Ottawa’s jBilling snapped up by AppDirect

Cloud app store company AppDirect has acquired jBilling, an open source billing firm based in Ottawa. br>
Financial terms of the deal were not disclosed.

Founded in 2002, jBilling provides services to clients such as ConstantContact, VeriFone and Sage, according to our source article fromTechCrunch. AppDirect co-CEO Daniel Saks said his company will continueto sell and support existing jBilling products.

According to the news release announcing the acquisition, jBillingprocesses more than 10 million invoices each month and has racked upmore than 120,000 downloads in more than 150 countries todate.   

Screenshot of the jBilling homepage.

AppDirect, founded in 2009, is based in San Francisco. It makes “whitelabel” software-as-a-service(SaaS) app stores. Many of its customers are IT consulting firms thatsell SaaS applications like Google Apps and Send Grid. The company hasraised almost $12 million in financing over the past year.

Source | TechCrunch

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Christine Wong
Christine Wonghttp://www.itbusiness.ca
Christine Wong has been an on-air reporter for a national daily show on Rogers TV and at High Tech TV, a weekly news magazine on CTV's Ottawa affiliate. She was also an associate producer at Report On Business Television (now called BNN) and CBC's The Hour With George Stroumboulopoulos. As an associate producer at Slice TV, she helped launch two national daily talk shows, The Mom Show and Three Takes. Recently, she was a Staff Writer at ITBusiness.ca and is now a freelance contributor.

Related Tech News

Get ITBusiness Delivered

Our experienced team of journalists brings you engaging content targeted to IT professionals and line-of-business executives delivered directly to your inbox.