CIBC Innovation Banking announced that Mark Usher has been appointed Senior Vice-President, Innovation Banking; President and Executive Managing Director, CIBC Innovation Banking, effective February 28, 2023, taking on the role currently held by Mark...
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February 07, 2023, 08:08 AM
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CIBC Innovation Banking announced the lead arrangement of a $45 million syndicated debt financing for Atlanta-based Azalea Health, a leading provider of electronic health records and revenue cycle management for community-based healthcare...
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December 16, 2022, 07:55 AM
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CIBC Innovation Banking provided a $25 million debt financing for Massachusetts-based Podimetrics Inc., an integrated clinical care service company that helps prevent amputations in patients suffering from complex diabetes. Podimetrics plans to use...
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November 23, 2022, 07:54 AM
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CIBC Innovation Banking provided a growth capital facility for San Jose-based SupportLogic, Inc., a support experience (SX) platform designed to proactively improve customer experience and revenue retention.The SupportLogic platform leverages AI and...
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November 04, 2022, 07:39 AM
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PROCEPT BioRobotics, a surgical robotics company focused on advancing patient care by developing transformative solutions in urology, entered into a new five-year $52 million loan arrangement with CIBC Innovation Banking. Proceeds from the new term...
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October 11, 2022, 07:46 AM
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CIBC Innovation Banking provided growth capital financing to Userlane, a software company based in Germany. Userlane will use the funds to expand its suite of products that help companies master enterprise software and associated processes more...
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September 21, 2022, 07:40 AM
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CIBC Innovation Banking is expanding its presence in the Southeastern region of the U.S. through a new office in Durham, North Carolina.Through its new 14th regional office, CIBC Innovation Banking will help support the growth ambitions of the...
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August 25, 2022, 07:52 AM
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CIBC Innovation Banking provided new debt financing for Chicago-based NowSecure, a mobile application security and privacy software company. NowSecure plans to use the capital to further invest in its advanced application security testing solutions...
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June 10, 2022, 07:28 AM
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CIBC Innovation Banking announced that Ron Singh is joining the team as a Managing Director in CIBC Innovation Banking’s Denver office. With over 20 years of industry experience with business development, deal structuring, and team leadership, Ron...
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June 07, 2022, 08:00 AM
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CIBC Innovation Banking provided growth capital financing for DealMaker, a leading capital raising technology platform. The financing will enable the company to accelerate its growth across North America.Founded in 2018, by experienced Bay Street...
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May 25, 2022, 07:46 AM
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CIBC Innovation Banking provided $35 million of growth capital financing to Salt Lake City-based Impartner Inc. (“Impartner”), a leading partner relationship management (PRM) platform. Impartner plans to use the financing to increase its investments...
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May 19, 2022, 08:00 AM
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CIBC Innovation Banking announced that it is opening a new office in Seattle, Washington to help support the growth ambitions of the hundreds of existing and emerging start ups in the area.Leading the expansion effort in Seattle is John Flemming, who...
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April 21, 2022, 07:46 AM
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CIBC Innovation Banking announced $12 million of growth financing for Dublin-based Phorest Salon Software (“Phorest”), a leading provider of online booking and management software for salon owners. Phorest will use the capital to expand its market...
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March 07, 2022, 07:35 AM
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CIBC Innovation Banking provided financing solutions, including a capital call line of credit, to Graphite Ventures (Graphite), a $100-million fund focused on seed-stage investments and extensions, through to the rights for Series A rounds. The...
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February 23, 2022, 07:07 AM
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CIBC Innovation Banking provided a $100 million credit facility to Portland-based Expensify, a payments superapp that helps individuals and businesses around the world simplify the way they manage money. This funding, provided in October 2021, will...
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February 08, 2022, 07:42 AM
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CIBC Innovation Banking provided a debt facility of $35 million for Atlanta-based Intradiem, a leading provider of automation technology solutions for customer service teams. Intradiem will use the capital to expand its market growth and accelerate...
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December 01, 2021, 07:44 AM
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CIBC Innovation Banking announced the expansion of its New York City office with a series of new hires and promotions, as the group continues its strategic growth in key technology, life science, and clean tech markets in North America and the...
