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MX Lands $4 Million from CheckFree Founder Pete Kight


Just days away from its presentation at the FinDEVr developer conference next week, MX received a $4 million investment from CheckFree founder, Pete Kight.PeteKightIMG

Following this investment, Kight (pictured right) will join MX’s board of directors and will serve as an adviser to the company’s CEO, Ryan Caldwell.

Today’s investment brings the Utah-based company’s total raised to $54 million. In April of this year, USAA led MX’s most recent round, totaling $30 million. Prior to that, in November of 2014, it pulled in $20 million in seed funding.

MX, formerly known as MoneyDesktop, offers data aggregation, data cleansing, auto-categorization, classification, money management, custom APIs, data analytics, and marketing to help more than 550 financial institutions serve up a better user experience.

MX is one of 64 companies that will present its latest tools and APIs to a crowd of developers at FinDEVr in San Francisco next week. Brandon Dewitt, CTO of MX, will lead a presentation titled, How You Build Something Is More Important Than What You’re Building. Tickets for FinDEVr are available through early next week.

The company, founded in 2010, last demoed at FinovateFall 2014 in New York. Check out the video below.