CED News

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MortgageRamp Gets $50 Million Second Round

According to venturewire.com, Charlotte-based MortgageRamp, an online commercial real-estate Web site, has raised $50 million in its second round of funding. A number of investors participated in MortgageRamp's second round, including America Mortgage Capital, Deutsche Bank, Allied Capital, Bank United, Compaq Computer, Fannie Mae, Moody's Investors Services, Standard and Poors, and VerticalNet participated in the round. The company said it will use the funds for technology and product development.

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