AscendantOne Gains Second Round Funding

January 29, 2001

AscendantOne has received new funding from equity partners US Bancorp Piper Jaffray Ventures and Century Capital Management. The additional funding supports a product launch of the Rate/Quote/Issuance module of AscendantOne’s Front Office Suite.

The new module combines dynamic Internet-equipped rate/quote/issuance functionality with AscendantOne’s line-of-business/state-specific rate development and maintenance services.

AscendantOne also recently relocated to new corporate headquarters in Nashua, NH to accommodate growth and to establish facilities for customer interaction. The move comes in conjunction with staffing expansion in product development and quality assurance, as well as in customer care, sales and business development.

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