iLife Technologies, a Palo Alto-based provider of an innovative “Operating System” (OS) for insurance carriers and agencies, has recently raised $17M in Series A funding. This is the first major venture capital round for iLife since it was founded four years ago.
The OS developed by iLife allows insurers to quickly develop new products and services while also providing agents with the tools they need to provide better customer service. The platform provides users with access to real-time data from multiple sources, enabling them to make informed decisions faster than ever before. Additionally, its user interface is designed specifically for ease of use so that agents can focus on their customers rather than struggling with complex software solutions.
This investment will enable iLife Technologies to continue developing its product offering as well as expand into new markets across North America and Europe over the coming year or two. With this additional capital injection, they are now well positioned to become one of the leading players in this rapidly growing industry segment which promises great potential rewards down the line for both investors and customers alike!
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