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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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Montclare SaaS 250 Report
Avangate Named To Montclare SaaS 250 Most Influential SaaS Companies In the World
Avangate Ranked #1 among Commerce Providers Focused Exclusively on Digital Goods and Online Services
Redwood City, CA - January 29, 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 that it has been recognized by Montclare as one of the most influential SaaS companies in the world and listed in the Montclare SaaS 250 report.
Avangate is ranked #1 among full service commerce providers focused exclusively on digital goods. This is Avangate's first appearance on the list of 250 SaaS companies that includes Salesforce, LinkedIn, Dropbox, Workday and Google.
Firms listed on the Montclare SaaS 250 are high-performing technology companies selected out of a total of over 1,000 global SaaS providers. As a new member in the report, Avangate's inclusion reflects the company's accelerated growth and momentum in the digital commerce space. Its customer base of 3,800+ includes industry pillars like HP and FICO, also named in the SaaS 250 report.
Built on a modern SaaS platform, Avangate's solution combines eCommerce, subscription billing, distribution, global payments and merchant & marketing services, enabling clients to grow their revenues fast, maximize the value of every customer and expand market reach into 180+ countries. Avangate's agile platform also has the ability to support all revenue models - perpetual, trial/ freemium, subscriptions, usage/ metered - making it the best choice for any digital goods company, whether software, pure SaaS, hybrid, or online services.
"We're proud to be included in the Montclare SaaS 250," said Avangate CEO Carl Theobald. "The caliber of the companies on the list is top notch. Our accomplishments, innovative solution and strong growth all contributed to Avangate's inclusion on this list and ultimately reflect the substantial impact on revenue and go-to-market agility for our customers."
"We are pleased to have included Avangate to the Montclare SaaS 250," said Kevin Dobbs, CEO at Montclare. "Avangate's growth in their SaaS business over the past few years has been truly impressive."
To learn more about the Montclare SaaS 250 analysis, now in its 3rd edition, read the full report at montclare.com/saas-250.
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 Montclare SaaS 250
Montclare is a leading provider of strategic SaaS (Software-as-a-Service) consulting and research. The company develops the Montclare SaaS 250, the industry's leading report on the most influential SaaS companies in the world. Montclare provides research and guidance designed to assist companies transitioning to the SaaS business model, as well as directing existing SaaS companies on optimizing business models, controlling costs, improving revenues and delivering world-class software. Regularly trusted by the world's largest technology companies, Montclare ensures results, improving growth, innovation and profitability.
For more information, visit montclare.com
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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