Zuora, which offers a recurring-billing solution used for subscriptions, announced it has appointed PayPal President Scott Thompson to its Board of Directors. Thompson joins existing board member Peter Fenton of Benchmark Capital. Zuora launched its flagship application, Z-Billing, in May 2008.
Thompson stated in a press release, "With the rise of on-demand and subscription services, there is also a growing demand for online billing solutions. Zuora's platform is truly built with the needs of the subscription market in mind. I am honored to take on this role and look forward to working with the Zuora executive team to address this opportunity."
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