13D Filing: Discovery Group I, Llc and Liveperson Inc (NASDAQ:LPSN)

Item 3 of the Schedule 13D is hereby amended
to read in its entirety as follows:

The total purchase price for the 3,656,394
shares of Common Stock beneficially owned by the Reporting Persons as of March 20, 2017 was approximately $27,437,302. The source
of such funds was the assets of Discovery Equity Partners, including proceeds of margin loans under margin loan facilities maintained
in the ordinary course of business by Discovery Equity Partners with a broker on customary terms and conditions. Discovery Equity
Partners is the legal owner of all of the Common Stock beneficially owned by Discovery Group.

Item 5 of the Schedule 13D is hereby amended
to read in its entirety as follows:

The information concerning percentages
of ownership set forth below is based on 58,299,557 shares of Common Stock outstanding
as of February 28, 2017 in the Company’s Annual Report on Form 10-K for the
year ended December 31, 2016.

Discovery Equity Partners beneficially
owns 3,656,394 shares of Common Stock as of March
20, 2017, which represents 6.3% of the outstanding Common Stock.

Discovery Group beneficially owns
3,656,394 shares of Common Stock as of March
20, 2017, which represents 6.3% of the outstanding Common Stock.