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Xero acquires Toronto data capture platform Hubdoc
Accounting software company Xero has acquired Canadian startup Hubdoc for an initial fee of US$60 million ($80.87 million) that consists of 35 percent cash and 65 percent in Xero stock.
Advice
Blackpurl is a dealer management system focused on the powersports space
One of the latest DMS platforms to launch with a particular focus on the powersports – for example motorbikes, jetskis, and bicycles – space is Blackpurl.
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NAB Ventures leads US$24 million Series D round for Toronto cloud accounting startup Wave
National Australia Bank has led a US$24 (AU$32) million Series D round for Toronto-based cloud accounting startup Wave through its VC fund, NAB Ventures.
