KEY POINTS:
Xero says it has signed up the 2000th paying customer for its online accounting software.
It had taken 18 months from start-up to gain its first 1000 customers, and 4 1/2 months for the next 1000, Xero said.
Chief executive Rod Drury said customer growth was strong during the traditionally quiet period for accounting systems changeover.
The company raised $15 million in an initial public offering last year and reported a net loss for the year to March of $4.3 million, with receipts below forecast.
Shares in Xero were issued at $1 each, and debuted on the stock exchange in June last year. They closed yesterday at 87c.