ATLANTA, Feb. 09, 2017 -- Avangate, the global eCommerce and subscription billing platform that maximizes revenue for software, SaaS and digital solutions, today announced that Kaspersky Lab improved user experience and increased revenue from local markets following the implementation of Avangate’s solution for marketplaces in several countries from Eastern Europe.
With revenue over $700 million, Kaspersky Lab is the world’s largest privately held vendor of endpoint protection solutions and one of the fastest growing IT security vendors worldwide. As part of Kaspersky Lab’s effort to continually optimize the customer experience, Kaspersky Lab decided to migrate existing stores in several Eastern European countries to Avangate localized marketplaces. As part of this project, Avangate developed and implemented localized marketplaces for the majority of Eastern European markets, including Bulgaria, the Czech Republic and Slovakia, Hungary, Greece, Romania, Serbia and Ukraine.
“With the marketplace project, Avangate helped us improve certain key elements. We have simplified the user journey which resulted in a significant increase in conversion rates and revenue. In fact, in one geography, we increased revenue per visitor by 63%. Internally, we obtained an improvement in resource efficiency. Plus, the projects are easily scalable,” said Kamilo Tomas, Senior Online Sales Manager - Eastern Europe, Kaspersky Lab.
“We are very pleased with the results of these projects, for both the benefits we provided to end-clients, such as simplified user journey or faster page loading, and also to our client, Kaspersky Lab, in terms of increases in conversion rates and revenue. It was also important for our client that the eCommerce team can handle updates independently, without help from developers or any other department,” said Erich Litch, Chief Revenue Officer at Avangate.
For more details on the marketplace project for Kaspersky, please read the full case study.
About Avangate
Avangate, a Francisco Partners portfolio company, is the digital commerce provider that helps Software, SaaS and digital solution providers to sell their products and services via multiple channels, to acquire customers across multiple touch points, to increase customer and revenue retention, to leverage smarter payment options, and to maximize sales conversion rates. Avangate's clients include ABBYY, Absolute, Bitdefender, FICO, HP Software, Kaspersky Lab, Telestream and many more companies across the globe.
More information can be found on www.avangate.com.
Global Media Contact for Avangate Delia Ene, Avangate Email: [email protected] Tel: +31 20 890 8080 ext: 4654


SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Washington Post Publisher Will Lewis Steps Down After Layoffs
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 



