Zuora

  • Zuora update lets customers mix and match revenue models

    Zuora update lets customers mix and match revenue models

    Zuora has always been a bit ahead of the curve when it comes to the subscription economy. Company founder Tien Tzuo recognized something in 2008 when he left a comfortable job at Salesforce to launch a new company. The world was about to change dramatically with a huge influx of cloud services, and it needed a platform for tracking the new way companies recognized revenue. Until the advent… Read More

  • Life, by subscription Crunch Network

    Life, by subscription

    The American dream is no longer for sale — but it is for rent. We are slowly going through a subtle shift in how the economy is owned and operated, with massive implications. On an average day, you may wake up, shower, dress, drive to work and return home. But the way you do it is changing: Where once you would own the car, the house and the clothes, you now have the option to live life… Read More

  • Zuora $115M Investment Round Validates Subscription Approach

    Zuora $115M Investment Round Validates Subscription Approach

    Zuora, the company that helps customers manage their subscription models, today announced a massive $115M funding round involving not just Silicon Valley venture capitalists, but also public market investors. Those public market names include Wellington Management Company LLP and Blackrock Inc, as well as Premji and Passport Capital. Existing investors Benchmark Capital, Greylock Partners… Read More

  • Zuora’s Journey To Managing The Subscription Economy

    Zuora’s Journey To Managing The Subscription Economy

    The idea for subscription billing startup Zuora was born in Marc Benioff’s office. In 2006, K.V. Rao, then a WebEx senior engineer, was meeting with Benioff and Salesforce CMO Tien Tzuo. Tzuo made a comment that subscription billing was a hard problem for Salesforce, and Rao agreed that WebEx also felt the same challenge. He left the meeting with the feeling that this problem was… Read More

  • Scout, Zuora Partnership Could Help Subscription-Based Businesses Soar

    Scout, Zuora Partnership Could Help Subscription-Based Businesses Soar

    Scout by ServiceSource, a company that helps customers maximize subscription revenue, announced a partnership today with Zuora, the subscription billing service. It’s seemingly a sensible partnership in a growing subscription economy. The fruit of their collaboration is a product called Scout Link for Zuora, which enables companies to combine Zuora billing information with… Read More

  • Zuora Lands $50M From Next World, Paul Allen, Marc Benioff & More To Help Fuel The Rise Of The Subscription Economy

    Zuora Lands $50M From Next World, Paul Allen, Marc Benioff & More To Help Fuel The Rise Of The Subscription Economy

    Over the last few years, Startup Land has played home to the dramatic re-emergence of a tried-and-true, familiar model: Subscription commerce. The rise of smartphones, tablets, “The Cloud,” Big Data and the steady maturation of digital marketplaces and distribution channels has fundamentally changed the way we shop, socialize and do business. As a result, businesses are… Read More

  • Revstream Adds Cloud For Managing The Booming World Of Subscription Services

    Revstream Adds Cloud For Managing The Booming World Of Subscription Services

    Revstream has a new offering for SaaS providers and subscription-based companies that takes into account the dynamics of managing cloud services as compared to traditional software billing. The new service, Revstream Cloud, is a SaaS that simplifies billing with business logic that’s not possible with traditional billing software. Read More

  • Old Publishers Dive Into The New: Pearson Inks API Billing Deal With Zuora; Adds Food To The Mix

    Old Publishers Dive Into The New: Pearson Inks API Billing Deal With Zuora; Adds Food To The Mix

    Pearson, the owners of Penguin, the Financial Times Group and a number of education imprints, has made some significant strides into digital with e-books and apps, but it is always on the hunt for more. So today the publisher is announcing that it is expanding one of its newer ventures, Plug & Play, which offers its copyrighted material via APIs to third-party developers: it has signed a… Read More

  • Subscription Billings Platform Zuora Nabs $36M From Index, Greylock At $300M-Plus Valuation

    Subscription Billings Platform Zuora Nabs $36M From Index, Greylock At $300M-Plus Valuation

    Zuora, a SaaS startup that offers online services to manage and automate customer subscriptions and payments, has raised $36 million in new funding from Index Ventures, Greylock Partners, Workday CEO and founder Dave Duffield, Benchmark Capital, Redpoint Ventures, Shasta Ventures, Tenaya Capital and Salesforce CEO Marc Benioff. This brings the company’s total funding to over $80 million. Read More

  • Steve Jobs Doesn’t Want to Kill Publishers, But Apple’s Subscription Strategy Will

    Publishers have been struggling for years. Now local newspapers, magazines and even the New York Times, that Grey Lady, are being treated like old ladies by Apple, stealing their pocketbooks while they’re trying to stay on a fixed income. This week, Apple announced what the publishing industry has been clamoring for, subscriptions, in exchange for a whopping 30% cut. Clearly, paid… Read More

  • Zuora Rings Up $20 Million For Billings-As-A-Service Platform

    Zuora, a SaaS startup that offers online services to manage and automate customer subscriptions and payments, has raised $20 million in Series C funding led by Redpoint Ventures with the startup’s existing investors; Benchmark Capital, Marc Benioff, Shasta Ventures and Tenaya Capital, also participating in the round. To date, the company has raised $41.5 million in funding. Launched in… Read More

  • Billing Startup Zuora Signs Over $1 Billion In Subscription Revenue In Q1

    We’ve written about Zuora, a SaaS startup that offers online services to manage and automate customer subscriptions and payments, and its impressive backing. Today the company has reached a new milestone; Zuora has signed over $1 billion in contracted subscription revenue in the first quarter of its new fiscal year, which ended April 30. Zuora’s cloud-based billings platform aims… Read More

  • Spare Change On Track To Process $30 Million In Micropayments On Social Apps This Year

    While advertising revenues have been disappointingly low for most applications on Facebook and other social networks, another option app developers are increasingly turning towards is micropayments for virtual goods or premium features. Both Facebook and MySpace have admitted that they are working on their own payment systems, and Apple could play a role as well since it already has a… Read More

  • Zuora Brings Subscription Billing To Facebook Apps

    How much would you pay for a Facebook app? For most apps, most people would probably pay nothing. But for some apps, such as member-to-member online tutorial services, charging could become an option. At least Tien Tzuo hopes so. The CEO of Zuora is bringing his billing subscription service to Facebook, which has more than 50,000 apps in search of a business model. Tzuo argues: It is… Read More

  • Zuora Raises Another $15 Million For Integrated Online Billing And Payment Solution

    Zuora, an SaaS startup that offers online services to manage and automate customer subscriptions and payments, has raised $15 million in a second round of funding from Shasta Ventures and Lehman Brothers Venture Partners, Venturebeat reports. The company had previously raised $6.5 million from Salesforce CEO Marc Benioff and Benchmark Capital (who also participated in this round), bringing… Read More

  • Zuora Aims To Be Salesforce for Online Billing; Benioff Agrees

    Zuora, the SaaS startup run by industry veterans from Salesforce and Webex, and backed by the face of SaaS himself, Marc Benioff, is launching its online billing solution today. As Erick explained in March, Zuora aims to alleviate the need for online businesses to develop their own billing systems, especially to handle recurring payments like those associated with subscriptions. Its… Read More

  • Benchmark and Benioff Put $6.5 Million Into Zuora to Create a Salesforce for Online Billing

    When Tien Tzuo was the chief strategy officer at Salesforce.com, he sat in on a pitch to CEO Marc Benioff for an on-demand software tool startup looking for funding. Benioff was lukewarm to the idea. “If there was one thing you would want to outsource, what would it be?” asked one of the pitching executives. Benioff and Tzuo looked at each other and told the supplicants that… Read More