Zuora Adds $15M
San Francisco-based Zuora, a provider of software-as-a-service for managing subscription billing and payment, said Tuesday that it has raised $15M in a Series B funding round. The round was led by Shasta Ventures and Lehman Brothers Venture Partners, and included prior investors Benchmark Capital and Marc Benioff. Zuora provides on-demand services to manage subscription-based online businesses. According to the firm, the new funding will go towards customer acquisition and new product development. The round brings the company's total raised to $21.5M.
posted on Tuesday, October 28, 2008 (Link to more information)
Related companies:
Zuora
Related stories:
> Zuora Targets Facebook
> Zuora Takes On Content Paywalls
> Zuora Gets Win With GigaOM
> Zuora Names Shawn Price As President, GM
> Zuora Signs TalentSpring
silicontap.com Home