LivePerson Closes on Another $1.6 Million in Financing - InternetNews.

Funding Rounds

▤ Summary

New York City-based LivePerson, a provider of outsourced real-time sales and customer service chat solutions for e-commerce sites, said it has received an additional $1.6 million in financing, bringing the companys total financing to date to $4.6 million. The financing came from Allen & Company Inc.; Sculley Brothers (led by John Sculley, former CEO of Apple Computers); and Alan Braverman, senior managing director of NationsBanc Montgomery Securities. The initial investment of $3 million in the company was led by Dawntreader, and included FGII, Sterling Payot and Silicon Alley Venture Partners. Clients, now totaling 50, include CBS SportLines IGoGolf.com, sixdegrees, FragranceCounter, NationsBanks Carfinance.com, Find SVP, 9Net Avenue and 1800DayTrade.com. Separately, the company said it has added four new executives (including new COO Kirk Shelton, former president and chief operating officer for CUC International and vice-chairman of its subsequent parent company, Cendant Corp.) and established a new headquarters in New York City.

$ Funding

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Amount $3.0M Total raised
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Date June 3, 1999 Announcement date
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Investors Dawntreader Ventures, LivePerson Lead investors
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Company http://www.liveperson.com Funded company

▥ Classifications

industries
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applications
Anti Piracy

◇ AskAI Classifications

Labels
Conversational AI Customer Engagement Software CCaaS

▦ Linked Companies

LivePerson
$250M to $500M