Software Startup Aria Systems Secures $18 Million

Aria Systems announced the completion of $18 million in financing, led by Madison Bay Capital Partners. InterWest Partners, Venrock, and HWVP also participated in the offering.

Aria helps clients take advantage of each customer-driven event − which the company calls “revenue moments” − with agile billing, active customer engagement, and rapid development of new products and services. With Aria’s end-to-end active monetization platform, global brands can get to market faster with a wider variety of products and services, while maximizing customer satisfaction, retention, and lifetime value.

In its announcement, the company said the funding will enable Aria to continue its growth trajectory.