Posts Tagged ‘cloud billing’

Aria Cloud Billing

Tuesday, February 1st, 2011

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.

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Zuora’s Cloud-Based Billings Platform Over $1 Billion

Wednesday, May 12th, 2010

Zuora, a SaaS startup that offers online services to manage and automate customer subscriptions and payments.  Today they announced a new milestone; Zuora has signed over $1 billion in contracted subscription revenue in the first quarter of its new fiscal year.

“Zuora provides an online subscription billing and management platform, delivered via a SaaS model, for companies to build, run, and operate their subscription and recurring revenue businesses. Their subscription management platform allows them to focus on top line revenue growth, operational efficiency, and automation. Zuora provides this service to any business that has a subscription and/or recurring revenue model including Software-as-a-Service (SaaS), Web 2.0, Cloud Computing, and traditional enterprises that offer recurring revenue products and services.” Found on Zuora Website.

Zuora also saw a 102% growth in revenue, a 127% growth in organic cash flow and was cash flow positive for the quarters. Clients using Zuora’s service include Rearden Commerce, Pandora Media, ReputationDefender and HDCloud.

Cloud-Based Billing Articles

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