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From Bootstrapped to a $2.1B Valuation, ReCharge Raises $227M for Subscription Management Platform

“ReCharge , a provider of subscription management software for e-commerce, announced today that it has raised $227 million in a Series B growth round at a $2.1 billion valuation.  Summit Partners, ICONIQ Growth and Bain Capital Ventures provided the capital… Over the years, the company’s SaaS platform has evolved from a subscription billing/payments platform to […]
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Recurly Adds Venmo, ‘Pay As You Go’ Options for E-commerce Sellers

“Playing off consumers’ desire to pay for only what they’ve consumed, subscription management and billing platform Recurly has added Venmo and a pay-as-you-go model to its platform. Recurly is making the options available in its launch of Wallet, which represents a major expansion in its payment capabilities portfolio for its e-commerce and digital services clients. […]
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Deals

Subscription Billing Platform Chargebee Becomes Unicorn After $125M Series G

“Chargebee , a subscription billing and revenue management platform, is valued $1.4 billion following a $125 million Series G. The San Francisco-based company developed an infrastructure for companies to create a subscription business in as little as 10 days and be able to bring in a reliable source of revenue, Krish Subramanian , co-founder and […]

On The Wires

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GoCardless and Piano Partner to Help Publishers and Brands Drive Recurring Revenue

“GoCardless , a global leader in account-to-account payments, today announced a partnership with Piano , a global analytics and activation platform, to deliver new bank debit capabilities. This new integration is designed to help publishers and brands market, sell and fulfill premium content offerings. Piano’s commerce engine will be integrated with the GoCardless bank debit […]
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Chargebee to Support Complex Selling Processes of Large Businesses With Summer 2021 Product Release

“Chargebee , the industry-leading Subscription Billing and Revenue Management platform, today announced the general availability of its Summer 2021 Product Release. With this release, Chargebee aims to enable large businesses to further support the complex buying processes of their customers. With over 3000 customers across the globe clocking an average of 150% YoY revenue growth, […]
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Zuora Supports GoPro’s Subscription Program Hitting Milestone Moment of Surpassing One Million Subscribers

“Zuora, Inc. , (NYSE:ZUO) the leading cloud-based subscription management platform provider, today sends its congratulations to customer GoPro (NASDAQ:GPRO), for surpassing one million subscribers. GoPro’s subscription service offers customers unlimited cloud storage, premium editing tools, guaranteed camera replacement, exclusive product discounts and more. Zuora has helped power this service since 2016, with a platform that […]
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BlueSnap and Chargebee Announce New Partnership

“BlueSnap, an online payments technology company and preferred technology for fast growing B2B and B2C businesses to accept payments, today announced its partnership with Chargebee, the leading subscription billing and revenue management platform…BlueSnap and Chargebee have partnered together to help merchants scale their subscription businesses on a global level.  Chargebee, the worlds’ leading subscription billing […]