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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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SIIA CODiE Awards 2015
Avangate Wins 2015 SIIA CODiE Award For Best Subscription Management Solution
Award Recognizes Avangate Leadership in Subscription Billing and Recurring Revenue for Software, SaaS and Online Services Companies
Redwood City, CA - May 21, 2015 - Avangate, the leading Digital Commerce solution provider trusted by thousands of Software and Online Services companies to grow their business worldwide, today announced that it has won the 2015 CODiE Award for Best Subscription Management Solution.
The SIIA CODiE Awards, now in their 30th edition, are the premier awards for the software and information industries. More than 1,000 companies have been recognized for achieving excellence, and the CODiE Awards remain the only peer-recognized program in the software and information industries. With over 85 categories, the CODiE Awards serve as market validation for a product's innovation, vision, and overall industry impact. The Awards are organized by the Software & Information Industry Association (SIIA), and Avangate has been winner or a finalist in several categories since 2011.
A panel of experienced judges selected Avangate as Best Subscription Management Solution based on demanding criteria, including ease of use, integration capabilities, pricing, flexibility, reporting/analytics, scalability and security. For the purposes of the award, subscription management included assisted or unassisted subscription sales, pricing & packaging, billing, invoicing, payments, reporting and financial management.
"Avangate is proud to have our success in subscription management recognized by the CODiEs," said Carl Theobald, CEO of Avangate. "The market is demanding subscription solutions that are fully integrated with a flexible and complete commerce platform to support rapid deployment across a variety of business models. By providing industry leading subscription management solutions that are a core part of a complete digital commerce solution, we help companies get to market faster and maximize the lifetime value of their customers."
"SIIA's 2015 Software CODiE Award winners' are some of the most innovative, high-impact software products in the market," said Rhianna Collier, VP & general manager for the Software & Services Division at SIIA. "We congratulate all of this year's CODiE Award winners, and thank them for the contributions they have made to the software industry."
Avangate was also named finalist in the SIIA 2015 Best Commerce Solution as well as Best eCommerce & Billing Platform. Winners for the latter category will be announced on June 15th. Details about the CODiE winners can be found at http://www.siia.net/codies/2015/winners.asp
Read more about Avangate's Digital Commerce solutions.
About the SIIA CODiE™ Awards
The SIIA CODiE™ Awards were established in 1986 by the Software & Information Industry Association (SIIA), so that pioneers of the then-nascent software industry could evaluate and honor each other's work. Since then, the CODiE Awards program has carried out the same purpose - to celebrate the software and information industry's finest products and services.
The SIIA CODiE Awards are the industry's only peer-reviewed awards program. The first round review of all nominees is conducted by media, publishing, and information services executives with considerable industry expertise, including members of the industry, analysts, media and bloggers, and bankers and investors. The judges are responsible for selecting the CODiE Awards finalists. SIIA members then vote on the finalist products and scores from both rounds are tabulated to select the winners.
For more information about the SIIA CODiE Awards, visit: http://www.siia.net/codies
About SIIA
SIIA is the leading association representing the software and digital content industries. SIIA represents approximately 800 member companies worldwide that develop software and digital information content. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to the leading companies that are setting the pace for the digital age. For more information, visit www.siia.net. The Software & Services Division of SIIA (SSD) represents companies that develop the applications, services, infrastructure and tools driving the success of today's high-tech industry. For more information, visit www.siia.net/SSD.
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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