RT @waltmossberg: QuickBooks Competitor Xero...
RT @waltmossberg: QuickBooks Competitor Xero Raises $150 Million to Take On Intuit @DelRey http://t.co/l3mquB6hwl
October 14, 2013
QuickBooks Competitor Xero Just Gave Intuit 150 Million Reasons to Take Notice
With QuickBooks, Intuit has basically owned the small-business accounting software market in the U.S. for quite some time. But an announcement today from publicly traded, New Zealand-based competitor Xero proves that, at a minimum, there is a challenger serious about making a run at upending the industry incumbent.