When New York-based e-consulting firm TIS Worldwide said this week it had gotten a multimillion-dollar shot in the arm, we took notice.
While press releases from e-business solution providers, ISVs and other new economy companies trumpeting their latest equity influx used to come fast and furious into our inboxes, the chilly winds blowing up Wall Street pretty much silenced that kind of public relations horn-blowing.
Nonetheless, TIS says it received $23 million in capital from Silverline Technologies, Westbury Equity Partners and several other funding outfits.
TIS executives say the investment will go toward the development of more FLITE-branded e-business development and testing centers, branding campaigns and other projects.
TIS is one of Sun's latest iForce partners. Get more details here.
Good morning! It's Wednesday, Nov. 22, and this is Amy Rogers with CRN's E-Business Breakfast.
ClaimPlace tapped EForce to help build a B2B marketplace for insurance claims.
Executives for ClaimPlace, Wilmington, Mass., say they envision an exchange in which insurance carriers will have access to assorted online tools and services that will help them execute internal and external claims transactions more efficiently. Carriers will subscribe to the service ASP-style.
ClaimPlace's first customer, The Hartford Financial Services Group, is expected to begin using the system in the next quarter.
EForce, Hayward, Calif., is an e-business solution provider with B2C and mobile practices. Read about how BakBone Software used eForce for help with a CRM application based on E.piphany's products.
Chicago Consulting Partners joined OrderTrust's e-commerce Success Program (ESP).
The program, aimed at systems integrators, helps OrderTrust's partners build e-commerce applications for clients based on its Orders of Magnitude product.
Chicago Consulting Partners has a supplier-enablement practice, helping e-suppliers get up and running online in about a month's time. CCP, which also specializes in Ariba implementations, will work to integrate Orders of Magnitude into customers' existing ERP applications.
Get the details of San Diego-based OrderFusion's business model here.
Finally, Garmentrade, iEscrow and Webango are a few of the B2B marketplaces scheduled to present at Ground Zero 4, a B2B marketplace show to be held in Los Angeles Dec. 4-7.
Venture capitalists from Kleiner, Perkins, Net Market Partners, Sprout Group and others selected about 40 B2B companies to give a 20-minute pitch to potential partners, customers and investors.
Get more info about the show here.
That's your E-Business Breakfast for Wednesday. Have a happy Thanksgiving. The E-Business Breakfast will return on Monday, Nov. 27. Send stuffing recipes and news items my way at arogers@cmp.com.
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