Was starting to wonder why Intacct had been so quiet over the last few months. But that got answered this week with the announcement the company raised $45 million in venture capital and debt funding. In a prepared statement, Intacct said it would invest in company growth and expanded product capabilities. The latter strikes me as particularly important because, like most cloud companies, Intacct could use more features. The book on Intacct has been what it has is really good; it just needs more.

A variety of factors pushed down EBITDA and net income for Unit4 for fiscal 2013. The Netherlands-based software vendor said this week that the valuation of a tax asset in 2012 and cost related to Project Unique were among factors that resulted in net income of $20.3 million for the most recently ended year, down 37 percent from 2012. I have not found a description of Product Unique yet. Meanwhile, total revenue hit $672.3 million, a rise of 4.4 percent from the prior year.

Sheldon Kralstein, co-founder and recently retired CEO of Clients First Business Solutions, died this weekend. Kralstein died from pancreatic cancer. The leadership role had been taken over by Thomas Falteich, who became president and CEO in January, after serving as the VAR's COO since it was created. Kralstein founded the company in March 2003, and became its CEO in 2004. Headquartered in Holmdel, N.J., the company sold Sage and Microsoft products in offices across the nation.

Avalara has raised $30 million in a new financing round. The company said this week the latest infusion of outside money brings the total haul of the sales-and-use-tax vendor to more than $100 million since its founding in 2004. Existing investors Battery Ventures and Sageview Capital led the most recent round. In a prepared statement, founder and CEO Scott McFarlane said, "This investment should help extend our technology and integration capabilities and support growth."