Aria Systems Garners $20,000,000 Series C Funding Round

  • Feed Type
  • Date
    2/1/2011
  • Company Name
    Aria Systems
  • Mailing Address
    101 S. Ellsworth Ave. San Mateo, CA 94401
  • Company Description
    Aria Systems is the premier provider of on-demand billing and customer management solutions for software-as-a-service, gaming & entertainment companies. The Aria solution integrates a sophisticated billing engine with customer support and marketing tools in a single, highly configurable application. Advantages include quicker time-to-market, accelerated revenue capture, business process automation, and significantly reduced operating costs.
  • Website
    http://www.ariasystems.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    This investment – and new strategic partnership with a Fortune 500 company – allows us to cement our leadership position in the recurring billing marketplace.
  • M&A Terms
  • Venture Investor
    InterWest Partners
  • Venture Investor
    Hummer Winblad Venture Partners
  • Venture Investor
    Venrock

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