Morrison Foerster advised Vector Capital, a leading SF-based investment firm focused on investments in middle market technology businesses, on the first investment from its newly launched direct credit strategy, Vector Velocity. Vector Velocity led the debt financing for IntelePeer in connection with a new growth equity funding that was co-led by Savant Growth LLC and VantagePoint Capital Partners.
Intelepeer is a leading AI-powered communications automation platform provider that helps businesses and contact centers reduce costs, enrich the customer experience, and accelerate ROI. The new financing allows for the continued execution of IntelePeer’s vision to reinvent the contact center and reimagine the customer experience through AI and automation.
The MoFo team advising Vector was led by San Francisco private equity + finance partners Dario Avram and Eric Min, together with New York finance associate Jeff Xu and San Francisco finance associate Daniel Kim, with invaluable assistance from Palo Alto private funds partner Stephanie Thomas, of counsel Aron Estaver, and Washington D.C. tax associate Jaclyn Goldberg.