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Accel Invests Big in Top Australia Business App

Invoice2go, a company founded in Australia that makes an inventory management app for small businesses, has raised a $35 million investment led by Accel Partners. With the investment, Accel is bringing in former eHarmony CEO Greg Waldorf as Invoice2go’s new chief executive and moving the company’s headquarters to San Francisco. Founder Chris Strode is staying on as chief product officer and will remain in Sydney. Invoice2go is currently the No. 1-grossing business app in Australia, according to app research firm App Annie.

This article originally appeared on Recode.net.

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