Overview

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Status
Acquired by on July 29, 2014
Total Equity Funding
$37.5M in 4 Rounds from 3 Investors
Headquarters:
Waltham, MA
Description:
MetraTech operates Metanga, a software cloud developing agreements-based billing, commerce and compensation solutions.
Founders:
Categories:
Cloud Computing, Software, Payments
Website:
http://www.metratech.com
Social:

Company Details

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MetraTech Corp. simplifies and enables global commerce innovation, while helping businesses respond to an ever changing customer and partner relationship landscape. They empower businesses to embrace change through a unique agreements-based billing, commerce and compensation solution that models and supports fluid, personalized, multi-party agreements for customers, partners and suppliers. They automate business processes and business models to address rapidly changing or complex business strategies. Their products are deployed globally, and their customers use MetraTech to innovatively create and securely collect revenue, provide settlement to partners and manage their customer lifecycle in 12 languages, 28 currencies and 90 countries. Customers include Arkadin, Bell, Concur, the Depository Trust and Clearing Corporation (DTCC), CETIP, The City of Chicago, GRU Sao Paulo International Airport, GXS, Intercall, LifeLock, Microsoft, PGi, Telia Sonera, Telus, and Telmore. The company is headquartered in Boston, with offices in London, Paris and Rio de Janeiro. MetraTech is a venture-backed, privately held company whose investors include Accel Partners, Meritech Capital and Vesbridge Partners.

Funding Rounds (4) - $37.5M

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DateAmount / RoundValuationLead InvestorInvestors
Sep, 2012$30M / Venture3
Sep, 2005undisclosed amount / Series D3
Nov, 2004$7.5M / Venture3
Apr, 2000undisclosed amount / Series C3

Current Team (10)

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Board Members and Advisors (3)

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Offices/Locations (1)

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  • Headquarters

    200 West Street

    Waltham, MA 02451

    USA

Past Team (5)

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Images (1)

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