Xero to 1.38

It's been quite a few days for Wellington-based Xero.

A highly successful funding round, improving customer sign-ups and great PR. It also demonstrates that despite the times we are in, SaaS is perhaps finally being recognised for what it is - an amazing opportunity for NZ businesses to compete on equal terms globally.

There are several other great NZ start-ups engaged in this space. If government and investors are looking at one specific sector with potential, then this is surely it.