Friday, January 25, 2008

Zuora is a Benchmark funded start-up has raised $6.5 million in Series A funding

About Company:
Zuora, Inc is a Benchmark funded start-up based in Redwood Shores, CA led by veterans from WebEx, Salesforce.com, Accenture, DiCarta, Postini and Oracle.

How Much They Got From VCs:
Zuora Inc., a Calif.-based software-as-a-service startup, has raised $6.5 million in Series A funding. Benchmark Capital led the deal, with Benchmark partner Peter Fenton taking a board seat.

About VCs:
They invest in technology-driven companies that seek to create new markets with significant growth potential. They focus on early-stage investing and take a labor-intensive, service-oriented approach in markets where we have direct experience. These include enterprise software and services, communications & security, semiconductors, mobile computing, consumer services and financial services.

And, to ensure that each portfolio company gets the support it needs to succeed, we actively limit the number of companies we invest in. This gives us an unusually high partner-to-company ratio and guarantees that our portfolio companies get the attention they deserve.

Their investments range in size from as little as $100,000 to as much as $10 or $15 million. Typically, they invest $3 to $5 million initially and expect to invest $5 to $15 million over the life of a company. They invest for the long haul, not 'quick flips,' and look for entrepreneurs with a similar perspective.
http://www.benchmark.com/

Company Details:
Zuora, Inc
1400 Bridge Pkwy, Suite 201
Redwood City, CA 94065
Maps & driving directions

Tel: 650-641-3777
Fax: 650-376-1317
Email: info@zuora.com
Careers: careers@zuora.com

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