Wednesday, May 18, 2011

ProspX Signs Customer In Canada

Austin-based ProspX, the developer of software-as-a-service for managing commercial insurance sales, reported today that it has signed a new customer in Canada. The firm said that Excel Insurance and Risk Management, Inc. is now using its platform. Financial impact of the new customer win was not announced. ProspX is headed by Todd Young, and is venture backed by Adams Capital Management, and HPI Real Estate Services Investments. The firm recently inked a $8M Series B funding in February.