San Francisco-based AppDirect, a cloud service marketplace company, has acquired open source billing technology company jBilling. Terms were not released. jBilling was formed in 2002. AppDirect raised $8.5 million this summer from investors including iNovia Capital and Stingray Digital.
Editor’s Note: AppDirect supplied peHUB with the news release below, which replaces an older version containing incomplete information about jBilling.
AppDirect Acquires jBilling, World’s Leading Open Source Billing Solution
Move Expands Footprint of Both Companies, Combines Global Billing and Marketplace-as-a-Service Expertise
SAN FRANCISCO, CA–AppDirect, the leading cloud service marketplace company, announced today that it has acquired jBilling, the global leader in open source billing solutions. With this strategic move, both companies will expand their reach while leveraging their global expertise in billing and marketplace solutions. Going forward, jBilling will continue to serve new and existing customers, while both companies are poised to create a new, differentiated distribution model that makes delivering web-based services faster, easier, and more seamless.
“Billing and payments are central not only to the AppDirect platform, but to the online distribution of software and services as a whole,” said Daniel Saks, president and co-CEO of AppDirect. “We see a lot of opportunity to change the way cloud service distribution works, and with jBilling’s flexible, open source platform, we’ve found the ideal solution to do just that. The technology makes billing better for providers, developers, and customers alike.”
Founded in 2002, jBilling powers the billing systems of a variety of trusted telecom providers, SaaS companies, public utilities, and others around the world, including Constant Contact, VeriFone, Sage Software, and more. jBilling is based in Ottawa, Canada, and has a distributed team of billing experts around the globe. The company’s leading technology, long-term experience, and industry expertise have enabled jBilling to become the world’s leading open source billing solution, with over 120,000 downloads across more than 150 countries, and greater than 10 million invoices processed each month.
“jBilling brings unparalleled simplicity to subscription and other types of complex billing, and the company has helped businesses in a range of industries make payments easier,” Saks said. “We’re excited to work with jBilling’s expert team to bring their powerful set of solutions to even more users worldwide.”
jBilling is a reliable, advanced open source solution built on Java technologies. With a flexible plug-in architecture, the software can be configured to accommodate a range of billing scenarios, including subscriptions, pre-payments with credit cards, complex pricing, and more. jBilling is available in several different editions tailored to meet specific business needs, including jBilling Telco Edition, a new solution being released today that offers both a SaaS version that can be used in the cloud, and a downloadable version that can be installed and configured on site. Users can also choose jBilling Community Edition, a version that can be downloaded for free.
“I’ve always appreciated our close working relationship with the AppDirect team, but I’m thrilled that jBilling is now an essential part of AppDirect,” said Emiliano Conde, jBilling’s founder and lead developer. “Our solutions are a natural complement to one another, and working together, we have limitless potential to transform the way that companies in a range of industries deliver and bill for their software and services.”
To learn more about jBilling, please visit: http://www.jbilling.com
AppDirect is the leading cloud service marketplace company dedicated to revolutionizing the way businesses run. Its award-winning platform connects businesses, brands, and developers through a global network of partner marketplaces. Based in San Francisco, AppDirect powers the marketplaces of trusted companies around the globe — including Deutsche Telekom, Rackspace, Swisscom, Bell Canada, Appcelerator, and more — and has helped millions of businesses discover, buy, and manage the best cloud-based software and services.