Peter Thiel And Existing Investors Put Another $49 Million In Accounting Software Company Xero

PayPal co-founder Peter Thiel, along with existing investors, has invested $49 million in Xero,?the online accounting software for small businesses. It is Thiel's third investment in Xero. Earlier this year, Thiel and existing investors put?$16.6 million into the company. Thiel?invested $3 million in New Zealand-founded Xero in 2010.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/-tmaaIAZV3c/

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