clock menu more-arrow no yes mobile

Filed under:

Accel Invests Big in Top Australia Business App

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He was a senior correspondent at Vox.

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.

Sign up for the newsletter Today, Explained

Understand the world with a daily explainer plus the most compelling stories of the day.