Zuora Announces $400 Million Strategic Investment From Silver Lake To Accelerate Growth And Extend Leadership In The Subscription Economy

Mar 02, 2022•over 3 years ago

Amount Raised

$400 Million

Redwood CitySoftware

Description

Zuora, Inc. (NYSE: ZUO), the leading cloud-based subscription management platform provider, today announced a $400 million strategic investment from Silver Lake, a global leader in technology investing. The partnership reinforces Zuora’s leadership position and will empower Zuora to accelerate growth, including potential targeted acquisitions to expand its quote-to-revenue product portfolio.

Company Information

Company

Zuora

Location

Redwood City, California, United States

About

Zuora provides a leading monetization platform to build, run and grow a modern business through a dynamic mix of usage-based models, subscription bundles and everything in between. From pricing and packaging, to billing, payments and revenue recognition, Zuora’s flexible, modular software solutions are designed to help companies evolve and scale monetization with demand. More than 1,000 customers around the world, including BMC Software, Box, Caterpillar, General Motors, The New York Times, Schneider Electric and Zoom use Zuora’s unique combination of technology and expertise to transform their financial operations and how they go to market. Zuora is headquartered in Silicon Valley with offices in the Americas, EMEA and APAC.

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Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Zuora Announces $400 Million Strategic Investment From Silver Lake To Accelerate Growth And Extend Leadership In The Subscription Economy

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