As part of an investment in parent company Optimal Blue, Denver-based Secondary Interactive has received funding from San Francisco private equity firm Serent Capital. According to the SEC filing, the raise totaled $22,409,187. Secondary Interactive provides mortgage risk management software, as well as services for loan allocation and technology.
[ibimage==21012==Large==none==self==ibimage_align-center]According to a press release, Serent Capital’s funds are intended to help Optimal Blue and its subsidiary Secondary Interactive grow the value of their offerings for customers while also extending market reach through innovation, growth and additional products and services.
“We have been impressed with the enormous value that Optimal Blue delivers to its customers along with the company’s ability to continue to find innovative ways to serve its customers better,” Kevin Frick, Partner of Serent Capital, said in a statement.
Learn more by visiting Secondary Interactive’s website.
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