Peter Thiel Invests $3 Million In Xero To Support Its US Expansion
October 22, 2010 at 09:30 AM EDT
PayPal founder and early Facebook investor and board member Peter Thiel has invested NZ$4 million (that's about $3 million USD) in online accounting software company Xero to support its expansion into the US market. Thiel, who manages a hedge fund called Clarium Capital , will also join Xero’s US Advisory Board.
