Vindicia supports online merchants with a number of solutions to enhance the scalability, flexibility and compliance of their online billing services. The company markets subscription billing and fraud management solutions under the Software-as-a-Service model, delivering its software products to companies in the online gaming, social networking, virtual world and Internet dating space

Vindicia says that it will use the new funding to expand its sales, services and marketing teams. Clients include Boxee, Symantec, Intuit, Activision/Blizzard Entertainment, Atari/Cryptic, Fuel Industries, TransUnion Interactive and Encyclopedia Britannica.

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Authors: Leena Rao

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