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California software maker Taulia picks Austin for engineering center [Austin American-Statesman :: ](Austin American-Statesman (TX) Via Acquire Media NewsEdge) Sept. 10-- 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. "Early on we decided if we were going to continue our growth rate we couldn't rely on just one location," he said. "Our plan is to select other regions that have great talent pools, so Austin fits that perfectly for us." The company currently has 10 employees at its offices in Northwest Austin and plans to double that over the next several months. "Our office in Park City is an example of how we plan to grow in Austin. We started with one employee in what was meant to be a client services center, and now we have 50 people there," 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. ___ (c)2014 Austin American-Statesman, Texas Visit Austin American-Statesman, Texas at www.statesman.com Distributed by MCT Information Services |