Union Square Advisors Serves as Exclusive Financial Advisor to SpringCM in its $25 Million Private Capital Raise

Demonstrates Union Square Advisors’ continued strength in providing insight and quality strategic advisory services to leading technology companies across a variety of transaction types

On February 9, 2017, SpringCM, a leading cloud-based document and sales contract management software provider, announced that it has completed a $25 million Series E round of financing from Crestline Investors, Inc. SpringCM will leverage the strategic investment to continue development of new applications for document and contract management, as well as onboarding new positions in engineering, sales and other functional areas.

Founded in 2005, SpringCM has experienced significant growth, increasing revenue at more than 50% annually. In 2016, the company added more than 175 new customers, signing a total of 51 customers in the last quarter alone. SpringCM’s newest clients include prominent names like Uber, Spotify, Valvoline®, Qlik and IKEA. Part of SpringCM’s growth plan is expanding into the federal government with a pending Federal Risk and Authorization Management Program (FedRAMP) certification. SpringCM is a Platinum Partner and one of the top 15 partner apps for Salesforce.

About SpringCM

SpringCM is a secure cloud platform that optimizes the generation, workflow, and archiving of mission-critical business documents across an organization. SpringCM manages contracts and all
types of documents seamlessly across desktop, mobile and partner applications like Salesforce. Its suite of workflow automation tools eliminate manual and repetitive tasks and includes: document management, which increases productivity by streamlining and automating the document management process; sales contract lifecycle management (CLM), which accelerates revenue and productivity by streamlining the contract management process; and sales content management, which manages all documents associated with the sales cycle from a central repository, providing a holistic view of customer relationships and enabling users to respond quickly and accurate to stakeholder needs. Every day, more than 600 companies use SpringCM to improve the customer experience and get more done, faster. For more information, please visit www.springcm.com.

About Crestline

Investors Crestline Investors, Inc., founded in 1997 and based in Fort Worth, Texas, is a credit focused institutional alternative investment management firm. Crestline specializes in credit and opportunistic investments. In addition, the firm manages a multi-PM equity market-neutral hedge fund, and provides Beta and Hedging Solutions for Institutional clients. Headquartered in Fort Worth, Texas, the company maintains affiliate offices in New York City, Chicago, London, Toronto and Tokyo. For more information, please visit www.crestlineinvestors.com.

About Union Square Advisors

Union Square Advisors is a leading technology-focused investment bank that offers strategic mergers & acquisitions advice and execution as well as agented private capital financing services. Founded in 2007, with offices in San Francisco and New York, Union Square Advisors works with leading public and private technology companies, private equity and venture capital firms across the technology landscape with a primary focus on Software, Software-Enabled Services, IT Infrastructure and Internet/Digital Media/Marketing Technology. Since inception, Union Square Advisors has advised on over 80 transactions, valued in excess of $90 billion. For more information, please visit www.usadvisors.com.