MetraTech Introduces Metanga, a SaaS billing solution on Azure

As more and more businesses are turning to the cloud for an easier and more effective monetization system, IDC recently forecasted the billing market to total $21.9 billion in 2015. As this market continues to grow, ISV customers are in need of an effective end-to-end billing solution in the cloud. To meet these demands, MetraTech, a provider of billing solutions, along with Microsoft announced Metanga, MetraTech’s multi-tenant SaaS based billing solution on Microsoft Windows Azure at GigaOM’s Structure in June.

Metanga now offers Microsoft customers with the shortest path to cloud-based billing solution to service monetization. The solution will enable the management of customer enrollment, product catalogs, pricing, promotions, invoicing, customer self-care and payment capture for customers, providing an end-to-end billing solution that empowers faster, easier and more effective monetization. It comes with SOAP and REST APIs.

The SaaS-based solution comes with a typical pricing model between $10 and $60 per month based on storage and transfer volume.

I had the chance to interview Curt Raffi, Product Marketing Manager at GigaOM’s Structure event in San Francisco in June:

Here is a quick product demonstration of their billing solution:

About Metanga

Metanga is the multi-tenant, cloud-based service of MetraTech, the leading provider of agreements-based billing and compensation software.  MetraTech is backed by technology investment leaders including Accel PartnersBessemer Venture PartnersPrism Venture Partners, and Vesbridge. Its on-premises or managed service MetraNet solution powers billing for market leaders like Microsoft, Depository Trust & Clearing Corporation, and the City of Chicago.

MetraTech puts years of award-winning industry experience solving the world’s most challenging billing problems behind its Metanga solution. Geared toward fast growing, entrepreneurial organizations, MetraNet and Metanga offer scalable, end-to-end enrollment, account management, dynamic pricing, product management, billing and customer self-service tools.

The Agreements Based Billing and Compensation solutions you need to monetize your subscription or consumption based model via the delivery mechanism of your choice.

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