Hyperline Is a Billing Platform for SaaS Products, and System Initiative Secured $18 Million to Modernize DevOps

Hello! 🙋We have the following Product updates for you today! 📣

• Hyperline is a billing platform for SaaS products.
• System Initiative secured $18 Million to modernize DevOps.

Hyperline Is a Billing Platform for SaaS Products

Hyperline is an all-inclusive platform for managing pricing, invoicing, and taxation for software-as-a-service (SaaS) businesses. To support diverse business models, the platform provides various billing alternatives, including subscription-based, usage-based, hosted checkout, customized discounts, etc.

In a recent funding round, the company raised an investment of $4.4 million (€4 million), which is led by Index Ventures.

One of their platform’s remarkable features is its flexibility of quick onboarding and effective management of complex billing requirements.

The company provides integration options with leading payment providers such as Stripe, GoCardless, CRMs, etc. The developers can even make use of API to customize the payment options.

System Initiative Secured $18 Million to Modernize DevOps

System Initiative is a tool for DevOps teams to create simulated infrastructure, allowing faster updates to live environments. It’s in private beta testing and will open source a large part of its fundamental toolkit.

The company secured $3 million in seed round funding led by Amplify Partners and $15 million in Series A round led by Scale Venture Partners.

System Initiative’s visual interface helps infrastructure engineers create digital replicas of production systems. These replicas enable engineers to test different configurations. The tool then generates the code to implement these configurations in the production environment.

Its top features include Intelligent Automation, Fast feedback loops, Focused collaboration, etc.

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