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CBANC Banks $4 Million Series B VC

Friday, December 11, 2015 5:30:00 AM PDT | VentureDeal

   Austin, Texas  --  Internet technology company CBANC has landed $4 million in its second round of angel and venture capital funding.

CBANC has created a professional network for credit union and banking professionals.

The service aims to empower them by allowing them to collaborate, share information and improve community banking.

Investors in the round included Adams Street Partners and individual investors.

The company said it would use the funds to accelerate its growth initiatives.

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