ITGumbo: spicing IT up

Last week, Globes reported that Activity and Decision Management solution provider, ActionBase Corp. raised $1.7 million from venture capital firms Giza and Vertex as part of its $6.5 million third financing round.

According to the ActionBase website, ActionBase is an Enterprise Action Items Management Solution

"for managing meeting minutes, decisions and action items. It is designed to manage day-to-day action items and meeting minutes and fills the gap between sophisticated project management tools and conventional Microsoft Office applications."

The solution

"provides an easy to use email based system designed for tracking decision execution through its entire lifecycle - including all the relevant documents, meetings, action items, decisions and emails, thereby alleviating the problem of information overload."

The management and tracking system process also minimizes the involvement with the IT department. ActionBase is currently being used by over 150 large enterprises in Israel and abroad, including Coca-Cola, Texas Instruments and Tnuva.

IT professionals looking for management software that goes with MicroSoft Office and has a proven track-record with major enterprises should consider using ActionBase's solutions. It should also be interesting to see how ActionBase will innovate its products using its new funds.


Company Facts

Founded in 1999.

Based in Bnei-Brak, Israel.

Since 2004, ActionBase has been part of the AdvanTech Group.

Sam Somech, Chairman of the Board.

Eyal Maor, CEO.

Website: www.actionbase.com


About the author: Lisa Damast is the Membership Manager of ebizQ.net and currently resides in Israel. Any questions or inquiries regarding this blog or ebizQ membership services can be directed to her via email at ldamast (at) ebizq (dot) net.