Growing Delta Group
with a New Partner
By late 1994 Delta Group served quite a few real estate clients around the country, aggregating and normalizing a few dozen MLS data feeds, including property photos. Then, in 1997, Mangold brought on a new partner, someone he knew, who also invested a few million dollars into the company. They pushed growth and worked to bring Delta Group's technology to the real estate industry on a much larger scale.
Since day one, Delta had technology we call the Delta Doors. Delta Doors, still in use but expanded today, implements and protects the procuring cause model that the real estate industry still operates under to this day. Today's entire DeltaNET platform is built around this Delta Doors model.
In 1998 Delta Group founder Wayne Mangold partnered with Chi Chi Cao. With the new funding, the company moved to Sunnyvale, CA, re-branded as TigerFly, Inc., and expanded its operations.
For over two years, TigerFly operated in the real estate vertical as a B-to-B provider of services with two goals. First, TigerFly serviced real estate brokerages and franchises, helping take their businesses online. Second, TigerFly was building an online, National Multiple Listing System Platform, or e-marketplace, that the large brokerages would own and control called an Exchange.
By 1998, TigerFly, and its predecessor, Delta Group, had five years' experience developing and hosting advanced websites for major real estate companies.