X

Ultraprise Loan raises $9.5 million

Ultraprise Loan Technologies said Monday it raised a $9.5 million first round of funding. Ultraprise Loan Technologies was formed with the merger of Ultraprise Corp. and Loan Trader. Capital Z Financial Services led the round, which included investments from FBR Technology Ventures Partners, FBR Financial Service Partners and Koch Ventures. The Frederick, Md.-based company has developed software to allow mortgage companies that originate loans, re-purchasers of those loans and Wall Street to work together online. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Ultraprise Loan Technologies said Monday it raised a $9.5 million first round of funding. Ultraprise Loan Technologies was formed with the merger of Ultraprise Corp. and Loan Trader. Capital Z Financial Services led the round, which included investments from FBR Technology Ventures Partners, FBR Financial Service Partners and Koch Ventures. The Frederick, Md.-based company has developed software to allow mortgage companies that originate loans, re-purchasers of those loans and Wall Street to work together online.

See complete list.