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Avolent

444 De Haro Street #100
San Francisco, CA 94107
USA
(415)-553-6400
Website Company Summary Management Team
Team

Management: Douglas Roberts (President/CEO);  Christopher Kenney (VP & General Manager);  Tanya Johnson (VP Engineering);  David Parker (SVP Sales);  Brian Valente (SVP Corporate Strategy);  Anthony Mejia (VP Marketing);  Abe Danziger (SVP Services);  Michael Radovancevich
Outside board: Liza A Boyd (Bear Stearns)Anthony J Bettencourt (U.S. Venture partners Entrepreneur-in-Residence) Mike Seashols (Avolent Chairman) Habib Kairouz (RHO Capital Partners General Partner)Karl Khoury (Columbia Capital Partner)
Company

Business description: Avolent is the leading application software provider for Interactive Self-Service Electronic Billing and Payment for organizations that are committed to an eBusiness strategy. By implementing Avolent software, organizations can improve customer service and satisfaction, reduce operating costs, increase revenues, accelerate cash flow, and promote compliance. Three of the top five eBusiness companies in the world have standardized on Avolent. Today, 10 eBills are presented every second through Avolent software. Avolent's customers include AT&T, Do It Best, MasterCard, Highmark, Office Depot, Unisys, Wells Fargo, and two of the three largest PC suppliers in the world.
Customers include: Ariba ATandTBAIntuitMasterCardOffice DepotUnisysWells Fargo;  Asia Financial Network;  Blue Cross and Blue Shield of Florida ;  Chrysler;  Connecture ;  Delta Dental;  Do it Best ;  Health Alliance Medical Plans;  Highmark;  International Bill Service;  PacificCare Health Systems ;  Telecom New Zealand;  Xerox Capital Services
Partners include: AccentureActuateAriba ATGBEA SystemsContivoCyberBillsE.piphanyEDSeForceHPIBMIntuitMcCue SystemsMicrosoftOraclePortal SoftwareRemedySalesforce.com Siebel SystemsSun MicrosystemsUnisysVeriSign;  BearingPoing;  Blackwell Construction Services;  Checkfree;  International Decision Systems;  LogicaCMG;  Manugistics;  NuMoon Technology;  QCSI ;  SCT;  Sefas;  Sefas Technologies;  Vanion;  Vengroff, Williams and Associates
Capital

Rounds: 3
Recent fundings: Oct 2006   Aug 2004
Capital raised: 120.0M
Last Round: 9.0M
Ownership: Private  
Corporate investors: IntuitWells Fargo Bank

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Overview
Record updated: Jul 2007
Sector: Software
Year Founded: 1995
Rounds: 3
Recent fundings: Oct 2006   Aug 2004
Capital raised: 120.0M
Last Round: 9.0M
Ownership: Private