SAN FRANCISCO, September 2, 2010 —ThinkEquity LLC – 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. 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.