Vebnet Snapshot
Vebnet helps companies make sure their employee benefits plans run without a hitch. The company's FIX&FLEX Internet-based employee benefits software facilitates communications, administration, and management of benefits plans, supporting both fixed and voluntary programs. Customers include BT, ConocoPhillips, HarperCollins, Schneider Electric, and Wanadoo. Venture capital firm Cross Atlantic Capital Partners was a major investor in the company, which also received funding from Liontrust Asset Management and Hargreave Hale. Vebnet was acquired by insurance and investment giant Standard Life in 2008.