MomentFeed, which provides mobile customer experience management solutions for multi-location brands, has raised $16.3 million in a new funding round led by Level Equity. The investment will be used to add new products, features and services and bolster operations. Additionally, MomentFeed will be able to add additional sales executives to focus on new clients and grow its network of advertising, marketing, SEO and social media agency partners. "This funding is an affirmation of our business strategy and allows us to continue on the path of powering our clients' success," said MomentFeed CEO Robert Blatt in a statement. "With 80% of mobile consumer interaction with multi-location businesses now happening through the digital representations of their stores, there are many more powerful capabilities that we can now add to our platform to help our clients succeed."