Aria Systems raises $10M more for online billing

Aria Systems raises $10M more for online billing

Aria Systems, perhaps the first company to offer billing and subscription management through a software-as-a-service business model (i.e., online subscriptions), has raised a $10 million second round.

The Media, Pa.-based company has been around since 2003, but interest in online billing software seems to have taken off this year — and it’s not just Aria chief executive Ed Sullivan who says so. A new competitor called Zuora, led by an early employee of SaaS pioneer Salesforce.com,… Continue Reading

Online billing company Aria Systems gets funding from industry vet

Online billing company Aria Systems gets funding from industry vet

Aria Systems, a startup that provides software to handle online billing and subscriptions, just received an undisclosed investment from one of the early innovators in the field.

Dave Labuda, who is also joining Aria’s board, may not be familiar to most of our readers, but he co-founded market leader Portal Software, which has since been acquired by Oracle. In describing his excitement about the deal, Aria chief executive Edward Sullivan used a rather impressive sports metaphor.

“Dave… Continue Reading

Aria Systems, a billing service for game industry, raises $4M

Aria Systems, a Philadelphia company that offers billing services for the gaming industry, said it has raised $4 million from from venture capital firm Hummer Winblad Venture Partners.
Aria handles things like registration, provisioning, metering, billing, invoicing, and ongoing customer management.

Hummer Winblad managing director Mark Gorenberg will join Aria’s Board of Directors. Aria is Hummer Winblad’s fourteenth  “software as a service” investment.