SEATTLE CapitalStream, which offers commercial financing services over the Internet, said Tuesday that it had closed a $20 million round of venture financing led by Financial Technology Ventures, a group that includes many leading financial institutions.
This round will take CapitalStream to the break-even point, said the company, which has had a steady increase in revenues and subscription since it launched in April 2000. Its customers include Textron Financial Corp., Siemens Financial Services Inc., and Bank of America.
