Tech Company Financing Transactions

Cloudvirga Funding Round

On 5/18/2018, Cloudvirga secured $50 million in Series C funding from Riverwood Capital and Upfront Ventures.

Transaction Overview

Company Name
Announced On
5/18/2018
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors

Riverwood Capital (Lead Investor) (Scott Ransenberg)

Upfront Ventures

Proceeds Purpose
The new funding will support Cloudvirga's mission to help lenders reduce record-high loan production costs via automation and empower borrowers with greater transparency and engagement in the mortgage transaction.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
2875 Michelle Dr. 200
Irvine, CA 92606
USA
Phone
Undisclosed
Email Address
Overview
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.
Profile
Cloudvirga LinkedIn Company Profile
Social Media
Cloudvirga Company Twitter Account
Company News
Cloudvirga News
Facebook
Cloudvirga on Facebook
YouTube
Cloudvirga on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Sogorka
  Daniel Sogorka LinkedIn Profile  Daniel Sogorka Twitter Account  Daniel Sogorka News  Daniel Sogorka on Facebook
Chief Information Officer
Mark Attaway
  Mark Attaway LinkedIn Profile  Mark Attaway Twitter Account  Mark Attaway News  Mark Attaway on Facebook
Chief Operating Officer
Kyle Kamrooz
  Kyle Kamrooz LinkedIn Profile  Kyle Kamrooz Twitter Account  Kyle Kamrooz News  Kyle Kamrooz on Facebook
Chief Technical Officer
Daniel Akiva
  Daniel Akiva LinkedIn Profile  Daniel Akiva Twitter Account  Daniel Akiva News  Daniel Akiva on Facebook
VP - General Counsel
Maria Moskver
  Maria Moskver LinkedIn Profile  Maria Moskver Twitter Account  Maria Moskver News  Maria Moskver on Facebook


 

 

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Prev: 5/18/2018: Scentbird venture capital transaction
Next: 5/18/2018: AREVO venture capital transaction

 

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 


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