FastSpring Launches Subscription Management Service

Santa Barbara-based FastSpring, the e-commerce and payment processing software firm headed by Dan Engel, said this week that it has launched a new online subscription management and payment service called SaaSy. Engel said that the service is aimed at SaaS and Web 2.0 companies, to eliminate their need for maintaining their own e-commerce infrastructure. The new product is specifically aimed at providers of subscription services. Engel has some prior success in the Internet area, having been VP of Marketing at Picasa when it was acquired by Google, as well as being involved in GoToMyPC and Idealab.