Recurly

From Wikipedia, the free encyclopedia
Recurly, Inc.
Type Payment service provider
Industry Software Industry, Finance
Founded 2009
Headquarters San Francisco, California
Key people Dan Burkhart, CEO
Isaac Hall, CTO
Employees 25
Website recurly.com

Recurly is a software as a service company that provides recurring billing management as an outsourced service. Founded in September, 2009[1] and made available as a public beta in January, 2010.[2] Companies with subscription business models commonly encounter errors from payment gateways, acquiring banks, issuing banks, or credit card associations. Recurly remediates credit card payment errors on behalf of merchant customers, and automates customer communications related to subscription billing. In July, 2010, Recurly raised $1.6MM in seed fundraising, led by Polaris Venture Partners,[3] and a number of individual angel investors[4] In December, 2011,[5] Recurly raised a $6MM Series A round of investment led by BV Capital. Recurly is a Level 1 PCI-DSS compliant service provider.

References

  1. ↑ Online subscription billing is a pain Recurly wants to alleviate
  2. ↑ Recurly public beta
  3. ↑ DogPatch Labs unveils new brood
  4. ↑ Recurly raises $1.6 million to help companies manage subscription billing
  5. ↑ Subscription Billing Startup Recurly Raises $6 Million

External links

See also

This article is issued from Wikipedia. The text is available under the Creative Commons Attribution/Share Alike; additional terms may apply for the media files.