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OpenMeter makes it easier for companies to track usage-based billing
OpenMeter, a Y Combinator startup, is developing software to help companies track and offer usage-based products and services billing.
“This is a new challenge for engineers, as they need to build a real-time infrastructure to put cost control in place and integrate usage data with product and revenue teams,” Peter Marton, co-founder and CEO of OpenMeter, told TechCrunch in an interview. As Marton explains, OpenMeter — built on Apache Kafka, an open source toolkit for handling real-time data feeds — processes “usage events” across a company’s tech stack. There’s Metronome, which recently raised $43 million for its software that helps companies offer usage-based billing, and Amberflo, which is building tool sets to transform SaaS pricing with metered usage.
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