SaaS veteran and enterprise software innovator joins maker of DocVelocity® mortgage document and data management platform
SAN FRANCISCO, January 8, 2015 – Capsilon, a provider of cloud-based document and data management solutions for mortgage lenders and investors, today announced that Ramarao (Rama) Velpuri has recently joined the Capsilon leadership team as vice president of engineering. Based in Capsilon’s San Francisco headquarters, Velpuri is responsible for Capsilon’s global engineering team and delivering innovative solutions that change the way mortgage lenders do business.
Velpuri has more than twenty years of experience as a software development leader, with a focus on enterprise software-as-a-service (SaaS). Prior to joining Capsilon, he served as vice president with CA Technologies, where he managed global product development, led SaaS delivery and multi-tenant architecture at the application and database level, and built the Innovation Center. Velpuri also served as CTO at Kenexa Technologies after Kenexa acquired Oramasters, a startup that Velpuri founded and where he served as CEO. At Kenexa, Velpuri grew the engineering team to more than 300 developers worldwide, and was part of the executive team that grew revenue from $35M to more than $200M. Kenexa completed a successful initial public offering (IPO) in 2005, and was acquired by IBM in 2012 for approximately $1.3 billion. Earlier in his career, Velpuri served as executive director at Oracle Corporation, where he authored nine books on the Oracle database.
“Rama knows how to successfully scale and manage innovative engineering teams in high-growth environments, experience that will be critical as Capsilon continues to grow to meet the needs of the mortgage industry,” said Sanjeev Malaney, chief executive officer at Capsilon. “His experience in delivering enterprise SaaS solutions with high availability, and his track record of building and managing global development centers, are an ideal fit for the next phase of Capsilon’s growth.”
Velpuri holds a Master of Science degree in computer engineering from Louisiana State University, and a Bachelor of Engineering degree in electronics and communications from Andhra University in Vizag, India.
Capsilon provides comprehensive cloud-based document imaging and data capture solutions that enable mortgage lenders and investors to increase productivity and lower costs, while ensuring compliance. The company’s flagship product, Capsilon DocVelocity®, is a document and data management platform built specifically to address the needs of the largest mortgage lenders in the United States. Headquartered in San Francisco, Capsilon serves many of the mortgage industry’s most innovative lenders, including two of the 10 largest residential mortgage lenders in the United States. For more information, visit www.capsilon.com.
DocVelocity® is a registered trademark of Capsilon Corporation. All other marks are the property of their respective owners.