Today we are excited to share some great news. Aria Systems just completed a new significant funding round that brings in $50 million of fresh capital. The funds will be used to extend our enterprise-grade strategic monetization solutions to best support our growing list of customers.
This new funding investment round validates the huge market need for strategic monetization solutions. It also attests our tremendous success helping enterprises like Atlassian, Roku, and Zipcar go beyond billing to maximize recurring revenue streams and embrace innovative business models.
Recently, industry analysts Forrester Research, MGI Research, and Ventana Research recognized Aria as a leader in the market. And in 2015 we experienced triple-digit growth and a 97% enterprise retention rate.
We are very proud of our accomplishments and feel certain we have the right recipe for success with our customers. We look forward to building on this momentum and continuing shared success with our customers and partners in the years to come.
To learn more about this recent funding round, please see our official press release.