Corillian Corp., a developer of Internet banking software, has raised $20 million in funding from BCI Partners and FT Ventures. The funding comes on top of $7 million it received this year from Battery Ventures.

Corillian will use the funds for research and development in the bill payment and presentment area, said Matt Cone, chief marketing officer. It "will allow us to deliver a lot of great products," he said.

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