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Avangate Acquires 2Checkout to Expand Payment Flexibility and Broaden Market Reach
Combined company will bring a unique combination of eCommerce and subscription management solutions to market through various payment models across the globe.
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Avangate Has New Office in Atlanta
Avangate Announces The Opening Of New Atlanta Office
Digital Commerce Leader Experiences Strong Momentum; Aggressively Hiring to Meet the Demand from Growing Customer Base
Redwood City, CA - March 30, 2015 - Avangate, the leading Digital Commerce solution provider trusted by thousands of Software, Cloud and Online Services companies to grow their business worldwide, today announced the opening of a new Atlanta, GA office to better serve its rapidly growing customer base. With this new location, Avangate continues to expand across the globe and now employs over 230 people, a 40% increase over 2014.
Driven by the digital transformation impacting all industries and the rise of the New Services Economy, the company increased its customer base to over 4,000 customers and received recent accolades from Montclare, mThink Affiliate Networks Blue Book and was featured in several analyst firms' reports, including Gartner, Forrester, IDC and 451 Research among others.
In support of the strong customer momentum, Avangate is aggressively hiring with plans to expand to over 300 employees by the end of 2015. The additional staff will help the company meet the growing demand for digital commerce services and drive the research and development for the next innovations in digital commerce.
"The wide industry recognition of our company as an enabler for growth and fast expansion into new markets is great validation of our strategy and mirrors our client success stories. We're experiencing tremendous growth and the opening of the new Atlanta office is a key milestone in our expansion plans," said Avangate's CEO and President Carl Theobald.
Recent Avangate Highlights
- Ranked #1 Affiliate Network Focused On Digital Goods And 4th Overall Network In 2015 Blue Book
- Named to Montclare 250 list of the most influential SaaS companies in the world
- National Champion for The Netherlands, 2014/15 European Business Awards
- Gold Stevie® Award "Company of the Year - Computer Software - Up to 250 Employees", 2014
- Deloitte's 2014 Technology Fast 500™
In addition, prominent research group IDC recently profiled Avangate in a report entitled "Avangate: Turnkey Digital Commerce for Software, SaaS, and Online Services, Christine Dover, Jan 2015". To read the report, which includes an in-depth analysis of Avangate, including company overview, solution components, go to market strategy, partnerships, future outlook and essential guidance for buyers, please visit the dedicated IDC Profile page on Avangate's website.
To learn more about how Avangate can grow your software and online services sales, read an overview of the Avangate commerce solutions as well as selected client success stories.
About 2Checkout (formerly Avangate)
2Checkout, a Francisco Partners portfolio company, is the digital commerce & payments provider that helps companies sell their products and services via multiple channels, acquire customers across multiple touch points, increase customer and revenue retention, leverage smarter payment options and subscription billing models, and maximize sales conversion rates. The company’s clients include ABBYY, Absolute, Bitdefender, FICO, HP Software, Kaspersky Lab, and many more companies across the globe.
Avangate acquired 2Checkout in March 2017. More information about 2Checkout’s Avangate platform and related services can be found on www.avangate.com.
More information on 2Checkout can be found on www.2checkout.com
Media Contact
For media & PR inquiries related to Avangate, please contact:
Delia Ene, Avangate
Phone: +31 20 890 8080
Email:
press@avangate.com
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