ISGN Corporation provides end-to-end technology solutions and services to the U.S. mortgage industry, serving more than 1,000 customers including large global banks and top lenders. The company plans to use recent funding to develop new products and further expand its mortgage processing services. It has allocated funds to build infrastructure to help customers comply with the Dodd-Frank Act and Interagency Appraisal and Evaluation Guidelines. New services described include an appraiser-assisted AVM cascade, AVM with property condition reports, managed valuation products and appraiser parity supporting customary and reasonable fees. ISGN also intends to use proceeds to pay off outstanding debt related to its 2010 acquisition of Fiserv’s fulfillment services business. Led by CEO Krishna Srinivasan, the company employs more than 1,000 people across seven domestic centers and two international facilities.

Total raised

$30M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2011