Tag: Funding and Investment

Software NEWS: -- Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced the closing of a $50-million Series C funding round led by private-equity firm Riverwood Capital (Riverwood) with ongoing participation from Upfront Ventures.

Film NEWS: -- Patrick Carberry, founder Joshuacord, Inc., has teamed up with In Altum Productions, film director Jordan Allott, and Paul Jallo, president, Jallo Oil Distributors, to produce a much-needed documentary that addresses the plight of Christian persecution in the Middle East and Africa. Joshuacord is a non-profit 501(c)(3) organization developed to help people persecuted for their Christian faith.

Software NEWS: -- Cybersecurity startup CounterFlow AI, Inc. announced last week that it has raised $2.7 million in seed funding from Osage University Partners, the Charlottesville Angel Network, and a number of individual investors who also supported the founders' previous venture, nPulse Technologies (acquired by FireEye in 2014).

Software NEWS: -- Maxwell Financial Labs, Inc., a leading provider of B2B digital mortgage cloud software, announced today a new funding round of $3 million, led by the investment arm of Anthemis Group, a company committed to cultivating change in financial services, with participation from Route66 Ventures and Assurant Inc., along with its existing investors.

Software NEWS: -- Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner's insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round. Investors participating in the round include Mr. Cooper, one of the nation's top 20 mortgage originators and the fourth-largest home loan servicer in the country

Software NEWS: -- Lender Price, the emerging leader in digital mortgage lending technology, announced today that it has named veteran mortgage industry executive Jerry Halbrook as its CEO and has opened a fresh round of equity funding to fuel its growth trajectory.