In November 2013, John Locke and Nate Niparko, two members of the investment team at the U.S. venture capital firm Accel Partners, got off a plane in Sydney and jumped in a taxi.
They told the driver to take them to Erina, a sleepy coastal town 57 miles north. Erina was an unlikely home of one of the world’s most popular invoicing apps for small businesses, Invoice2go, created by Chris Strode, a 40-year-old programmer with a passion for surfing. [Source: SMH]
New Zealand cloud accounting software startup Xero has announced that it has raised an investment of US$111 million from US venture capital firms Accel Partners and Matrix Capital.
Ten years ago, Chris Strode, Founder of Invoice2go, was living with his in-laws working full time and writing code from a desk set up in the bedroom. A lot has changed since then, his company employs 45 staff and services, and now has over 120,000 active users that send out of $10 billion worth of invoices, according to Strode when we sat down for a chat at Startup Daily yesterday.