Software co eGlue wins US insurance co deals

The company's product improves the efficiency of communications via all channels.

In the past two months, eGlue Business Technologies Ltd. has signed two large contracts, each worth several million dollars. Nationwide Financial Services Inc.(NYSE: NFS), a US leading insurance and financial services firm, which has 16 million policies in force, is one customer; eGlue did not disclose the name of the other.

eGlue was founded in 2001 and has raised $30 million to date from Cedar Fund, Giza Venture Capital, Evergreen Venture Partners, Kibbutz Ein Shemer, Kibbutz Maagan Michael, as well as private investors.

The company has developed the InterAct real-time CIM suite, which enables service provides to improve the efficiency of communications via all channels - telephone, sales points, and online.

Published by Globes [online], Israel business news - www.globes-online.com - on November 6, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018