SaaS Funding Pioneer Partners with Top Solution for Customer and Recurring Revenue Management
SaaS Capital, the leading provider of Committed Credit Facilities to SaaS companies, today announced that it has provided a $2.5 million facility to Rev.io, which delivers innovative billing, CRM and management solutions to the communications industry.
“With our rapid growth and expanding market reach, SaaS Capital was a natural fit for our company,” says Brent Maropis, CEO of Rev.io. “Their approach to financing and experience with other SaaS companies has set them apart as the premier partner for our business.”
Rev.io provides complete customer and recurring revenue management with its revolutionary Rev.op solution. Businesses use Rev.op to monetize their products and services while effectively engaging customers. With more than 100 integrations, Rev.io features a comprehensive set of billing, ordering, and customer management tools. The company’s telecom billing platform allows businesses to focus on execution rather than infrastructure.
“The Rev.io team is exceptionally talented,” said Todd Gardner, Founder and Managing Director of SaaS Capital. “They have a fantastic product with features and capabilities of a company ten times their size. Additional financing from SaaS Capital will help them further their advantage on the product front and also get their message out to a broader market.”
About SaaS Capital
SaaS Capital is the premier provider of Committed Credit Facilities to SaaS companies. Focusing exclusively on the SaaS business model, SaaS Capital delivers faster decisions, more capital, and longer commitments. SaaS businesses have used SaaS Capital’s Committed Credit Facilities, instead of equity, to finance growth and create hundreds of millions in enterprise value without sacrificing significant ownership or control. Also, through its partnership with DH Capital, a boutique investment banking advisory firm, SaaS Capital can assist with M&A and capital raising services. SaaS Capital has offices in Cincinnati, New York, and Seattle. Visit www.saas-capital.com to learn more.