Jersey City, New Jersey based cloud-based payments and financial messaging provider raised $35m in growth funding led by Wavecrest Growth Partners.
“The $35 million investment will allow us to broaden our lead and accelerate our growth trajectory even further,” Oddiraju told Crunchbase News via email. The funding will focus in three main areas: investing in R&D, building out business operations and extending go-to-market capabilities, he said. “We want to offer greater resiliency, scalability and roadmap richness in our end-to -end payment processing service in the cloud, while also expanding into new geographies, new market segments and into new lines of business,” he added.
https://news.crunchbase.com/news/35m-in-growth-funding-a-first-for-20-year-old-volante-technologies/