SAN FRANCISCO, CA — July 16, 2009 — Zuora, Inc., the fastest-growing on-demand subscription billing and payments service, announced that it has been selected to the 2009 AlwaysOn Global 250 Top Private Companies List. The AlwaysOn Global 250 Award is given to the best private, emerging innovators in technology, successful in creating new business opportunities in high-growth markets.
Zuora adds the honor to an impressive list of recent industry accolades. At this year’s Under the Radar conference, Zuora was nominated “Best in Show” in addition to winning Judges’ Choice and Audience Choice awards for the web services track. In May alone, Zuora won a ‘WizKid’ Award from Beagle Research and was named to both the Red Herring 100 North America and JMP Securities Hot 100: The Best Privately Held Software Companies. Zuora was also a finalist in the American Business Awards and the TiECon50.
“In the past year, we have seen the subscription economy take off – companies ranging from traditional media outlets to Hallmark are offering subscription services online. Zuora is proud to be a pivotal player when it comes to making money in the cloud,” said Tien Tzuo, CEO, Zuora.
Zuora was selected by the AlwaysOn editorial team based on demonstration of growth, market opportunity, quality of innovation and customer traction. The AlwaysOn Global 250 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2009 list.
In April 2009, Zuora launched Z-Billing 2.0, the most powerful and customizable on-demand billing platform available anywhere. Z-Billing is the first billing application designed specifically for subscription companies, giving them the flexibility and power to create, manage, and grow their business. Within one year of launching, Zuora completed its suite of products, including Z-Payments, a complete payment solution built for subscription businesses that includes the ability to accept PayPal payments; Z-Force, the first billing and payment system fully integrated with salesforce.com and 100% native to the Force.com platform; Z-Commerce, the Business Cloud developer platform; and Z-Commerce for Facebook.
Zuora has more than 100 customers, including CVSDude, Marketo, Box.net, and Sun Microsystems.
About Zuora, Inc.
Zuora is the fastest-growing on-demand subscription billing and payment service. The Zuora platform changes the way subscription businesses manage and sell to customers, and allows them to bring new products to market in less time, with less hassle. Zuora is built from the ground up by SaaS industry visionaries and veterans from salesforce.com, WebEx, Accenture, Postini (now Google), and Oracle. The company is based in Redwood City, California. To learn more about Zuora, please visit www.zuora.com.