In Brief: Tech Firm Dorado Gets $25 Million

SAN MATEO, Calif. - Dorado Corp., a technology provider for the financial services industry, announced Tuesday that it has secured $25 million in funding in its series C round of investment.

Crosspoint Venture Partners and Palomar Ventures increased their investment in the company in leading the round, while Oasis Ventures invested in Dorado for the first time.

The company said it will use the funds to further develop its electronic commerce products and services.

It said customers it has signed up in the last 11 months include GreenPoint Mortgage, H&R Block Mortgage, Washington Mutual, First Horizon Home Loans, Chase Manhattan Mortgage, and Homestore.com.

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