Scott Thompson, President of eBay Inc. (NASDAQ:EBAY) subsidiary PayPal has joined the Board of Directors for Zuora. Thompson helped build some of the technologies that PayPal uses today.
Zuora is essentially a subscription billing company. Zuora’s flagship product is called Z-Billing. Z-Billing makes it easy to manage customer accounts, product catalog, billing operations, and subscriptions.
?With the rise of on-demand and subscription services, there is also a
growing demand for online billing solutions. Zuora’s platform is truly
built with the needs of the subscription market in mind,? said Scott
Thompson, president of PayPal. ?I am honored to take on this role and
look forward to working with the Zuora executive team to address this
Zuora was co-founded by K.V. Rao, Tien Tzuo, and Cheng Zou. Tzuo was the chief strategy officer at Salesforce.com prior to starting Zuora. Zuora raised about $6.5 million in funding from Marc Benioff, CEO of Salesforce.com and Benchmark Capital.
The picture of Scott Thompson above is from the Zuora blog.