RALEIGH – Tech services provider K4Connect, which targets senior living communities, has confirmed its raising of nearly $9 million in new funding and also disclosed the naming of a chief operations officer.
The investment from was co-led by Bryce Catalyst and AVP (AXA Venture Partners) with existing investors, among them Intel Capital, Forté Ventures, Topmark Partners, and the Ziegler-Linkage Fund, participating.
K4Connect has now raised $39 million. Funding is to be used to update its technology offerings and help drive customer growth, the company said.
The new COO is Mike Weller who has been working with the company over the last year.
“Mike’s experience in client success and in creating value in data-rich environments is a natural fit in the evolution of our company as we look to use data to drive operational insights and efficiencies for our customers, while improving the lives of the older adults who we ultimately serve,” said K4Connect Chief Mission Officer and CEO, F. Scott Moody, in the announcement.
