CBANC Finds $4M

Austin-based CBANC, which operates an online professional network aimed at bank and credit union professionals, said today that it has raised $4M in a Series B funding round. The funding came from Texas Independent Bancshares, Inc., Mike Maples and Adams Street Partners, along with its founder. The company said the new funding will go to expand its membership, for strategic hires, and launch of new offerings. CBANC is led by Bryan Koontz. More information »