The $738 million ‘subscription economy’ company Zuora files to go public

economy

Zuora

  • The $738 million subscription startup Zuora filed to go public on Friday.
  • Zuora, which sells software that helps other companies run their subscription businesses, saw $168 million in revenue in 2018, but had a net loss of $47 million.
  • Though not very well known, Zuora runs the subscription services behind big-name customers like HBO, Ford and Symantec. 

The March madness continues as another tech startup has hopped in line for a 2018 initial public offering.

Zuora, a Silicon Valley cloud software company, filed an S-1 on Friday afternoon.

See the rest of the story at Business Insider

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SEE ALSO: A little known cloud security company just raised $192 million in the first big tech IPO of 2018


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