Prologic Corp., a provider of client/server core processing software to financial institutions, has received $14 million in equity financing.

The company will use the funds to support growth and international expansion, including into the U.S. market.

Prologic received private equity financing from several existing and new institutional investors, including BancBoston Investments, Business Development Bank of Canada, and Bank of Montreal's Ventures West.

Prologic, which has its U.S. operations headquartered in Maitland, Fla., provides software to Compubank in Houston and Northfield Savings Bank in Northfield, Vt.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.