Cloudvirga Obtains $7,500,000 Series A Funding Round

  • Feed Type
  • Date
    7/29/2016
  • Company Name
    Cloudvirga
  • Mailing Address
    Undisclosed Los Angeles, CA 90001 USA
  • Company Description
    The story behind cloudvirga is unique. We began as an internal development initiative within one of the country’s top 25 lenders. It was an experiment to see if it was possible to transform the chaos and manual processes in lending with a more robust workflow and consistent consumer experience, while truly moving the needle on driving down rising loan costs.
  • Website
    http://www.cloudvirga.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $7,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    cloudvirga intends to use the funds to continue scaling its enterprise platform in the cloud and add key staff members for implementation.
  • M&A Terms
  • Venture Investor
    Dallas Venture Partners
  • Venture Investor
    Upfront Ventures
  • Venture Investor
    Tribeca Angels