Cloud Lending Solutions, a technology provider to marketplace lenders and other finance companies, announced that it has raised $8 million in venture funding.
The startup said the fundraising round was led by SF Capital Group, a New York-based "family office" serving very wealthy investors. Neil Wolfson, the president of SF Capital Group, will join Cloud Lending Solutions' board of directors.
Also investing in the company were the venture capital firms Cota Capital and Long Light Capital. Two earlier investors, Green Visor and Epic Ventures, made additional investments, according to Cloud Lending Solutions' press release.
The company, which has offices in San Mateo, Calif., and Bangalore, India, sells applications that marketplace lenders use to put their back-office systems in the cloud.
Lending platforms that use the firm's technology include Carlsbad, Calif.-based Dealstruck, which runs a small-business loan marketplace, and Harmoney, a consumer loan site in New Zealand.
Cloud Lending Solutions, which was founded in 2012, also sells its technology to traditional financial institutions. The firm says that it has more than 75 customers in more than 20 countries.