Wednesday, May 29, 2013

Five9 Scores $34.5M For Cloud Contact Center Software

San Ramon-based Five9, a developer of cloud-based, contact center software, reported that it has raised $34.5M in new funding. The funding included both $22M in Series D equity, as well as $12.5M in revolving debt. According to Five9, the new equity was led by SAP Ventures, and also included Adam Street Partners, Hummer Winblad Venture Partners and Partech International. The revolving debt came from City National Bank. Five9 develops cloud-based software used by contact centers manage their operations, and is led by Mike Burkland. More information »