Private equity firm Sverica Capital Management has made a strategic investment into Gryphon Networks, a sales performance management and compliance software company.
The investment will be used to support the development of new sales performance management functionality and expand its team.
Gryphon offers a software integration which automatically screens, collects and analyses phone-based sales activity data from any device. Its services are used to increase revenue, improve management and lower compliance risk.
Compliance teams can leverage Gryphon to ensure requirements of regulations including TCPA, TSR and others are maintained.
Sverica managing partner Jordan Richards said, “Gryphon’s SaaS solutions are well positioned in the fast-growing sales performance management and compliance markets. We have been impressed with the results they have driven for their customers and are looking forward to partnering with management, building on their success and creating a company that has the potential to lead the category.”
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