m3ter Raises $17.5M in Funding
- m3ter, a London, UK-based metering and pricing engine for SaaS companies, launched from stealth with $17.5 million in funding
- Backers included Kindred Capital, Union Square Ventures and Insight Partners, as well as angels
- The company intends to use the funds to build on significant early traction to expand into new markets, grow its team, and extend its product
- The company is a metering and pricing engine that makes it easy for SaaS companies to deploy, manage and optimize usage-based pricing
- It provides data infrastructure that captures granular usage and cost data at scale, enables complex pricing configuration, and calculates bill amounts in near real time
