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Startups veteran Raj Singh co-founded expense reporting software company Concur, took it public and eventually sold the company to SAP for $8.3 billion. Avalara processes millions of tax transactions every day and remits billions of dollars in sales and use tax collections each year. Avalara most recently secured $50 million from investors including Warburg Pincus and raised $46 million through a stock buyback for an aggressive acquisition strategy to increase the company’s tax service offerings.
Uber Technologies Inc. struck a deal with Concur Technologies Inc., a travel and expense management company, that will make it easier for companies to create Uber accounts for employees and track their ...