While our hometown of San Francisco is often considered an innovation hub there are so many talented tech workers across the globe—which is why we continue to create offices in tech hot spots around the world.
One of these hot spots is Austin, Texas. And today, September 11, Taulia’s expansion to the Texas capital was prominently featured in both the print editionof The Austin American-Statesman, the city’s main newspaper and one of the largest in the state of Texas, as well as in the Austin Business Journal, the city’s leading business publication.
The Statesman article, which ran in the business section, details the company’s rapid growth and notes that Taulia has grown 300% annually over the past two years.
Statesman technology reporter Lori Hawkins writes, “Founded five years ago, fast-growing Taulia develops software that helps speed up the time it takes for suppliers to collect payments from the large companies they serve.[...]Taulia plans to grow by opening in U.S. software hot spots where it can tap into the engineering workforce.”
“Early on, we decided if we were going to continue our growth rate we couldn’t rely on just one location,” Taulia Chief Marketing Officer Joe Hyland said. “Our plan is to select other regions that have great talent pools, so Austin fits that perfectly for us.”
The Austin office has 10 software engineers, with plans to double that number in the next year.
The Austin Business Journal notes that “In July, Taulia raised $27m in Series D funding to help expand.[...] The Series D financing came a few weeks after President Barack Obama appeared to give the company a boost by introducing SupplierPay, a program designed to encourage big corporations to pay small suppliers faster.”