Dorado is a leading provider of intelligent software-as-a-service (SaaS) solutions and platform-as-a-service (PaaS) architecture to the financial services industry. The company offers automated systems for managing and tracking consumer lending processes, including its marquee ChannelMaster(R) mortgage origination suite - a leading cloud computing solution capable of processing over 10,000 complex transactions per day, handling an estimated 16% of all U.S. loans produced, and providing Tier One banks with a services order management system. With the benefits of SaaS, CoreLogic Dorado uniquely enables users to monitor transactions in real-time and collaborate across multiple parties, offering competitive advantages, better product mix control, and compliance automation. The company's pay-for-performance model provides an alternative to single-point solutions and closed systems. Founded in 1998 and headquartered in the United States, Dorado reported a $25.00M Series C investment in February 12, 2001, with Palomar Ventures and Crosspoint Venture Partners as the key investors. In 2010, the company's customer base included six of the top fifteen U.S. mortgage lenders and leading financial institutions in Canada. As a subsidiary of CoreLogic, a company with over 10,000 employees worldwide, Dorado is poised for continued growth and innovation in the financial services and SaaS industries.
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