New pet insurance player secures shot of funding

Mayfield Village, Ohio

-- Embrace Pet Insurance landed its first institutional investment round of $2.1 million.

Funded by NCT ventures, the financing will support Embrace's goal of profitable market leadership through product development and expansion of the company's sales and marketing activities.

Embrace Pet Insurance is an e-commerce insurance company that markets, quotes and sells customizable policies online. For more information go to www.embracepetinsurance.com.