NetSuite has taken over more of the operations of the NetSuite Premier Payroll Service that had been handled by Perquest. As the NetSuite 10-Q for the March quarter put it, Perquest had been handling those “until it wound down its business operations.” That belatedly confirms reports about Perquest’s exit. Unfortunately, a few months ago, Perquest didn’t respond to responded to questions about the payroll company’s status, especially after a blog reported the business had been sold to ADP. Read more...

Marc E. Chardon, Blackbaud’s CEO, had a good 2010 as his pay hit $4.55 million on a big option award for the year. Option awards of $2.77 million for the year just ended compared to $418,907 in that category in 2009 and propelled him well past the $2.04 million in total compensation that year. Read more...

Avalara has raised another $10 million in venture funding with another $11 million remaining to be sold in an offering, according to documents filed with the SEC. The Form D shows that the sales-and-use tax software company does not plan to use any of the funds for merger or acquisition. It sold $600,000 last fall, $4.9 million in May and $5 million in January. Shares remaining to be sold won't necessary be acquired by investors.