Aria Systems, a San Mateo, CA-based provider of cloud billing and subscription management solutions, has closed a $20m Series C funding round.
The round was led by InterWest Partners, with participation from existing investors Hummer-Winblad and Venrock. A Fortune 500 technology firm also participated as a strategic investor.
This brings the total amount raised by the company to date to $34m.
In conjunction with the funding, Bruce Cleveland, general partner at InterWest Partners, joined Aria Systems’ Board of Directors. He brings decades of operational experience in the enterprise software and SaaS industries.
Founded in 2003 and led by president and CEO Mike Morini, Aria Systems provides SaaS subscription billing and subscription management solutions for companies that span a wide range of industries, including entertainment and cloud infrastructure.