This funding round follows a $5.5 million round the company raised last March. Robert said the company added 12 employees in 2017 and now employs 17. arm that owns the Madison Building and numerous other buildings downtown. Robert said current customers are primarily community banks and credit unions. He said Autobooks will use some of its funding to target larger banks. "We want to go up market. Primarily our customers now are community banks and credit unions," he said. "Integration costs are much higher at top 25 financial institutions. It requires customizing our software and evolving the product to expand into things like payroll and lending."

http://www.crainsdetroit.com/article/20180207/news/652386/autobooks-raises-10-million-funding-round