ClairMail Raises $13.8M

10/4/10

San Rafael, CA-based ClairMail, which makes mobile banking software for banks, credit unions, and card services companies, said today that it has raised $13.8 million in late stage funding. The round was led by Investor Growth Capital, a unit of Stockholm-based Investor AB. Joining the round were existing investors JAFCO Ventures, Norwest Venture Partners and Outlook Ventures. The company said it would use the funds “to grow its technology infrastructure and services capabilities to meet the growing demand for mobile financial services.”

Wade Roush is a contributing editor at Xconomy. Follow @

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