zuora
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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
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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
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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
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