Cloudvirga Raises $50M to Deliver a Truly Digital Mortgage Experience

IRVINE, Calif. — Cloudvirga, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform, today announced the closing of a $50-million Series C funding round led by private-equity firm Riverwood Capital (Riverwood) with ongoing participation from Upfront Ventures.

Jallo Oil Distributors’ President is Major Benefactor for Soon to Be Released Documentary on Christian Persecution

TAMPA, Fla. — Patrick Carberry, founder Joshuacord, Inc., has teamed up with In Altum Productions, film director Jordan Allott, and Paul Jallo, president, Jallo Oil Distributors, to produce a much-needed documentary that addresses the plight of Christian persecution in the Middle East and Africa. Joshuacord is a non-profit 501(c)(3) organization developed to help people persecuted for their Christian faith.

Virginia Startup CounterFlow AI closes $2.7M Seed Round

CHARLOTTESVILLE, Va. — Cybersecurity startup CounterFlow AI, Inc. announced last week that it has raised $2.7 million in seed funding from Osage University Partners, the Charlottesville Angel Network, and a number of individual investors who also supported the founders’ previous venture, nPulse Technologies (acquired by FireEye in 2014).

Neurotech Reports Announces 2018 Investment and Management Conference for Bioelectronic Medicine

NEW YORK, N.Y. — Neurotech Reports, the publisher of Neurotech Business Report newsletter, today announced the launch of the Bioelectronic Medicine Forum, the first investment and management conference for the bioelectronic medicine industry. The inaugural event will take place on March 22, 2018 at the Millennium Broadway Times Square in New York, N.Y.

Paragon Insurance Holdings Announces Equity Investment from Edgewood Partners Insurance Center and Oak Hill Capital Partners

AVON, Conn. — Paragon Insurance Holdings, LLC, a national multi-line specialty MGA, announced today that Edgewood Partners Insurance Center (EPIC) and Oak Hill Capital Partners have taken an equity stake in the company. The investment from EPIC and Oak Hill will further propel Paragon’s organic and M&A growth strategies and create greater opportunity for Paragon’s agency, carrier and reinsurance trading partners.

Philadelphia Commercial Capital Advisory CEO Discusses the Current State of the Commercial and Multifamily Finance Market

PHILADELPHIA, Pa. — Rittenhouse Capital Advisors is a commercial real estate finance advisor with over 60 years of combined banking experience. Currently in its fourth year of operation, Rittenhouse Capital has increased its loan production volume by a minimum of 30 percent year over year by delivering creative commercial financing solutions for their real estate investor clients.

In This Season of Thanksgiving Dunlap Gift of $350,000 Benefits Guardian Angels Medical Service Dogs

WILLISTON, Fla. — Guardian Angels Medical Service Dogs, Inc. a national 501(c)(3) non-profit, located in Williston, Fla., and the Community Foundation for Ocala Marion County are proud to announce, and extend our heartfelt thanks and appreciation to Al and Judith Dunlap for their incredibly generous gift of $350,000 to support the work of training medical service dogs for Veterans and First Responders.

Maxwell Closes New $3M Funding Round to Accelerate Pace of Mortgage Innovation

DENVER, Colo. — Maxwell Financial Labs, Inc., a leading provider of B2B digital mortgage cloud software, announced today a new funding round of $3 million, led by the investment arm of Anthemis Group, a company committed to cultivating change in financial services, with participation from Route66 Ventures and Assurant Inc., along with its existing investors.

Matic Insurance Services Raises $7 Million in Series A Round Backed by Top Lender, Insurance Carriers and VC Firms

SHERMAN OAKS, Calif. — Matic Insurance Services (Matic), a digital insurance agency whose technology enables borrowers to purchase homeowner’s insurance during the mortgage transaction, announced today it has raised $7 million in a Series A funding round. Investors participating in the round include Mr. Cooper, one of the nation’s top 20 mortgage originators and the fourth-largest home loan servicer in the country

New Talking Lexa Bear Turns Your Digital Assistant Into Your Forever Friend

AUSTIN, Texas — Wetwire Robotics today announced they are launching the first in a new line of smart toys geared towards digital assistants like Amazon’s Alexa devices. The first model is called Lexa Bear and is a talking teddy bear that is designed to hold an Echo Dot or connect with any Bluetooth device like a mobile phone or tablet. Wetwire Robotics has designed the bear to synchronize its mouth movements in real time to the human voice. Wetwire Robotics will be launching a Kickstarter campaign October 23, 2017.