Zuora, the Subscription Billing Leader, Named to the Red Herring 100 North America

May 21, 2009

SAN FRANCISCO, CA, May 21, 2009 — Zuora, Inc., the fastest growing subscription billing and payments service, has been named to the Red Herring 100 North America. Zuora was chosen from more than 1,000 eligible companies and made it through two rounds of elimination to reach the top 100.

Zuora adds the Red Herring 100 North America to an impressive list of industry accolades. In the month of May, the company was chosen “Best in Show” at the Under the Radar conference —winning the top honors among hundreds of companies. At Under the Radar, Zuora also won the Judges’ Choice and Audience Choice awards for the web services track. Last week, Zuora was named to the JMP Securities Hot 100: The Best Privately Held Software Companies. In addition, Zuora recently announced it has more than 100 customers, including Sun Microsystems.

“Subscription Management is thriving, as evidenced by Zuora’s rapid growth and traction in the market,” said Tien Tzuo, CEO, Zuora. “As the Subscription Economy continues to take hold, Zuora will be there to provide the critical commerce capabilities required by companies as they build their subscription businesses.”

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.