Avalara Nets $6 Million in Funding

Tuesday, 20 January 2015
News

AvalaraAvalara has raised a net $6 million in capital, the sales-and-used tax company said this week. The Bainbridge Island, Wash.-based company says it received $43 million in financing but most of that will go to repurchase shares from existing investors. The latest round brings new investor Technology Crossover Ventures company on board, along with drawing from existing investors that include Warburg Pincus.

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