Opencell was founded in 2015 to commercialize an open-source billing solution originally created in 2007 by its current CEO David Meyer. The company focuses on helping IT organizations manage complex agile monetization challenges with a cloud-ready, SaaS hosting model and full suite quote-to-cash coverage. Opencell has 30+ customers, including a number of very large European enterprise accounts. The majority of its implementations are managed by an array of European (French) systems integrators. The core functionality is in billing (rating, catalog management, mediation, charging, invoicing) and has expanded into CPQ, revenue automation, accounts receivables management, and dunning. The company has raised over $9 million in equity and debt from a handful of French tech investment funds. Opencell operates from offices in Paris, France and Morocco.
The Use Case Note™ describes the ideal customer profile for a given solution. It helps prospective buyers understand the “best fit” for a product or service. The aim is to help interested parties quickly and confidently narrow the list of suppliers that could meet a particular use case. It is not intended to describe the entire range of possible use cases, nor is it an in-depth analysis of the supplier or solution. For an in-depth analysis of a solution, see MGI Research 360 Ratings™.
