Sococo is the online workplace where distributed teams come to work each day, side-by-side, no matter where team members might be. For more information, please visit About Sococo We purchase SaaS companies and enable a unique transition process that empowers founders and their teams to then launch their next startup. As a completely new kind of fund backed by proven experience in successful company acquisitions, we believe entrepreneurs should think of their careers as a portfolio and sell their companies earlier to move on to their next high-growth venture. Think3 is a $1 billion private equity fund designed to enable SaaS founders to take more shots on goal. Sococo and Think3 are committed to helping current and future customers boost employee engagement, satisfaction and productivity to deliver increased and measurable business results. "Think3 looks forward to investing in and accelerating the growth of Sococo's virtual workplace platform so that every distributed team and organization can benefit from coming to work in Sococo." "Sococo's unique ability to recreate presence, enable distributed teams to work side-by-side and maintain the benefits of co-location is a transformative value proposition that strengthens Think3's portfolio of innovative businesses," said Andy Tryba, founder and CEO of Think3.
#THINK3 PRIVATE EQUITY SOFTWARE#
Sococo will also become a key component of the Think3 PRIME program giving customers the opportunity to utilize software across the portfolio at no additional charge.Īndy Tryba, Think3 founder, with more than 20 years of experience managing global companies for growth and profitability, is the new CEO of Sococo. This program is a proven approach for building strong customer partnerships and aligning product development with customer priorities. Sococo customers will now be enrolled in the ESW/Think3 Customer Success program. "Sococo is excited about the potential for our innovative technology and extensive intellectual property to propel the Sococo vision and community forward as a part of Think3," said Marc Kirshbaum, former chairman and CEO of Sococo.ĮSW and Think3 have a strong history of strengthening and growing companies - developed from acquiring 75 companies over the last 15 years.