Latest news with #CIBCInnovationBanking
Yahoo
2 days ago
- Business
- Yahoo
CIBC Innovation Banking Provides Funding to CyberQP
VANCOUVER, British Columbia, June 05, 2025--(BUSINESS WIRE)--CIBC Innovation Banking announced today that it has 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." About CIBC Innovation BankingCIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. About CyberQPCyberQP redefines Zero Trust Helpdesk Security with leading-edge Privileged Access Management (PAM) and End-User Access Management (EUAM) solutions. The platform enables secure elevated access for both technicians and end users, along with robust self-serve and identity verification capabilities. Backed by SOC 2 Type 2 certification, CyberQP empowers IT professionals to eliminate identity and privileged access security risks, enforce compliance, and enhance operational efficiency. The mission is simple: "Empowering Access, Redefining Privilege" for help desks around the globe. Learn more at View source version on Contacts Katarina Milicevic, 416-362-3458 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
2 days ago
- Business
- National Post
CIBC Innovation Banking Provides Funding to CyberQP
Article content VANCOUVER, British Columbia — CIBC Innovation Banking announced today that it has 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. Article content 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. Article content Article content '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.' Article content '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.' Article content CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. Article content CyberQP redefines Zero Trust Helpdesk Security with leading-edge Privileged Access Management (PAM) and End-User Access Management (EUAM) solutions. The platform enables secure elevated access for both technicians and end users, along with robust self-serve and identity verification capabilities. Backed by SOC 2 Type 2 certification, CyberQP empowers IT professionals to eliminate identity and privileged access security risks, enforce compliance, and enhance operational efficiency. The mission is simple: Article content Article content Article content Article content Article content
Globe and Mail
2 days ago
- Business
- Globe and Mail
CIBC Innovation Banking Provides Funding to CyberQP
CIBC Innovation Banking announced today that it has 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.' About CIBC Innovation Banking CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. About CyberQP CyberQP redefines Zero Trust Helpdesk Security with leading-edge Privileged Access Management (PAM) and End-User Access Management (EUAM) solutions. The platform enables secure elevated access for both technicians and end users, along with robust self-serve and identity verification capabilities. Backed by SOC 2 Type 2 certification, CyberQP empowers IT professionals to eliminate identity and privileged access security risks, enforce compliance, and enhance operational efficiency. The mission is simple: "Empowering Access, Redefining Privilege" for help desks around the globe.
Business Wire
2 days ago
- Business
- Business Wire
CIBC Innovation Banking Provides Funding to CyberQP
VANCOUVER, British Columbia--(BUSINESS WIRE)--CIBC Innovation Banking announced today that it has 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.' About CIBC Innovation Banking CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. About CyberQP CyberQP redefines Zero Trust Helpdesk Security with leading-edge Privileged Access Management (PAM) and End-User Access Management (EUAM) solutions. The platform enables secure elevated access for both technicians and end users, along with robust self-serve and identity verification capabilities. Backed by SOC 2 Type 2 certification, CyberQP empowers IT professionals to eliminate identity and privileged access security risks, enforce compliance, and enhance operational efficiency. The mission is simple: "Empowering Access, Redefining Privilege" for help desks around the globe.
Globe and Mail
16-05-2025
- Business
- Globe and Mail
CIBC Innovation Banking Serves as Lead Arranger of a Syndicated Debt Facility for Rentsync
CIBC Innovation Banking announced today that it recently acted as the lead arranger and administrative agent of credit facilities for Rentsync. The funding provided financing for future capital to support the company's growth. Rentsync is a leading software and data company based in Toronto, specializing in serving the Canadian rental housing industry. 'We are thrilled to support Silversmith Capital Partners and the Rentsync team as they continue their leadership and growth in the rental property management space,' said Adam Weiers, Executive Director, CIBC Innovation Banking. 'Rentsync is a trusted partner to its rental property management clients, and its platform continues to transform the industry landscape.' About CIBC Innovation Banking CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. About Rentsync Based in Toronto, Rentsync is a leading software and data company, specializing in serving the Canadian rental housing industry. Rentsync offers a range of innovative products and services designed to streamline rental property marketing, leasing, and property management. It also owns and operates the Network, the leading online marketplace for rental housing in Canada. Its commitment to professionalism, innovation, and accessibility has made it a trusted leading partner for rental housing marketers, leasing agents, and renters. About Silversmith Capital Partners Founded in 2015, Silversmith Capital Partners is a Boston-based growth equity firm with $3.3 billion of capital under management. Silversmith's mission is to partner with and support the best entrepreneurs in growing, profitable technology and healthcare companies. Representative investments include ActiveCampaign, Appfire, Apryse, DistroKid, Iodine Software, LifeStance Health, Onbe, and Webflow. For more information, including a full list of portfolio investments, visit
