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Wednesday, February 20, 2008
VantageILM Gets Investment
Pasadena-based VantageILM, which provides software for managing loan origination, servicing, collections, accounting, and other functions for finance firms, banks, leasing companies, and credit unions, said Wednesday that it has raised a round of venture capital from Momentum Venture Management. Financial terms of the investment were not disclosed. As part of the funding, Andy Wilson of Momentum Venture Management has been appointed interim CEO of the firm. VantageILM has previously raised funding from Giant Step Angel Network, the Pasadena Angels, and Stonnington Capital Partners.
posted on Wednesday, February 20, 2008 (Link to more information)
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