Aria Systems
 | |
| Type | Private |
|---|---|
| Industry | SaaS |
| Founded | 2002 in Media, Pennsylvania, U.S. |
| Founders | Brendan O'Brien Ed Sullivan |
| Headquarters | , United States  |
Area served | Worldwide |
Key people | Tom Dibble (CEO) |
| Website | ariasystems |
Aria Systems is an American software company that provides a cloud-based SaaS billing and monetization platform for enterprises.[1][2] It is based in San Francisco, California.
History
[edit]Aria Systems was founded in 2002 by Brendan O'Brien and Edward "Ed" Sullivan in Media, Pennsylvania, to provide a cloud-based billing platform for businesses with recurring revenue models, as an alternative to locally installed billing platforms.[3][4][5]
Aria received its first major institutional funding in 2007 with a $4 million Series A round led by Hummer Winblad Venture Partners.[6] As the adoption of its cloud billing platform grew, Aria expanded its operations. In 2011, Aria raised $20 million in an investment round led by InterWest with participation of Hummer-Winblad and Venrock.[7][8]
In 2012, Tom Dibble was appointed CEO.[9] The following year, Aria opened its first international office in London and raised a $40 million Series D round led by Bain Capital Ventures.[10][11]
In 2016, Aria raised an additional $50 million in Series E financing led by Rembrandt Venture Partners and Madison Bay Capital.[12] In the same year, Aria was listed on Deloitte’s Technology Fast 500.[13]
In August 2021, Aria raised $90 million in a growth capital investment round led by Goldman Sachs Asset Management.[14]
Platform
[edit]Aria Systems provides a cloud-based billing automation platform to manage subscription and recurring billing for enterprises. It integrates with payment gateways and back‑office enterprise systems, such as CRM and ERP.[15][16]
In 2016, Aria launched "Aria for Connected Vehicles," to monetize automotive IoT services.[17][18] In 2024, Aria introduced an AI chatbot called Aria Billie.[19]
References
[edit]- ↑ Key, Peter. "Aria Systems is singing its own praises". Philadelphia Business Journal. Retrieved 13 March 2026.
- ↑ Clancy, Heather. "Meet Aria Systems, Enabler of the Subscription Economy". Fortune. Retrieved 13 March 2026.
- ↑ Adam, Stone. "How to beat those billing system blues". Philadelphia Business Journal. Retrieved 13 March 2026.
- ↑ Cohan, Peter. "How Aria Systems Boosts Your Cash Flow". Forbes. Retrieved 13 March 2026.
- ↑ "Aria Company Profile". Bloomberg. Retrieved 13 March 2026.
- ↑ Key, Peter. "Aria Systems is singing its own praises". Philadelphia Business Journal. Retrieved 13 March 2026.
- ↑ Rao, Leena. "Aria Systems Raises $20 Million For Cloud-Based Billing And Subscription Platform". Tech Crunch. Retrieved 13 March 2026.
- ↑ "Aria Systems raises $20M in third round". Silicon Valley Business Journal. Retrieved 13 March 2026.
- ↑ "Aria Systems Elevates Tom Dibble To CEO Role". Wall Street Journal. Retrieved 13 March 2026.
- ↑ Gage, Deborah. "Aria Systems Raises $40M, Partners With ServiceSource". Wall Street Journal. Retrieved 13 March 2026.
- ↑ "Aria Systems raises $40 million for recurring revenue management". San Francisco Business Times. Retrieved 13 March 2026.
- ↑ "Funding Snapshot: Online Subscription Software Maker Aria Systems Raises $50M". Wall Street Journal. Retrieved 13 March 2026.
- ↑ "Aria Systems Named to Deloitte's 2016 Technology Fast 500(TM) List of Fastest Growing Companies in North America". Yahoo Finance. Retrieved 13 March 2026.
- ↑ Moncada Rivera, Fernando. "Aria Systems gets $90m from Goldman Sachs". Global Venturing. Retrieved 28 March 2026.
- ↑ Hall, Mark. "SaaS Slips Past Last Barrier". Computerworld. Retrieved 13 March 2026.
- ↑ Clymo, Rob. "Aria Systems billing & monetization review". Techradar. Retrieved 13 March 2026.
- ↑ Hall-Geisler, Kristen. "Aria Systems launches automotive recurring revenue platform". Tech Crunch. Retrieved 13 March 2026.
- ↑ O'Donnell, Lindsey. "Aria Systems Puts 'Connected Cars' IoT Service In Gear". Computer Reseller News. Retrieved 13 March 2026.
- ↑ "Aria Systems introduces Aria Billie™ AI chatbot: Brendan O'Brien". TM Forum. Retrieved 13 March 2026.