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VantageILM Completes First Round of Financing

6/29/07 – VantageILM, a Pasadena-based provider of on-demand integrated loan management software, announced this week that it had completed an initial round of financing, raising $1.3 million.

The round was led by Giant Step Angel Network, with additional investment coming from the Pasadena Angels and Stonnington Capital Partners LP.

The company says funds will be used primarily for research and product development of the VantageILM platform, which it says allows lenders to directly plug into the workflow a wide variety of key external data providers and systems, including credit bureaus, valuation services, identity verification and payment processors.

VantageILM – www.vantageilm.com

 

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