Zuora is a subscription billing, commerce, and finance platform that manages the subscription business model. Headquartered at 3400 Bridge Parkway, in Redwood City, California, Zuora has approximately 200 employees in 4 countries. Clients include AAA, Dell, Yammer, TopCon, Qualcom, Hewlett-Packard, and BranchOut.
Tien Tzou, a co-founder of the company, has served as its CEO since 2007.
History
editIn 2007, after several years at WebEx & salesforce.com, K.V. Rao, Cheng Zou and Tien Tzuo founded Zuora. The name of the company derives from a combination of their three surnames.
On December 17, 2007, Zuora announced it had raised $6 million in Series A funding with Benchmark serving as a major investor.
On September 15, 2008 Zuora announced it had raised $15 million in Series B funding, led by Shasta and Lehman Brothers (now Tenaya).
In October 2010, Zuora raised an additional $25 million in Series C funding, with Redpoint Ventures coming on board as an investor.
On November 4, 2011, Zuora announced it had raised $36 million in Series D funding, led by Index Ventures.
Products and Services
editZuora sells a billing, commerce, and finance platform with multiple modules available for businesses of all sizes.
Zuora’s Billing Line is designed for subscription businesses. Zuora’s platform keeps track of subscription payments, invoices, pricing, product catalogs, and taxation. It also uses Zuora’s “rating” engine.
Zuora’s Commerce Line is designed for businesses seeking to create a subscription service or switch to subscription service entirely. Zuora’s commerce products let you take subscription orders on a company’s website in a PCI compliant manner. Specifically, Zuora offers a “B-to-B” native Force.com application called Z-Force.
Zuora Finance Line is designed for integration into General Ledgers (GLs). The line is designed for businesses that want to hook into Netsuite, Quickbooks, and _____.
Reception
editZuora has been profiled in the Wall Street Journal, Forbes, Fortune, BBC and TechCrunch. Zuora has been recognized as one of VentureWire’s FASTech 50, won THINKstrategies' 2011 Best of SaaS Showplace (BoSS) Award, recognized as one of Lead411's Hottest Companies in Silicon Valley 2011 and as one of OnDemand’s 100 Top Private companies in 2011 and 2012, one of JMP Securities’ Hot 100 Best Privately Held Software Companies in 2011, made the ZDNet 2011 CRM Watchlist, and appeared on Sys.con Media’s 90 Cloud Companies to Watch in 2011 list.
Media Appearances
editTien Tzuo, Zuora’s co-founder and CEO, has contributed numerous editorials to GigaOm, Forbes, and TechCrunch.