Press Releases
ThinkEquity LLC acts as Sole Placement Agent on Private Financing for Echopass Corporation
SAN FRANCISCO, September 2, 2010 — A Panmure Gordon Company, a leading investment banking boutique focused on growth companies and their investors, is pleased to announce the closing of a private financing transaction for Echopass Corporation. ThinkEquity acted as the Sole Placement Agent for Echopass in this transaction. Columbia Partners Private Capital, along with existing investors, NEA and Canaan Partners, provided the financing, which will be used to support Echopass's expanding, profitable and rapidly growing operations.
Echopass Corporation is the leading provider of cloud-based contact center services to the enterprise market, delivered through its unique EchoSystem™ Service Integration Platform. Echopass delivers on-demand, always-on, guaranteed, and end-to-end solutions that are both affordable and fully integrated with clients' existing customer contact applications and voice or data technologies. By utilizing a SaaS delivery model, Echopass allows its clients to focus on their core business initiatives and the enhancement of customer service instead of focusing on the management and deployment of technology. The Company's solutions support the entire range of inbound and outbound contact center services, including voice, chat, email, fax and other data-based services.
Privately-held Echopass, backed by venture capital firms Canaan Partners and New Enterprise Associates, is a recipient of numerous industry awards for innovation and customer service, including the Red Herring Top 100 Companies award and the North American Hosted Contact Center Customer Service Leadership Award from Frost & Sullivan. The Company is headquartered in Pleasanton, CA.
ThinkEquity Contact:
Janet Faleski
Managing Director
T: 212.468.7083
E: jfaleski@thinkequity.com
Media enquiries:
Nathaniel Webb
Group Communications and Investor Relations Director
T: +44 20 7614 8333
E: nathaniel.webb@panmure.com
About ThinkEquity LLC — A Panmure Gordon Company
Focused on the growth sectors of the economy, ThinkEquity provides research, equity financing, M&A advisory, institutional sales and trading, wealth management and asset management services to institutional investors, corporate and private clients, venture capitalists, entrepreneurs and financial sponsors. As a Panmure Gordon company, ThinkEquity accesses the combined financial expertise of professionals based in San Francisco, New York, Boston, Chicago, London, Liverpool and Geneva. Research-driven, we remain true to our founding principles: the power of growth, focus, deep domain expertise and people. www.thinkequity.com
About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co. (PMR.L) is a leading independent institutional stockbroker and investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 240 professionals across the US, the UK, Singapore and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com