Avalara Raises $30M in Financing

avalaraAvalara Inc., a Bainbridge Island, WA-based provider of sales tax and compliance technology, raised $30m in financing.

The round, which brought the total amount of funding raised to date to more than $100m, was led by existing investors Battery Ventures and Sageview Capital.

The company intends to use the funds to extend technology and integration capabilities and support growth.

Founded in 2004 by CEO Scott McFarlane, Avalara provides a web-based platform of transactional tax compliance services for businesses of all sizes. Its SaaS solution integrates into numerous ERP systems, accounting packages, ecommerce shopping carts, Point of Sale systems, and mobile payment platforms.
The company employs more than 500 people at its headquarters on Bainbridge Island, and in offices across the U.S. and in London, England and Pune, India.



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