eVapt, Inc., is a US-based, wholly-owned subsidiary of MagnaQuest, that enables the metering, billing, subscription management and pay-as-you-use model for Cloud computing, SaaS, PaaS, IaaS, On-Demand service providers.
eVapt was founded in 2006 and headquartered in Austin. Its solution handles price modelling, usage analytics, invoicing, billing etc. thereby allowing vendors to focus on their core competencies.