Zuora Raises $20 Million Series C Round

Subscription billing service provider Zuora has raised $20 million in a Series C round led by Redpoint Ventures. Existing investors Benchmark Capital, Marc Benioff, Shasta Ventures and Tenaya Capital also participated in the round. The new financing will help the company expand its operations in the U.S. and abroad, and to expand its industry-specific billing products. Redwood, Calif.-based Zuora has raised a total of $41.5 million from investors.

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