SAN FRANCISCO, CA, May 15, 2009 — Zuora, Inc., the fastest growing subscription billing and payments service, announced its inclusion in JMP Securities’ list of The Hot 100: The Best Privately Held Software Companies. The report profiles 100 of the leading private companies in the software industry identified by the software research team at JMP Securities. JMP Securities is a San Francisco-based investment bank. Zuora is the only subscription billing solution included in the JMP Hot 100.

Zuora is gaining significant momentum in the industry, as both an innovator in Cloud Computing and Subscription Management. In the past few weeks, the company earned top honors from the technology and investing communities at Under the Radar, where Zuora won Best in Show, Judges’ Choice and Audience Choice. In addition, Zuora recently announced it has more than 100 customers, including Sun Microsystems.

“The subscription-based business model is white hot, with more and more companies embracing the flexibility and scalability of subscriptions every day,” said Tien Tzuo, CEO, Zuora. “Zuora is focused on helping companies maximize their subscription businesses and we’re thrilled to be the only subscription management company on the JMP Hot 100.”

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, 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 zuorainternprd.wpengine.com.