Redwood Shores, CA — February 23, 2011 — Zuora, the subscription billing and commerce leader, today announced immediate availability of its February '11 release, delivering the 25th straight month of consistent product enhancements to its customer base. Each month for the past two years, Zuora has delivered new innovations based on the feedback and experience of hundreds of customers who have already moved into the Subscription Economy with Zuora.
"What impresses me most about Zuora is how quickly we get new product," said Peter Sellis, Director of Product Management and Platform Monetization for Ustream. "Now, the engine powering our revenue is constantly tuned up rather than waiting for quarterly, or worse, bi-annual updates, as we have in the past."
Competing in the Subscription Economy requires continuous innovation and improvement, and with the February '11 Release, Zuora customers have even more tools for managing the entire subscription billing and commerce lifecycle.
All of Zuora's hundreds of customers automatically received this 25th consecutive product update with no negative impact to existing configurations and customizations. This is only possible with the modern, multi-tenant SaaS architecture found in Zuora's Z-Commerce platform. Customers can read about the details of the February '11 release at www.zuora.com/whatsnew.
"What impressed us from the beginning was Zuora's commitment to an open platform that enabled easy access to key data," said Tanya Golubeva, CTO of PLStudios. "By simplifying access to critical data sources, we're able to extract the right information we need across our business systems."
"Zuora is on top of the trends that most affect our business, and this awareness informs their product innovation," said Pat McMullon, Controller for Radian6. "Their subscription billing capabilities and their understanding of SaaS have been invaluable to us."
"We are constantly looking for ways to maximize our credit card processing and collections. The enhancements Zuora delivers go a long way to helping us improve this part of our business and do it far more cost effectively than we could do ourselves." said Adam Thompson, Director of Engineering for SafetyWeb.
"Thousands of organizations rely on Viewpath because of our expertise in providing comprehensive project collaboration. We naturally rely on Zuora because of their proven expertise in automated billing," said Dean Carlson, CEO of Viewpath.
"One of the defining characteristics of the Subscription Economy is the speed at which companies must adjust to meet changing consumer needs and demands," said Luke Braud, VP Engineering & Product Management at Zuora. "These monthly product innovations enable our customers to keep pace with the changes, allowing them to continue to delight their customers, and seize greater market share."
Zuora's subscription billing and commerce platform changes the way subscription businesses manage and sell to customers, allowing them to bring new products to market in less time, with more flexibility and less hassle. Zuora customers are up and running within 90 days and often recognize 200% ROI within weeks. Zuora is built from the ground up by SaaS industry visionaries and veterans from salesforce.com, WebEx, Accenture, Google, eBay, Oracle and Vitria. Zuora customers include Reed Business Information, Coremetrics, InsideView, Marketo, Ricoh, Box.net, Xactly, and Cloud Central. To learn more about Zuora, please visit www.zuora.com.