San Ramon, Calif. -- Five9, a San Ramon-based developer of cloud-based contact center software, said on Thursday it has raised $12 million in a new round of funding, led by Adams Street Partners. Hummer Winblad Venture Capital and Partech International also participated in the round, which increased the company's total backing to more than $49 million. "The additional funding positions us well to take full advantage of our momentum, and gives us an opportunity to expand our current leadership position," said CEO Mike Burkland. Five9's software processes more than two billion customer calls a year for over 1,500 customers.
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http://www.five9.com/call-center-news/press-releases/pr-five9-raises-an-additional-12m-in-funding.htm