Fortress Risk Management has raised USD3.5 million in funding with a group of institutional investors, including Black Dragon Capital and Advantage Capital Connecticut Partners.
The investment will be used to support the company’s growth, accelerate its customer base and assist with the expansion and development of new products and services.
"We have brought together a deep bench of highly regarded industry experts who led the transformation of core in the community financial technology space and understand the desperate need for a company like Fortress,” says David Mitchell, president of Fortress Risk Management. “The old way of doing things is no longer viable. As emerging threats and fraud continue to evolve, Fortress Risk Management acclimates to the changing environment and truly serves the needs of our community banks and credit unions by staying one step ahead and continually innovating our solutions to be dynamic and agile.”
