ClairMail provides a mobile banking and payments platform that powers SMS, the mobile web and client applications for financial institutions. The platform processes millions of transactions per month for its customers across retail banks, credit unions and card service companies. ClairMail counts eight of the top 12 North American banks as customers. The company reported a 300% year-over-year increase in revenue for the quarter ending June 2010. ClairMail has raised nearly $35 million in total funding to date. The new financing will be used to hire additional engineers and grow its technology infrastructure.

Total raised

$14M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2010