Estimated reading time: 0 minutes, 28 seconds

Mark Faggiano, TaxJarSales tax software company, TaxJar has closed a $60 million equity round of funding. The company, which serves eCommerce businesses and developers, says it will use the proceeds to expand its employee base and speed up product development and research.

Insight Venture Partners provided the funds.

The company will invest in go-to-market activities for its mid-market application TaxJar Plus, which is designed for high-growth and high-volume eCommerce businesses. TaxJar will also double its remote team of 60 individuals.

Mark Faggiano, founder and CEO, said in a prepared statement,  the company serves more than 15,000 small business merchants.

Last modified on Wednesday, 16 January 2019
Read 290 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline