Qualia Raises $65M in Series D; Acquires Adeptive Software
Qualia, a San Francisco, CA-based digital real estate closing technology company, raised $65m in Series D financing. The round, which increased its total funding to $160m and valued the company at over $1 billion, was led by existing investor Tiger Global, alongside other existing investors 8VC and Menlo Ventures. Additionally, Qualia acquired Adeptive Software, the developer of ResWare, a complementary title and escrow production software provider. Over this time, Adeptive has built enterprise-class software used by large underwriters, title, and escrow companies, complete with a host of i...
Source: finsmes.com