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Follow The Money: 10 Notable Tech Venture Capital Investments In February

Security and data analysis technology developers continue to lead IT startups when it comes to attracting venture capital financing.

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Aria Systems

Headquarters: San Francisco

CEO: Tom Dibble

New Funding: $50 million

Round: Series E

Backers: Bain Capital Ventures, Hummer Winblad Venture Partners, InterWest Partners, Venrock, Rembrandt Venture Partners, Madison Bay Capital Partners, Hercules Technology Growth Capital and VMware.

Founded in 2003, Aria Systems provides cloud-based billing and recurring revenue management applications. The company said its bookings in 2015 grew 145 percent over 2014.

In February the company named industry veteran David Wittenkamp to be its new chief financial officer and former SAP executive Andres Botero as chief marketing officer.

 
 
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