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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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Len Eschweiler joins Avangate

Avangate Appoints eCommerce Leader Len Eschweiler As Senior Vice President, Worldwide Sales

Experienced Executive Brings 20 Years of Expertise in Building High Performing Sales Organizations

Len
Len Eschweiler
Senior Vice President, Worldwide Sales
Avangate

Redwood City, CA - March 4, 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 appointment of Len Eschweiler as Senior Vice President of Worldwide Sales. Eschweiler brings 20 years of Software as a Service (SaaS) and e-commerce experience to Avangate, with a proven track record leading global sales expansion efforts in North America, Canada, China and Europe.

"Len's deep e-commerce expertise and knowledge of international markets will help to expand our growing customer base and global presence," said Carl Theobald, President and CEO of Avangate. "He is an industry veteran with remarkable success in building high performing sales organizations. I am thrilled to have Len on the team as we continue on our rapid growth trajectory and expand into new markets."

"Avangate has built tremendous momentum in the Digital Commerce market by helping businesses rapidly launch new products and maximize their software and online services revenues," said Len Eschweiler, Senior Vice President, Worldwide Sales of Avangate. "I'm excited to join Avangate to lead our global sales efforts and help take the company to the next level."

Prior to joining Avangate, Eschweiler held multiple leadership roles with Amazon including Amazon Webstore and Amazon Payments where he headed up sales, services, and strategic business development for the North American region. As a seasoned sales executive and entrepreneur, he has sustained success in building global sales teams and managing multi-channel e-commerce initiatives, spanning Online Services, Software, Payments and Digital Marketing.

Previously, Eschweiler was the Senior Vice President of Sales and Client Success at MyBuys, establishing the company as the top Internet Retailer 500 personalization provider for 6 consecutive years. He also drove significant growth resulting in billions of dollars in merchant sales as the Vice President of Sales and Business Development at MarketLive, a leading SaaS and e-commerce provider.

More information on the Avangate team can be found on the dedicated management team page.

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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