SAN FRANCISCO – AppDirect, A cloud service marketplace company, announced it has acquired jBilling, a leader in open-source billing solutions.
With the strategic move, both companies will expand their reach while leveraging their global expertise in billing and marketplace solutions.
Going forward, jBilling will 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.
To learn more about jBilling, please visit: http://www.jbilling.com