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VantageILM Raises $1.3M

Pasadena-based VantageILM, a developer of software for managing loans and leases, has scored $1.3M in a venture capital round led by Giant Step Angel Network. Other investors in the round included the Pasadena Angels, Stonnington Capital Partners LP and other private investors. VantageILM said that the funding will go towards product development for future versions of its platform. VantageILM's software is used for loan origination, document management, loan servicing, and other related processes. More information »