(Press Release) – April 4, 2014 — Cloud-based contact center provider Five9 raised $70 million in its IPO on the NASDAQ (under the symbol FIVN) with a starting per share price of $7.95, which reports indicate values the company at about $322 million.
Five9 Inc., a San Ramon, Calif.- based provider of cloud contact center software, is the largest, pure cloud contact center software provider, facilitating more than three billion customer interactions annually. The company has positioned itself as an alternative to what it calls legacy providers in this space, assisting organizations in transitioning from premise-based software to the cloud.
Shareholders include Hummer Winblad Venture Partners (23.2% pre-IPO stake), Adams Street Partners (19.8%), Partech International (17.4%), Mosaic Venture Partners (17.4%) and SAP Ventures.
Calibre One has worked with Five9 on multiple searches to place executives onto their C-suite and VP level management teams.