Q4 Inc. Secures $25 Million From CIBC Innovation Banking to Support Ongoing Growth
Q4 Inc., which recently announced plans for a Hamilton expansion, has secured a $25 million credit facility from CIBC Innovation Banking. According to the press release, the Toronto-based global provider of cloud-based investor relations and capital markets solutions will use this latest growth financing to support continued scaling of its team, deepening of its best-in-class technology platform, and the continued pursuit of inorganic growth opportunities.
“Q4 provides an innovative and modern platform of tools that truly enables investor relations professionals,” said Mark Usher, Managing Director and North American Team Lead, CIBC Innovation Banking. “They have built a durable and growing company and we are very excited to work with their team.”
Q4 completed a $35 million USD growth equity raise in 2018, and since then has achieved significant organic and inorganic growth, including notable strategic transactions with Business Wire and S&P Global Market Intelligence.
Q4 is backed by leading investment firms Napier Park Financial Partners, First Ascent Ventures, and Information Venture Partners, along with other notable venture capital and angel investors.