Capsilon Opens New Michigan Location

Capsilon announced that it has opened a new sales and support office in Troy, Mich. The new office was opened to help manage Capsilon’s growth during the past 24 months and enables the company to expand its services and support capabilities for mortgage lenders throughout the United States. “As our company continues to grow, we view the new office in Troy as a major strategic initiative, which increases our ability to serve our DocVelocity customers across the United States,” said Sanjeev Malaney, chief executive officer at Capsilon. Capsilon’s DocVelocity is a cloud-based, paperless document management solution that enables small, medium and large mortgage lenders to collect, review, share and deliver loan documents electronically. The solution turns paper into electronic files, accepts documents in most electronic formats and automatically names and sorts documents as they enter the system. By locating its new office in the Midwest, Capsilon is able to attract financial services professionals in the region.