A $10 million round will get D3 Banking another step closer to providing full online platforms for multiple mid-sized banks.
The Omaha financial tech company, established in 2011, has two beta customers, but CEO Mark Vipond said the $7 million investment from Virginia’s Route 66 Ventures and $3 million in follow-on funding from previous investors will give his company a chance to hire and grow to more banks.
The full terms of the deal were not disclosed, but the investments brings D3 Banking’s funding to a total of $16.1 million over the past few years.
Already at 35 employees, Vipond said he hopes to hire 20 more in product development, marketing and sales to expand its reach.
D3 Banking
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D3 Banking
http://siliconprairienews.com/2014/11/d ... n-funding/
Re: D3 Banking
Interesting, never heard of either of them.Silicon Prairie News wrote:The company began as LoDo Software in 2011, but changed names to D3 Banking at the beginning of 2014. Vipond said the new name more closely reflects the new business. The company’s history is in data analytics.
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Re: D3 Banking
They were mentioned in the builderTREND article. I guess they are both in Miracle Hills along with a few other tech companies.Brad wrote:Interesting, never heard of either of them.Silicon Prairie News wrote:The company began as LoDo Software in 2011, but changed names to D3 Banking at the beginning of 2014. Vipond said the new name more closely reflects the new business. The company’s history is in data analytics.