Aria Systems has raised $20 million to help expand billing in the cloud. Cloud based billing systems are growing and This brings Aria System’s total funding to $34 million.
Aria’s cloud billing platform handles the whole transactions process. This billing model is for online companies who have subscription models only. Most of the people using the subscription model are billed monthly in cloud subscription model. Another great thing about this cloud billing model is that they work with Authorize.net, Chase Paymentech, Cybersource, PayPal, TransFirst, and RBS Worldpay.
Aria’s large list of clients include Disney, Taleo, Internap, DreamWorks, VMware, Roku, and Ingersoll-Rand. It appears that Aria will be using this recent round of funding to expand it’s cloud billing platform to the UK and other European Nations.
