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Enterprise Software - Tuesday, November 20, 2007

SpeedTax Funded For SalesTax SaaS

speedtax.png
We don't have much to report here, but readers tell us that they like to know about stealth startups so here you go. Orange County, CA-based SpeedTax is pre-logo-, pre-launch but says it has raised an undisclosed amount of funding from private equity firm Committed Capital. SpeedTax plans to offer a hosted service for sales tax services nationally. Speedtax plans to helps merchants calculate, remit and report Sales Tax and plans to launch in March 2008.

Speedtax is led by CIO Morris who was CEO & President at Advansys.

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