WALTHAM, MA -- (Marketwire) -- 01/03/13 -- MetraTech Corp., the leading provider of innovative commerce, billing and compensation solutions, today announced that Metanga, its cloud-based commerce and billing application, will enable customer enrollment, billing and payment management for ISVs and application developers using the VerticaLive Business Framework, and for VerticaLive's new SMB-focused cloud accounting solution. VerticaLive is the only cloud accounting provider that offers a full-strength enterprise accounting solution and a software development environment built entirely on Microsoft's .NET framework. Metanga provided the commerce and billing functionality VerticaLive required to support its newest offerings, while also providing future flexibility around pricing, packaging and promotions.
Matthew DeVoll, CEO of VerticaLive, said, "It was important to us that Metanga, a Microsoft Certified Partner, had done significant work in enabling cloud monetization for the Microsoft community. Compared to the competition, Metanga provided a better solution that is easier to use and that gets us to market quickly. Metanga's ability to package and price the solution so that it works well for our reseller community as well as for our framework customers will enhance our success."
"When you're building great cloud applications like VerticaLive, how you get to market is key. Speed to sales and the ability to support resellers is imperative," said Scott Swartz, CEO and founder of MetraTech. "MetraTech offers a unique, metadata-driven technology and value proposition that allows us to support sales and business models that others simply can't match."
MetraTech Corp. offers an innovative approach for monetizing relationships with customers, partners and suppliers. Organizations are empowered to embrace change through a unique agreements-based billing and compensation solution that models and supports fluid, personalized, multi-party agreements. We automate business processes and business models to address rapidly changing or sophisticated business models. Our products are deployed globally, and our customers use MetraTech to innovatively create and securely collect revenue, compensate partners and manage their customer lifecycle in 12 languages, 28 currencies and 90 countries. Customers include Concur, The Depository Trust and Clearing Corporation (DTCC), CETIP, the City of Chicago, Microsoft, PGi, LifeLock 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. For more information, please visit www.metratech.com and www.metanga.com, or contact us at email@example.com.
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