Aria Systems Sings $20M Solo

Wade Roush2/1/11

San Mateo, CA-based Aria Systems, which offers subscription management software for Web-based service providers such as Lionbridge and Hootsuite, said today that it has collected $20 milion in Series C funding. New investor Interwest Partners led the round, which was joined by existing investors Hummer-Winblad and Venrock. An unnamed Fortune 500 company also participated as a strategic investor, according to the company, which has now raised $34 million all told.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @