Micronotes Adds $2 Million Extension to its Series C Round – Finovate

• Micronotes announced a $2 million extension to its $5.5 million Series C funding round.
• Today’s funds come from BankTech Ventures.
• The extension brings Micronotes’ total funding to $23.3 million.

In an industry focused on the customer, engagement solutions providers are poised for growth. Perhaps that’s why digital engagement solutions provider Micronotes received a $2 million extension to its Series C round today.

Today’s funds come from BankTech Ventures and add to Micronotes’ $5.5 million investment led by Experian Ventures with participation from existing investors. Closing the Series C round brings The Massachusetts-based company’s total funding to $23.3 million.

“We’re thrilled to partner with BankTech Ventures,” said Micronotes Founder and CEO Devon Kinkead. “This strategic investment will help us accelerate our growth in the community banking sector and help more communities get a lot more out of their banking relationships.”

Micronotes was founded in 2008 and is privately held. The company leverages AI, big data, and machine learning technologies to help financial institutions use their data to better engage their customers, foster involvement, and ultimately build new revenue.

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• Source: https://finovate.com/micronotes-adds-2-million-extension-to-its-series-c-round/