FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

CIBC Innovation Banking Provides Funding to CyberQP

Date: Jun 06, 2025 @ 08:00 AM
Filed Under: Cybersecurity

CIBC Innovation Banking provided funding to CyberQP, a leading provider of Zero Trust Helpdesk Security solutions. The support comes as CyberQP scales its operations globally and accelerates its mission to transform how IT teams secure access and streamline operational workflows.

CyberQP’s platform helps organizations secure technician and end-user access, reduce cyber risk, and improve helpdesk efficiency through a unified Zero Trust approach. Founded in 2019, CyberQP is a rapidly growing venture-backed Software as a Service (SaaS) provider of Helpdesk Security Automation and Privileged Access Management (PAM) solutions. Originally designed for Managed Service Providers (MSPs), CyberQP’s solutions are widely used by internal IT teams across industries to strengthen access controls, reduce operational friction, and meet compliance requirements.

“With CIBC Innovation Banking’s continued support, we’re accelerating our mission to simplify helpdesk operations and elevate security standards for IT teams worldwide,” said Mateo Barraza, CEO and Co-Founder of CyberQP. “This relationship has been instrumental in helping us scale innovation and deliver greater value to our customers. This latest round of financing amplifies that impact.”

“We’re proud to support CyberQP as it continues to enhance its platform and broaden its global impact,” said Joe Timlin, Managing Director, CIBC Innovation Banking. “Its purpose-built approach to PAM addresses a critical and growing need across IT teams, positioning CyberQP strongly for continued success.”




Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.