Slater happy to bet on Andera

Second investment in Andera reflects textbook startup success

7-year old Providence-based Andera Inc., recently received a $350k second investment from Slater. Counting 118 financial institutions among its customers, and with 29 full-time employees, Andera is growing roughly at a rate of 50% annually.

Slater's $350K is their biggest single investment in a venture and reflects their belief in Andera's potential to scale up to a goal of 1,000 customers in the next 3 to 4 years.

Full Story: Slater happy to bet on Andera Source: Providence Business News, May 28th, 2007

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