"This investment by Warburg Pincus will allow us to put more dollars to work in our growth initiatives," said Avalara founder and CEO Scott McFarlane. Avalara said the new round brings the total it has raised to more than $200 million since 2004.
Avalara Raises $100 Million
Sales-tax services provider Avalara said this week it has raised $100 million in financing from an affiliate of Warburg Pincus. The Bainbridge, Island.-Wash.-based software company says its plans include international expansion and strategic acquisitions.
