Dorado Corporation provides collaborative cloud computing applications and architecture for the financial services industry.
Business Model: SAAS
Revenue: $0
Employees: 201-500
Dorado Corporation was acquired by
CoreLogic.
The acquisition happend on 2011-03-15.
Details of the transaction were not public
Address:
City: San Mateo
State: California
Zip:
Country: United States
Dorado Corporation is a provider of collaborative cloud computing applications and architecture to the financial services industry. The company offers fully automated on-demand solutions for managing and tracking complex integrations and data-intensive transactions for financial institutions. The company’s marquee Enterprise Lending System encompasses the ChannelMaster(TM) mortgage loan origination system and PriceMaster(TM) pricing engine, enabling financial institutions to run and centrally monitor the consumer lending process from lead generation through post-close. Along with the benefits of cloud computing applications—increased functionality and dependability with minimal capital costs, flexible configurations, rapid deployment and agile performance—Dorado’s customers also gain competitive advantage via production workflow enhancements, better control over the product mix and built-in compliance. The company’s pay-for-performance model also provides a more predictably priced alternative to single-point solutions, closed systems and internal development. The company was named a “Hot Banking Technology Company to Watch†by a major research firm in 2009, and has been a Top 50 Mortgage Technology Provider since 2005. Dorado’s customers include tier-one mortgage lenders, leading regional banks and growing financial institutions in the U.S. and Canada.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 3/2000 | Series B | 2 | $15M |
Crosspoint Venture Partners Palomar Ventures Crosspoint Venture Partners Palomar Ventures |
2/2001 | Series C | 2 | $25M |
Crosspoint Venture Partners Palomar Ventures Crosspoint Venture Partners Palomar Ventures |
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