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Transverse Joins Rackspace Cloud Tools Marketplace

AUSTIN, TX — (Marketwired) — 08/21/13 — Cloud billing specialist today announced it has joined the Cloud Tools Marketplace from Hosting. The Cloud Tools Marketplace provides Rackspace customers who use the Rackspace public cloud product portfolio with an ecosystem of third-party technology solutions. The marketplace connects Rackspace customers with technology solutions such as Transverse-s TRACT, the premier cloud billing platform for AR automation and subscription management

“The Rackspace Cloud Tools Marketplace selects like-minded companies that share our commitment to world-class service and support,” said Stephen Salas, Business Development Manager at Rackspace. “As a customer, Cloud Tools partner and promoter of Rackspace, Transverse is a natural fit for inclusion into the ecosystem of technology partners that make up the Cloud Tools Program.”

In 2008, launched its TRACT Billing solution on the Rackspace Cloud and today, Transverse customers benefit from the security, flexibility and reliability of the hosting solution from the leader in the hybrid cloud. By having the hosting infrastructure backed by Fanatical SupportĀ®, Transverse can focus on automating the entire billing, payment and customer management process for many of the world-s leading companies.

“As a Rackspace customer, we have seen first-hand the company-s commitment to providing exemplary service, uptime and reliability,” said James Messer, Co-founder and CEO of Transverse. “We are excited to join the Cloud Tools Marketplace and demonstrate our unique capabilities and value as the industry-s only full-featured cloud billing platform to Rackspace-s expansive customer base.”

Founded in 2008, Transverse enables finance departments to automate the entire billing, payment and customer management process. Transverse-s TRACT Billing System supports unique, activity-based pricing and offers a real-time rating and charging engine for up-to-the-minute business intelligence on customer usage, allowing companies to streamline operations, reduce costs and increase revenues. Learn more about how TRACT can help your business at .

Amie Coleman for Transverse

720.854.8192

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