Overture Technologies, a provider of decisioning software solutions, has closed $6 million in Series C funding led by Capital Trust Ventures with continuing participation from CNF Investments, New Markets Growth Fund and other existing investors.
Financing will be used to support market expansion to demand for the company's financial decisioning solutions serving the mortgage and education lending industries, Overture says.
"Today's mortgage and student loan industries require consistent application of complex lending and pricing guidelines and thorough evaluation of ever-changing risk and asset valuation data to meet current and future regulatory requirements," says Bill Kelvie, CEO, Overture Technologies. "This growth funding from experienced investors during a challenging time further validates our approach and will help us accelerate our reach for the markets we serve."
SOURCE: Overture Technologies