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Austin-based software maker ProspX Inc. has raised $8.2 million in a planned round of $9.2 million financing. ProspX was founded in 2005 and develops software for brokers, commercial insurance agents and carriers. The company employs 59 workers and operates out of Austin, Chicago and the Ukraine.
This round of funding follows a previous investment of $1.5 million in April 2011, as well as another investment of $8 million Series B funding in 2011.
ProspX has not stated how it intends to use the financing, but the company announced on Wednesday that it would be hiring Steve Gold of American International Group as their new CEO.
Read more about ProspX here.
