United States: THEDEAL.COM – "Software Maker Five9 Raises $5M."
Last Updated: May 5 2004

Ben Quinones, corporate partner in Pillsbury Winthrop’s Silicon Valley office, represents investors in Five9 Inc.’s first round of institutional financing. Five9 provides software that allows companies to automate call center functions on a subscription basis. Five9 so far has done without external funding, turning an initial seed investment of $150,000 into a business that did more than half a million dollars in revenue in 2002.

The three-year-old company takes advantage of two key technology trends— fully automated call centers and voice-over-Internet-protocol (VoIP) service – and creates cost savings by reducing call transmission costs.

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