AAA Cardlytics gains $18m reward from investors

Cardlytics gains $18m reward from investors

Cardlytics, an US-based provider of rewards to bank customers, has raised $18m in its second public round of funding.

ITC, an investment conglomerate formed out of a phone operator, joined the round as a new member of the investment syndicate, alongside venture capital firms Kinetic Ventures, Canaan Partners, Polaris Venture Partners and Total Technology Ventures.

The company previously raised $8m in equity and $4m in venture debt, according to news provider PEHub.com.

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