Zuora Raises $50M To Tame Recurring Revenue

California-based software as a service (SaaS) recurring revenue solution provider Zuora has raised $50 million in new Series E fundraising, All Things D reported on September 5.

First-time participants Next World Capital, Northgate and Vulcan Capital participated in the round, as did a host of returning investors.

For more on how Zuora aims to help media and telecom companies manage subscription revenue, click here