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Calabrio Secures $8 Million In Series B Funding

Minneapolis, Minn. - November 28, 2007 - Calabrio, Inc., a provider of workforce optimization and unified desktop software for IP-based contact centers, today announced that it has closed an $8 million Series B round of financing from BlueStream Ventures and Split Rock Partners. The financing coincides with Calabrio's formal spin-off from Spanlink Communications on November 1, 2007. The proceeds will be used for research and development, marketing, and expanding the company’s resources dedicated to supporting channel partnerships.

Calabrio products are distributed through an OEM relationship with Cisco and through direct relationships with certified partners globally.

“Our goal is to provide IP-based contact centers with software that helps them support the goals of the business, such as revenue growth and customer satisfaction, while setting new standards in terms of integrated functions and ease of use,” said Paul Lidsky, president and CEO of Calabrio, Inc. “The financial support from BlueStream Ventures and Split Rock Partners validates the strength of our software and our team. With these funds, we will be able to further bolster and expand our leading suite of integrated contact center applications.”

Travis Winkey, co-founder of BlueStream Ventures, and Michael Gorman, co-founder and managing director of Split Rock Partners, will serve on Calabrio’s board of directors.

“Calabrio software has delivered bottom-line results for both mid-sized and Fortune 500 companies,” said Gorman. “The company’s software is well positioned to respond to the global need for next-generation contact center solutions because it is built from the ground up to leverage the benefits of VoIP. Calabrio also has made great progress in developing new relationships with channel partners who are committed to delivering proven solutions to their clients in the contact center market.”

Winkey noted that this financing positions the business for future success. “Operating as a separate company heightens Calabrio’s visibility and its ability to attract and train more partners,” said Winkey. “Our financial support reflects our confidence in the company's strategy and the size of the market opportunity. We are looking forward to working with Paul and his team as they form new partnerships to increase market share for their products.”


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About Calabrio Software:
Calabrio Software develops and markets customer interaction software, workforce optimization software and business management software. By integrating workforce optimization within the team’s daily workflow, Calabrio helps customers align their contact center business processes with their business objectives.

More Editorial from Calabrio Software
Calabrio Workforce Management Now Compliant with Avaya NES
Calabrio Announces New Compliance Recording Bundle And Other Features
Calabrio Welcomes INX Inc. To Its Resellers Program
Jon Silverman - Chief Technology Officer, Calabrio Software, Calabrio, Inc. - Reviews On 2007/2008
Calabrio Signs CDW Berbee As A Reseller
Calabrio Adds Seasoned CFO To Executive Team

Date Published: Wednesday, November 28, 2007
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