Avalara says that it has raised $200 million in funding since 2004. In November, it said it had raised $100 million in a round that brought an affiliate of Warburg Pincus into the investor pool.

The company has taken several steps in the last year that show the scope of its plans. In October, it hired Richard Asquith as VP of global tax compliance. Avalara said Asquith's hiring is part of its plan to develop its transactional tax compliance offerings internationally. In December, it acquired VATLive.com, an online service that provides tax news, analysis and rate changes, where Asquith had previously served as the service's administrator.