VantageILM Announces Board Appointments

7/3/07 – Pasadena-based startup VantageILM, provider of on-demand integrated loan management software, has announced appointments to its newly-formed board of directors.  Late last week, the company announced the completion of its initial round of financing of $1.3 million.

The company’s board will include founder and president Robert Yuan; Steve Reich, senior vice president of sales and marketing for LeisureLink and a member of the Pasadena Angels; Thomas Dudley, a private investor and a distinguished professor of decision science at Pepperdine University; Henrik Vanderlip, chairman of private equity firm Viking Capital Partners and a member of Giant Step Angel Network; and Dennis Lin, a private investor and founder of New Century Group.

Vantage says its platform allows lenders to directly plug a wide variety of key external data providers and systems into the workflow, including credit bureaus, valuation services, identity verification and payment processors.

The company is backed by Giant Step Angel Network, the Pasadena Angels and Stonnington Capital Partners LP.

VantageILM – www.vantageilm.com

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