Avalara Lands $30M in New Funding
Avalara announced today that it has raised $30 million in new financing in a funding round led by Battery Ventures and Sageview Capital, which are both existing investors in the company. The raise means that the Bainbridge Island-based tax software company has now raised more than $100 million in almost 10 years of doing business.
According to company spokesperson Sheri Pollock, the new investment will be used to continue the company’s growth, especially in sales, marketing, product development and business development.
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