Final Enba group firm calls creditors’ meeting

An Irish technology firm that was valued at €175million during the dotcom boom has called a creditors’ meeting amid mounting losses.

17th July, 2010

An Irish technology firm that was valued at €175million during the dotcom boom has called a creditors’ meeting amid mounting losses.

Xelector was set up in 1999 as part of the Enba internet group, and developed a comparison website for financial services and utilities products. The firm has raised about €30 million in funding, including a €23.5 million investment from a group of international backers in 2000, at the peak of the dotcom boom.

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