Apollo Enterprise Solutions Raises $7.65M

Apollo Enterprise Solutions, an Irvine firm which develops hosted software for managing receivables and debt collection, has scored $7.65M in a Series A funding round, according to Moriah Growth Fund, L.P. Apollo's software is used to collect deliquent or default payments from consumers and businesses. As part of the funding, Mariah Partners said managing Partner Joseph S. Konowiecki will become Chairman and CEO of Apollo. More information »