Home > techcrunch > Vindicia Raises $20 Million For On-Demand Billing Platform

Vindicia Raises $20 Million For On-Demand Billing Platform

November 1st, 2010 11:19 admin Leave a comment Go to comments

alt="" />Vindicia, a
company that provides an on-demand billing platform, has raised

$20 million
in series E funding led by FTV
l with existing investors
Bertelsmann Digital Media Investments
participating in the round. This investment brings the
company’s total funding to $41 million.

Vindicia supports online merchants with a number of solutions to
enhance the scalability, flexibility and compliance of their online
billing services. The company markets subscription billing and
fraud management solutions under the Software-as-a-Service model,
delivering its software products to companies in the online gaming,
social networking, virtual world and Internet dating space

Vindicia says that it will use the new funding to expand its
sales, services and marketing teams. Clients include
Symantec, Intuit, Activision/Blizzard Entertainment,
Atari/Cryptic, Fuel Industries, TransUnion Interactive and
Encyclopedia Britannica.

Source: Vindicia Raises $20 Million For On-Demand Billing Platform

Related Articles:

  1. Aria Systems Raises $20 Million For Cloud-Based Billing And Subscription Platform
  2. Act-On Raises $10 Million For Online Marketing Automation Platform
  3. Kony Solutions Raises $19.1 Million For Mobile Application Platform
  4. Mobile Payments Startup Billing Revolution Raises $6.6 Million
  5. [x+1] Raises $10 Million From Intel Capital For Online Targeting Platform
blog comments powered by Disqus