L2C, Inc., an Atlanta, GA-based provider of advanced consumer risk evaluation and identification solutions, closed on its undisclosed Series A financing.
The round was co-led by QED Investors and McGovern Enterprises, Inc.
The capital infusion will enable the company to continue to expand its sales efforts in the financial services marketplace, as well as to continue to develop its innovative products FirstScore™ and Link2Credit™.
L2C’s clients include leading institutions in the financial service, telecommunications, healthcare and collection industries.
Commenting on the round, Mike Mondelli, President and CEO of the company, was reported to say: “We are delighted to bring QED Investors and Mike McGovern on board.
“Their experience and capital will allow us to continue to serve an ever broadening customer base while also supporting strategic investments into new high growth areas”.