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
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
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. We hear… → Read More
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 subscriptions… → Read More
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 2008… → Read More
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 to alleviate the… → Read More
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 payment… → Read More
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 very… → Read More
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 the… → Read More
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 so-called… → Read More
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 what they… → Read More
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