Netkey gets $3 million in a Series C funding round

Branford, CT-based Netkey Inc., provider of software for self-service kiosks and digital merchandising displays, has received $3 million in Series C funding. The company says it will use the funding for product development to extend its platform and grow its sales and marketing operations.

“Netkey is recognized as a market leader for providing the only software platform businesses need to manage and monitor their unattended self-service and digital merchandising systems,” said Conor Mullett, general partner, Updata Venture Partners. “Netkey is well-positioned to capitalize on strong customer demand and tremendous market momentum.”

All current Netkey investors—Updata Venture Partners, Hudson Ventures, Zero Stage Capital, Fleet Development Ventures, Connecticut Innovations Inc., C&T Access Ventures, Harbor Payments Inc. and Fourth Wall Ventures—participated in the round.