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Avangate Acquires 2Checkout to Expand Payment Flexibility and Broaden Market Reach

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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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Awards & Recognition

Avangate Named Finalist Twice in the 2016 CODiE Awards

Recognized in Two Categories - Best eCommerce Solution and Best Subscription Management Solution

Cofie Finalist 2016REDWOOD CITY, CA - April 27, 2016 - Avangate, the modern digital commerce solution provider trusted by thousands of software, SaaS and online services companies to grow their businesses worldwide, today announced that its Avangate Digital Commerce Solution was named a finalist for the 2016 SIIA CODiE Awards in two categories: Best eCommerce Solution and Best Subscription Management Solution.

The SIIA CODiE Awards, run by the Software & Information Industry Association (SIIA), are the premier awards for the software and information industries, and have been recognizing product excellence for over 30 years. Finalists represent the information industry's best products, technologies, and services in the software, content and business technology categories.

The CODiE Best eCommerce Solution category recognizes the best software solution designed to facilitate the purchase of products and services online. It includes credit card processing systems, personalization tools, shopping carts, order forms, delivery management systems and several other capabilities. The Best Subscription Management Solution recognizes the best solution to help companies manage all aspects of the subscription lifecycle, including onboarding, assisted or unassisted subscription sales, pricing & packaging, billing, invoicing, payments, reporting, and financial management.

Erich Litch as CRO
Erich Litch

"Avangate's all-in-one solution combines eCommerce, subscription billing, distribution, global payments, and merchant and marketing services in a unique way, making it the platform of choice for software and online services companies that need to accept payments globally, scale quickly, and maximize the value of each customer", said Erich Litch, Avangate's Chief Revenue Officer. "Being recognized in both the eCommerce and subscription management categories demonstrates the strength and breadth of our product."

Ken Wasch, President of SIIA
Ken Wasch

"I am amazed by the level of innovation and creativity of the products that have been selected as this year's CODiE Award finalists. We are happy to recognize them for their great contributions and impact they are making on the software, content and business technology industries," said Ken Wasch, President of SIIA.

The SIIA CODiE Awards are the industry's only peer-reviewed awards program. The first round review of all nominees is conducted by software and business technology executives with considerable industry expertise, including members of the industry, analysts, media, bloggers, bankers and investors. The judges are responsible for selecting the CODiE Awards finalists. SIIA members then vote on the finalist products and the scores from both rounds are tabulated to select the winners. Winners will be announced during a virtual award ceremony on May 18, 2016. Details about each finalist are listed at siia.net/codie/Finalists.

Avangate has been named winner and finalist in several previous editions of the CODiE Awards, including Winner of Best Subscription Management Solution and Best eCommerce & Billing Platform in 2015 and Winner of Best eCommerce and Billing Solution in 2013. To learn more about how Avangate can grow your software and SaaS sales, read an overview of the Avangate commerce solutions.

About the SIIA CODiE™ Awards

The SIIA CODiE Awards is the only peer-reviewed program to showcase business and education technology's finest products and services. Since 1986, thousands of products, services and solutions have been recognized for achieving excellence.
For more information, visit siia.net/CODiE.

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

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