Zuora, which supports subscription business models, has raised $115 million in funding from new investors Wellington Management Company LLP and Blackrock Inc., PremjiInvest and Passport Capital. Previous backers Benchmark Capital, Greylock Partners, Redpoint Ventures, Index Ventures, Shasta Ventures, Vulcan Capital, Next World Capital, Dave Duffield and Marc Benioff also participated. Zuora offers a SaaS-based relationship business management platform for companies in any industry. “The Subscription Economy is permeating every industry — entertainment, technology, healthcare, manufacturing with IoT, consumer products, everything,” said Tien Tzuo, Zuora co-founder and CEO. “Customers are now subscribers, and the new way to acquire, bill, and nurture customers is through monetizing subscriber relationships.”
Business intelligence platform provider Looker has secured $30 million in Series B financing led by Meritech Capital Partners, with participation from Sapphire Ventures, Redpoint Ventures, First Round Capital and PivotNorth. Looker includes companies such as Yahoo!, Warby Parker, Asana and Instacart among its customers. “Looker’s game-changing SaaS platform, which gives unprecedented access to business users in any department, combined with its accelerated growth and broad customer list, makes the company a compelling investment,” said Rob Ward, managing director at Meritech Capital Partners. “The BI market is experiencing a renaissance as data analysts and business users demand more than visualization and discovery from their tools. We expect Looker to lead the charge and become a dominant player.”
Self-storage marketplace SpareFoot has closed a $33 million investment round led by Revolution Growth. Insight Venture Partners and Monkfish Equity also participated. “Using the SpareFoot platform, consumers in need of self-storage can quickly and easily find and book a facility that meets their needs based on price, location, and other filterable options,” said Steve Case, co-founder and partner at Revolution Growth. “At Revolution, we believe that the Internet can be a tremendous force to level the playing field for independent small and midsize businesses. SpareFoot is making that possible by providing a suite of marketing tools for self-storage providers to acquire new customers easily and compete with big brands in the industry.” SpareFoot has now raised a total of $59 million in venture capital.
Pager, an app which allows people to request home calls from a physician, has raised $10.4 million, VentureBeat has reported. Lux Capital, Montage Ventures, Goodwater Capital and Summation Health Ventures all participated in the round. The company calls itself an “Uber for doctors” and currently operates just in New York.