About eVapt

eVapt Inc. enables usage-based selling (instant SaaS metering) for Software-as-a-Service (SaaS) vendors. By using eVapt's innovative solution, SaaS vendors can operate more effectively. The solution handles usage analytics, invoicing, billing etc. thereby allowing SaaS providers to focus on their core competencies, such as business service delivery. The company is based out of Austin, TX and was formed by software industry veterans with a vision to enable enterprises, small business and individuals to buy business services on-demand.

The company has been a winner since its early roots. It was formed as a result of an award winning work done by its founders while attending the McCombs School of Business at the University of Texas, Austin. With the SaaS market growing substantially faster than its traditional software counterpart, eVapt looks forward to be a leading player in this market that is expected to be over $10 Billion in a few years.

SaaS vendors developing software services have a choice of building their own custom usage-based selling solutions or using eVapt's easy-to-deploy solution. eVapt's technology not only allows easy integration with disparate data repositories but requires no changes to the original application. eVapt thus enables faster time-to-market of service offerings and revenue acceleration. Tight integration into the Salesforce.com platform allows SaaS vendors to incorporate eVapt's offering easily into their sales workflow. eVapt's engagement model can be tailored to fit a customer's financial and technology needs.

With a customer-centric approach to building its solution, eVapt has grown steadily since its inception and continues to build upon its solid momentum.eVapt's customers continue to benefit in areas of revenue assurance, revenue acceleration and operational efficiency.

Awards

Technology track grand prize winner of the 2007 McGinnis Venture Competition at Carnegie Mellon University

Outstanding Market recognition in the Moot Corp. competition 2007 at the University of Texas at Austin

Idea to Product competition 2006 at the University of Texas at Austin Fourth place winner

Patents Filed

Generic Software Service Meter

Standards Based Metering Data Repository for Software as a Service

Pricing, Billing and Invoicing for Software as a Service Utilizing a Metering Service