Press Releases

Recurly Teams Up with Kount to Help Subscription-Based Merchants Combat Fraud

Recurly Inc., the enterprise-class subscription management platform, today announced a partnership with Kount, a leading provider of online and mobile fraud detection and prevention solutions to offer anti-fraud services focused on the needs of subscription-based merchants. Together, Kount and Recurly protect the revenue of subscription-based businesses from the losses and operational overhead caused by card-not-present fraud.

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Cyber Monday Starts Seasonal Surge for Subscriptions

Recurly, Inc., the enterprise-grade subscription management platform, released findings today from an examination of shopping volumes during the start of the holiday period, including Black Friday and Cyber Monday. On Cyber Monday 2015, subscription-based merchants experienced a 230 percent jump in total payment volume (TPV) as compared to other days during the study period.

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Recurly Raises $12 Million Series B Financing to fund Expansion of Rapidly Growing Subscription Billing Platform

Recurly Inc., the leading pay-as-you-go subscription billing platform, today announced that it has closed a $12 million Series B round of new financing. Devonshire Investors (the private investment firm affiliated with Fidelity Investments) led the round with participation from Greycroft Partners and existing investors, Polaris Partners and e.ventures. The new investment will allow Recurly to further accelerate the considerable momentum it has achieved over the last several years in the areas of product innovation, top-notch talent acquisition and customer and revenue growth. With this investment, Shervin Ghaemmaghami, from Devonshire Investors, will join the Recurly Board of Directors.

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Avalara and Recurly Partner on Sales Tax Integration

Avalara, Inc., a leading provider of cloud-based software that delivers a broad array of compliance solutions related to sales tax and other transactional taxes, today announced Recurly.com, the leading pay-as-you-go subscription billing management platform, has joined Avalara’s community of certified solution partners. Avalara’s solution partners are software publishers that integrate Avalara’s software as a service (SaaS) offering for sales tax management directly into their own applications.

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Recurly Appoints Renato Mascardo as Chief Technology Officer

Recurly, Inc., provider of the world’s most widely used subscription billing management platform, today announced the appointment of software industry veteran, Renato Mascardo as chief technology officer. Mascardo will focus on Recurly’s technical vision and operational excellence as the company scales to meet the demands of its growing customer base.

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Echo Park Chamber of Commerce Makes Membership Easy Through New Technology

Recurly, the leading pay-as-you-go subscription billing management service, today announced the Echo Park Chamber of Commerce is using Recurly to streamline its membership billing operations to improve the convenience and efficiency of its overall membership experience. The Chamber serves the business people and residents of Echo Park, Los Angeles, CA, and using Recurly to collect recurring dues from its membership base is just one of the innovative ways it uses technology to make maintaining an active membership status as easy as possible.

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