Aria Systems

Aria Systems

Aria Systems is a San Francisco-based software company.

Aria Systems provides a cloud-based billing and monetization platform for enterprise companies that wish to sell products via subscription and usage-based and other recurring revenue business models. Notable Aria customers include Audi, Adobe, Pitney Bowes, Philips, and Roku.

History

Aria Systems was founded in Pennsylvania by 5 professionals, all of whom previously worked for LaserLink.net (an Internet Service Provider), which was acquired by Covad Communications Group in 2000.

In 2008, Aria Systems raised $10 million in Series B funding, led by Venrock.In 2009, the company moved its headquarters to Silicon Valley; completed SAS 70 Type II certification; achieved Level One PCI Compliance; and published "Subscription Billing for Dummies".

In 2011, Aria Systems closed a Series C investment round of $20 million, led by InterWest Partners.In 2012, Tom Dibble was appointed Aria Systems' new president and CEO, and the company more than doubled recurring billings and revenue compared to the same period in 2011.

In 2013, Aria Systems closed a Series D investment of $40 million led by Bain Capital Ventures.In 2016, Aria Systems Closed a Series E investment of $50 million.In September 2016, Aria released Aria Crescendo.

Products

Aria Crescendo, released in 2016 is the latest release of Aria Systems' cloud-based billing and monetization platform. Aria Crescendo is designed to allow companies that utilize recurring revenue business models like subscriptions and usage-based products and services to provide their end-customers with more ways to buy products and pay for them.

In 2016, Aria also launched Aria for Connected Vehicles for the automotive industry and Aria for Communications for the telecommunications industry.

Reception

Aria Systems has been profiled in FORTUNE Magazine, Forbes, eWeek, SaaS in the Enterprise, TechJournal, CRM Magazine and CRM Buyer.

Tom Dibble, Aria Systems' president and CEO, has authored articles for CloudTweaks, Billing & OSS World, E-Commerce Times, Slashdot, and CRM Magazine. Co-founder Brendan O'Brien has been a guest columnist on WIRED, TechCrunch, VentureBeat, IotNow, Disruptive Views, and other publications.

Aria Systems was recognized as a 2016 Deloitte Fast 500 Company, a 2016 CV Magazine Technology Innovator, by Business Review Australia as a Top Ten Cloud Computing Company in 2016, by TMT Telecom as the Best Cloud-based Monetization Platform, by Forrester Research in 2015 as a leader in Subscription billing platforms, by AlwaysOn as one of the Global 250 Top Private Companies in 2012, and one of the Top 100 Private On-Demand and SaaS Companies in 2011; a TiEcon Top 10 Startup in the software category in 2010; and a “Rising Star” by CRM Magazine in 2008.

Timeline

November 19, 2013

Aria Systems raises a $40,000,000 series D round from VMware, Bain Capital Ventures, InterWest Partners, Venrock, Tugboat Ventures and Hummer Winblad Venture Partners.

February 1, 2011

Aria Systems raises a $27,200,000 series C round from Venrock, Tugboat Ventures, Hummer Winblad Venture Partners and InterWest Partners.

December 8, 2008

Aria Systems raises a $10,000,000 series B round from Venrock.

November 7, 2007

Aria Systems raises a $4,000,000 series A round from Hummer Winblad Venture Partners.

Funding rounds

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Amr Hegazy

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Amrinder Singh

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Andy Frizzell

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Angela Plummer

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Arnav Bhatkar

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Bhanu Thota

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Bill Pflum

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Bill Takacs

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Bill Veiga

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Brian James

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Bryant Del Angel

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Dafina Toncheva

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Derrick Lin

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Doug McLeod

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Ed James

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Edward Sullivan

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Eileen Bernardo

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Eric Gonzalez

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Gowri Murthy

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Greg Thimmes

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Gregory Comlish

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Hassan Ibrahim

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Heather Pertel

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Heather Stewart

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Helen Wo

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