Providence, RI-based Andera, a provider of Internet software for banks and other financial groups to offer online account opening and funding to customers, has closed a $9 million financing led by Lawrenceville, VA-based Edison Venture Fund, according to the company. Andera, which now serves more than 425 financial institutions, said it plans to use the funding to expand its sales, marketing, and product development. Charlie Kroll, Andera’s CEO, co-founded the company in 2000 while he was still a student at Brown University.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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