e-Glue sticks around for round two

e-Glue Business Technologies Inc. representatives today announced that US $10 million has been raised in its second financing round. Evergreen Venture Partners kicked in US $5 million investment while making up the other half were extant shareholders Cedar Fund and Giza Venture Capital, private investors Shimon Alon and Ron Zuckerman, and Kibbutzim Ein Shemer and Maagan Michael.

e-Glue had raised US $7 million since 2001. e-Glue Business Technologies specializes in real-time adaptive solutions for customer interaction for sales, service, or service-to-sales orientated call centers. The company develops and markets a software package for customer service call centers, and proceeds from the financing round will further development of new applications for customer service centers and marketing. e-Glue was founded in 2001 by Ein Shemer with young programmers from the kibbutz, including CEO Omer Geva and business development vice president Moshe Avlagon.