Andera Secures $9,000,000 New Financing Round

  • Feed Type
  • Date
    9/28/2010
  • Company Name
    Andera
  • Mailing Address
    204 Westminster Street Providence, RI 02903
  • Company Description
    Andera is the #1 provider of online account opening and funding solutions in the U.S., serving more financial institution clients than any other vendor.
  • Website
    http://www.andera.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $9,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The investment will be used to grow sales, marketing, and product development for the rapidly-expanding financial technology business whose customer base now includes over 425 institutions ranging from community credit unions to top-ten banks.
  • M&A Terms
  • Venture Investor
    Edison Venture Fund

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