Our friends over at Recurly have raised $6 million in a Series A financing round led by BV Capital, and including Polaris Venture Partners, Harrison Metal Capital and FreeStyle Capital. Recurly is powering billing for over 750 small/medium enterprises, including JibJab, Fox News Radio, Justin.tv, SlideShare, GOOD.is, and Weather Underground. So far the company has raised about $8 Million total. Recurly makes it super easy for businesses of all sizes to offer and manage subscriptions and recurring revenue. Their simple approach allows customer to get setp and running about 5 minutes.
Recurly's system handles tasks like credit card number storage, failed transaction management, renewal management, and customer management. Subscription-based businesses lose a ton of money each month due to credit card transaction failures, Recurly makes it easy to spot these and update information for on time billing and revenue recognition. Like most billing solutions, Recurly supports integration with a number of financial software solutions, including QuickBooks.
Billing comes in all forms and flavors, so Recurly has launched a payment gateway designed specifically to handle these unique requirements.
We've been following Recurly since the beginning and had the opportunity to take a tour of their offices about a year ago. Watch our video and meet the founding team at Recurly!
We caught up with Dan Burkhart at the All About The Cloud conference. Watch our exclusive video with him.
Learn more about Recurly, visit their listing in our Marketplace.



