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Jan 31, 2022
Zuora Q4 2022 Earnings Report
Announced a $400 Million Strategic Investment from Silver Lake to Accelerate Growth.
Key Takeaways
Zuora announced a $400 million strategic investment from Silver Lake to accelerate growth and extend leadership in the subscription economy. The partnership reinforces Zuora’s leadership position and will empower Zuora to accelerate growth, including potential targeted acquisitions to expand its quote-to-revenue product portfolio.
Zuora received a $400 million strategic investment from Silver Lake.
The investment will help Zuora accelerate growth and expand its product portfolio.
Silver Lake Managing Partner Joe Osnoss will join Zuora’s Board of Directors.
Zuora reported ARR growth of 20% year-over-year and a Dollar-based Retention Rate of 110% for the fourth fiscal quarter of 2022.