Xero reaches 400,000 global customers

Xero reaches 400,000 global customers
By Suze Metherell Dec. 11 (BusinessDesk) - Xero, the cloud-based accounting software firm, says it has more than 400,000 customers globally and is "back on track" in its key US market. In 2014 it processed more than $250 billion worth of transactions, 95 million invoices and now holds more than a half a petabyte of data collected which covers business performance and gives insight into small business economics and trends, the Wellington-based company said in a statement. The software developer wants a million customers, and is targeting g...