Mortgage Industry Software Company Capsilon Receives PE Investment from Francisco Partners
Summary
Capsilon Corporation, a San Francisco, CA-based provider of cloud-based document and data management solutions for the mortgage industry, received an investment from Francisco Partners.The amount of the deal was not disclosed.The investment will provide Capsilon with a capital partner to expand product portfolio, and customer adoption.Led by Sanjeev Malaney, CEO, Capsilon provides cloud-based document and data management solutions that enable mortgage lenders, investors and servicers to increase productivity and lower costs, while ensuring compliance.The company’s flagship product, Capsilon DocVelocity®, is a document imaging and data capture platform built specifically to address the needs of large mortgage companies, including two of the 10 largest residential mortgage lenders in the United States.