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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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Winner of Global Award
Avangate Winner Of 2013 Red Herring Top 100 Global
Company Recognized for Innovation and Leading Technology in the Commerce Industry
Redwood Shores, CA - December 3, 2013 - Avangate, the leading Customer Centric Commerce solution provider trusted by thousands of Software and Cloud Services companies to grow their business worldwide, today announced that it has been selected as one of "Red Herring 100 Global Winners" of 2013. The award recognizes the leading private companies from North America, Europe and Asia today, and celebrates innovation and technology advancements across industries.
For Avangate, this global recognition follows the Red Herring European Top 100 Award in 2012 and demonstrates the company's growing market traction and commitment to client success.
"The Cloud is fundamentally changing the way business is getting done across channels, touchpoints and business models," said Carl Theobald, Chief Executive Officer, Avangate. "We are clearly in an exciting place, providing our clients not only with the necessary commerce platform but also with knowledge and support to help them take advantage of this wave of change, focus on their end-customers and accelerate revenue growth worldwide. I am very pleased that Avangate is on the Global Top 100 winners list as this further validates our vision and strategic direction."
The Red Herring editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of companies relative to their peers, allowing Red Herring to see past the "buzz" and make the list a valuable instrument of discovery and advocacy for the most promising new companies around the world.
"After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners and the competition was the strongest it has ever been. We believe Avangate embodies the vision, drive and innovation that define a successful entrepreneurial venture," said Alex Vieux, publisher and CEO of Red Herring.
To view the full list of Red Herring acclaimed companies, visit the Red Herring 100 Global Winners of 2013 list.
To learn more about how Avangate can grow your software and SaaS sales, read an overview of the Avangate commerce solutions.
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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