Betbrokers is a retail and industry broker and clearing house for the sports betting sector. The brokerage operations are handled over the telephone and other services include settlement, risk management and the sale of data. The second version of the company's software, BrokerBet, has been fully implemented. Betbrokers raised £2.5m at 15p a share in November 2006. At the end of 2007 there were more than 300 active bookmaker accounts and 1,345 retail customers.