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November 23, 2021, 08:07 AM
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CIBC Innovation Banking announced a debt facility of $50 million for Atlanta and Indianapolis-based Terminus Software (“Terminus”), a leading account based marketing platform. Terminus will use the capital to aid in M&A transactions, international...
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November 02, 2021, 08:50 AM
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CIBC Innovation Banking provided a $30 million credit facility for Atlanta-based Azalea Health (“Azalea”). Azalea will use the capital to aid in its recent acquisition of dashboardMD, a cloud-based provider of business intelligence reporting...
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October 18, 2021, 07:33 AM
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CIBC Innovation Banking provied a $15 million acquisition credit facility to Pennsylvania-based Blue Cloud Pediatric Surgery Centers (“Blue Cloud”), a leading provider of pediatric dental services in ambulatory surgical centers across the country....
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September 30, 2021, 07:40 AM
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CIBC Innovation Banking announced the opening of its new office in London to support the ambitions of UK-based entrepreneurs and their Venture Capital-backers by providing growth capital across a number of innovation ecosystems.Since the launch of...
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September 28, 2021, 07:32 AM
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CIBC Innovation Banking announced that Jonathan Schupack is joining its growing North American team as Executive Director and Market Lead for the Texas Region. He will be based in CIBC Innovation Banking’s office in Austin, TX.Schupack brings over a...
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August 17, 2021, 07:49 AM
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CIBC Innovation Banking provided a $5 million credit facility to Nevada-based Karbon Inc., which provides industry-leading practice management software for accounting firms. The company plans to use the facility to support its hiring plans and...
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August 06, 2021, 07:34 AM
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CIBC Innovation Banking provided financing solutions, including a Capital Call Line of Credit, to Maverix Private Equity (“Maverix”). The capital call facility provides Maverix with the flexibility to make investments in portfolio companies prior to...
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May 10, 2021, 08:00 AM
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CIBC Innovation Banking announced that Joe Hammer is joining its growing North American team as Managing Director, Head of East Coast U.S. Life Sciences and Healthcare. He will be based in CIBC Innovation Banking’s new office in Boston, MA.Hammer has...
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May 04, 2021, 07:19 AM
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CIBC Innovation Banking extended a $12.5 million credit facility to CollegeNET, Inc., a software provider to colleges and universities. The credit facility will be used to further scale CollegeNET's business.CollegeNET, Inc. designs and builds...
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May 04, 2021, 07:00 AM
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CIBC Innovation Banking provided a $10 million credit facility for New York-based MayStreet Inc., an industry-leading market data technology and content provider. The credit facility is available to help the rapidly growing fintech firm further scale...
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March 25, 2021, 08:05 AM
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CIBC Innovation Banking co-led a capital call facility to JMI Equity’s latest fund, JMI Equity Fund X. The capital call facility provides JMI Equity (“JMI”) with the flexibility to make investments in portfolio companies and call capital less...
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March 10, 2021, 07:00 AM
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CIBC Innovation Banking provided a growth capital facility for Indianapolis-based Bloomerang, Inc. Bloomerang plans to use the capital for its recent acquisition of Nashville, TN-based Kindful, Inc., and to continue its growth momentum.Bloomerang, a...
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February 11, 2021, 06:00 AM
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CIBC Innovation Banking announced it has extended a $15 million credit facility to Yello, a provider of early talent acquisition and recruiting scheduling software. The credit facility will be used to support Yello's continued growth as it further...
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November 18, 2020, 08:45 AM
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Vapotherm, Inc., a global medical technology company focused on the development and commercialization of its proprietary high velocity therapy, which is used to treat patients of all ages suffering from respiratory distress, announced that it has...
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October 23, 2020, 08:05 AM
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CIBC Innovation Banking is pleased to announce a US$6 million revolving credit facility for Virginia-based Vbrick Systems Inc. (Vbrick), an industry-leading provider of video platform solutions. With operations in North America, Europe and Australia...
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June 05, 2020, 09:00 AM
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