Avalara nabs nearly $1B in debt securities to fuel growing tax compliance software business

Avalara nabs nearly $1B in debt securities to fuel growing tax compliance software business

Seattle-based Avalara is getting a big cash injection as its business continues to benefit from the e-commerce boom and increasing regulatory obligations. Avalara said last week that it added $ 959.9 million to its cash balance after issuing short-term debt in the form of convertible senior notes. The money will be used to support the … Read more