ConfirmNet Corp., a San Diego-based e-service business-to-business application service provider, has closed the first round of venture capital funding totaling $7 million from marquee investors in the technology and insurance sectors.
The investment is led by The Acorn Technology Fund, a domestic venture capital fund investing in e-buseinss companies. The new investment of equity capital will expand the marketing, sales and ongoing product enhancement of CertificatesNow.com, as well as build infrastructure and develop additional “Now” technology products.
Was this article valuable?
Here are more articles you may enjoy.
Fla. Commissioner Offers Major Changes to Citizens’ Commercial Clearinghouse Plan 
AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers 
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers 
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 
