CIBC Innovation Banking puts $6.5 mln to work in WealthEngine
WealthEngine, a Bethesda, Maryland-based provider of wealth intelligence and prospect research, has raised US$6.5 million of debt financing from CIBC Innovation Banking. The company will use the funds raised to expand its analytics tools, which help companies in the for-profit and not-for-profit sectors target, segment and engage with customers and donors. WealthEngine is backed by several U.S. venture capital firms, including Novak Biddle Venture Partners, Signatures Capital and Streamlined Ventures. CIBC Innovation Banking is the technology advisory and lending arm of Canadian banking institution CIBC.
5 March 2019•2 mins read
