Agillion is the latest software company to succumb to a tough funding environment, with speculation mounting that the company is to lay off all but a handful of employees and put itself up for sale.
Agillion markets CustomerPages, a Web-based customer management product that allows companies to communicate with their customers using personalised Web pages for each client. The vendor opened an Australian office late last year and campaigned to attract local systems integrator partners to resell the product. This Australian division has all but disappeared after recently vacating its North Sydney office.
Agillion was founded by Steve Papermaster with former Tivoli Systems CEO Frank Moss in 1998, receiving $US40 million in funding in 1999.