Zealand’s growing online startup community launched last month called StartUp. The first edition (December 07) went out with Unlimited magazine, so if you haven’t got a copy grab it and check it out, and at least pop into the StartUp website and check out some great video and other content.
Stand [...]
A big year… but just warming up
It’s been a big year in Silicon Welly, and NZ hi-tech and online activity has seen some good results. Some first timers this year, that I look forward to seeing repeated again and again next year and beyond. We’ve seen our first ever online startup listed on the stock exchange (Xero), a feat on many [...]
Rowan Simpson Joins Xero
It’s just been announced publicly on the NZX that former Trademe Shareholder and manager Rowan Simpson Joins Xero to head up product Strategy. After selling his web business flathunt.co.nz to Trademe back in 2000, Rowan has played lead roles at Trademe in both the software development and the increasingly product direction and management, so he’s [...]
Xero
Xero is a revolutionary new accounting and management system designed specifically for small to medium business: a streamlined, powerful tool that lets you achieve the success you deserve.
Xero IPO Successful
The NZX has just announced the successful IPO of Xero with $15 million raised from the New Zealand public, and trading will commence as planned on Tuesday June 5.
After a year since starting Xero, this is a major Milestone for the business, Rod, Hamish, the whole team and the 1600+ members of the New Zealand [...]
Why Xero is a safe Investment - The Xero IPO
Today the opportunity to invest in the first listing on the New Zealand Stock Exchange this year begins with the IPO of Xero. Plenty of people have repeated the announcement online, and the press appear to be still playing it safe, possibly waiting until Xero shares are fully subscribed, so I think its important to [...]

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