Stubbs Alderton & Markiles Assists Client Malauzai Software in its $6.5 Million Series C Funding to Expand Mobile Banking SmartApps

Malauzai Software

Stubbs Alderton & Markiles has announced that it assisted client Malauzai Software, a provider of mobile banking SmartApps for community financial institutions, in its $6.48 million Round C investment led by Wellington Management Company, LLP.  In previous rounds, Malauzai has raised approximately $5.3M.

SAM attorneys John McIlvery and Gaurav Krishan represented Malauzai in this transaction.

About Malauzai Software

Malauzai was incorporated in 2010 in response to the growing demand for a technology company that could provide innovative mobile solutions for community financial organizations. As a cool company in a cool town with a focus primarily on community financial institutions, Malauzai looks to provide mobile solutions that will enhance the customer experience ultimately resulting in increased value for financial institutions.

To view the full press release, click here.

For more information about our Venture Capital & Emerging Growth practice, contact Scott Alderton at salderton@stubbsalderton.com or (818) 444-4501.

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