New Zealand-based online accounting software vendor, Xero, launched its Australian headquarters recently in the east-central Melbourne suburb of Hawthorn.
The office was opened by Victorian minister for technology, Gordon Rich-Phillips, on 1/6 Elizabeth Street.
“We’ve achieved such incredible growth this year that we wanted to invest in a new space for our growing team and partners, to help us increase our market share further in 2013,” Xero Australia managing director, Chris Ridd, said.
The new office will also allow Xero to help its local partners and independent software vendors with desk space, providing support for Cloud start-ups and fostering growth in the industry.
Xero tripled its revenue and customer numbers in Australia throughout the last 12 months. It currently has approximately 32,500 paying customers, and was listed on the ASX last month.
In addition, the company has a total of 60 staff based in Sydney, Melbourne, Canberra, Brisbane, and Perth.
According to Rich-Phillips, the new office will create another 25 highly-skilled ICT jobs for the state, adding to Victoria's $150 million suite of technology plans announced last year.
Since December 2010, the Victorian Government has helped to facilitate more than 2200 jobs and over $700m in investment in ICT.
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