Zuora, a SaaS startup that offers online services to manage and automate customer subscriptions and payments, has raised $20 million in Series C funding led by Redpoint Ventures with the startup's existing investors; Benchmark Capital, Marc Benioff, Shasta Ventures and Tenaya Capital, also participating in the round. To date, the company has raised $41.5 million in funding. Launched in 2008, Zuora?s cloud-based billings platform aims to alleviate the need for online businesses to develop their own billing systems, especially to handle recurring payments like those associated with subscriptions. 
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