Get the latest tech news
Metronome’s usage-based billing software finds hit in AI as the startup raises $43M in fresh capital
Metronome, a startup which helps software companies offer usage-based billing, has raised $43 million in a Series B funding round led by NEA.
Metronome, a startup that helps software companies offer usage-based billing, has raised $43 million in a Series B funding round led by NEA. Existing backers Andreessen Horowitz and General Catalyst also participated in the financing, which brings its total amount raised to over $78 million since its 2019 inception. Founded by Dropbox alums Kevin Liu and Scott Woody, San Francisco-based Metronome says it saw a 6x increase in ARR last year as more companies transitioned from subscription to usage-based models, or a combination of both.
Or read this on TechCrunch