Xero To Open Denver Office After $150M Funding

A New Zealand-based, cloud software developer said Sunday that it plans to open up a new office in Denver, after raising $150M in a venture capital funding round. Xero--which develops cloud-based, accounting software--said it plans to expand its staff in Denver after receiving the big funding round, which came from Valar Ventures, Matrix Capital Management, and others. Xero is officially opened the office today at the Denver Technological Center, saying the new office will handle customer service for customers around the world.