California software maker Taulia picks Austin for engineering center

Sep 11, 2014
Austin American Statesman

Taulia, a California-based software maker, is the latest out-of-state company to open an office in Austin to target engineering talent here

Founded five years ago, fast-growing Taulia develops software that helps suppliers more quickly collect payments from the large companies they serve

Taulia is based in San Francisco and has 175 employees. Its 75 customers include Coca Cola, Johnson Controls and Hallmark Cards

The company is expanding following a recent $27 million investment from backers including QuestMark Partners, Trinity Ventures and Matrix Partners. It has raised a total of $60 million

Taulia doesn’t disclose specific financial information, but said revenue has grown 300 percent annually for the past two years

Austin will serve as Taulia’s second engineering hub, said Joe Hyland, chief marketing officer. The company also has offices in Park City, Utah, London and Dusseldorf, Germany

Taulia plans to grow by opening offices in U.S. software hot spots where it can tap into the engineering workforce, Hyland said

Taulia is among a growing list of companies based outside of Austin that have announced expansion plans here. Earlier this week, Arkansas marketing technology firm Acxiom announced plans for an Austin office. It intends to hire 150 people here, primarily in engineering, network architecture and project management

Other companies that have launched hiring initiatives in Central Texas include California Web hosting firm Metacloud, Finnish design firm Idean, New York-based software maker Signpost and Australian software maker Atlassian

Print Article opens in new window