Messagepoint secures investment from NewSpring Capital
Messagepoint, a Toronto-based customer communications management company, has secured an investment from U.S. private equity firm NewSpring Capital. No financial terms were disclosed. Led by CEO Steve Biancaniello, who co-founded the company in 1998, Messagepoint provides software and services to help customers in financial services, insurance, healthcare and other regulated industries to strengthen their customer communications. The investment's proceeds will be used to expand research and development and enhance sales and marketing initiatives. Two years ago, Messagepoint, formerly known as Prinova, raised $17 million from U.S. growth equity firm Volition Capital.
6 November 2018•3 mins read
