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November 30, 2012 07:03 am GMT

Peter Thiel And Existing Investors Put Another $49 Million In Accounting Software Company Xero

xeroPaypal co-fouder Peter Thiel, along with existing investors, has invested $49 million in Xero,the online accounting software for small businesses. It is Thiel's third investment in Xero. Earlier this year, Thiel and existing investors put$16.6 million into the company. Thielinvested $3 million in New Zealand-founded Xero in 2010.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-tmaaIAZV3c/

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